Time Inc. to Submit Testimony in Postal Rate Case
Time Inc. plans to submit testimony to the Postal Service Sept. 6, asking that it consider an alternate rate proposal that Time believes better aligns "rates with costs," a spokeswoman said this week. The Magazine Publishers Association said last week that it too is considering submitting testimony in September on the matter that would encourage co-mailing and co-palletization.
The Postal Service filed a rate case with the Postal Rate Commission in May proposing a system-wide postal increase of 8.5 percent, with magazines looking at an average 11.4 percent jump in rates.
Time’s proposal is not designed to shift the burden of the rate increase away from publishers and onto other mailers, said company spokeswoman Colleen McMillen. Instead, it is "designed to send the correct pricing signals to mailers so that they can prepare their mail in the most cost effective manner," McMillen said in an e-mail. "The entire testimony will be available next week," she added.
The proposed rate hike comes after a 5.4 percent postal increase in January. If it passes, rates will have gone up 17.4 percent in less than a year and a half.