Post&Parcel--Regulators in the US have approved increases for US Postal Service rates, now set to come into force on April 17, but face an appeal next month on proposals for higher rate rises.

The Postal Regulatory Commission (PRC) said yesterday that the price rises proposed by USPS last month, of just over 1.74% for most of its market-dominant products, complied with its legal price cap based on the Consumer Price Index. Read more!