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First-class stamps to cost 49 cents as of Jan. 26

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KRYSTLE MARCELLUS / KMARCELLUS@STARADVERTISER.COM
Hawaii post offices will have no extended hours this holiday season, but there are ways to avoid standing in line to mail Christmas cards and packages. Self-Service Ship and Mail Centers are located at 17 post offices around the state, and they will be available 24/7 so residents can purchase stamps and print and pay for postage for packages. Packages moved along a conveyor belt at the post office at Hono­lulu Airport on Monday.

WASHINGTON » Mailing a letter is about to get a little more expensive.

Postal regulators today approved a price hike of 3 cents for a first-class stamp, bringing the charge to 49 cents a letter.

The independent Postal Regulatory Commission said the change was justified by severe mail volume decreases since 2008.

The new price is effective Jan. 26 and will last no more than two years, allowing the Postal Service to recoup $2.8 billion in losses.

Regulators rejected a request to make the price hike permanent.

Bulk mail, periodicals and package service rates rise 6 percent.

The mail industry opposes the price increases. It says charities using mass mailings and bookstores competing with Amazon will suffer.

The Postal Service says it lost $5 billion in the last fiscal year.

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