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Private-sector businesses are concerned that the U.S. Postal Service will consider broad rate increases next month, The Hill newspaper reported Wednesday.

Industries that use mail services heavily, including magazines, marketers nd banks, say a sharp hike in rates would hurt their bottom lines, the newspaper said.

The Postal Service’s board of governors plans to hold a private meetingÌýSept. 5 that will touch onÌýseveral issues, including pricing, The Hill reported.

The service lost a record $15.9 billion in fiscal 2012, mostly from defaults on required prepayments for future retirees’ health care, The Hill said. Its losses this year declined to $3.9 billion in the first nine months of the current fiscal year.