USPS is proposing temporary rate adjustments to “help cover extra handling costs” through its busiest season. If approved, the new rates will take effect on Oct. 2 and run through Jan. 22, according to a news release.
, the United States Postal Service wants to increase the cost of shipping packages over the holidays.USPS is proposing temporary rate adjustments to “help cover extra handling costs” through its busiest season. If approved, the new rates will take effect on Oct. 2 and run through Jan. 22, according to aThe proposed price hikes, which USPS has instituted in past years, are part of the Postal Service’s 10-year plan "to achieve financial sustainability.
The increases for Priority Mail and Priority Mail Express range from 30 cents to $6.45, while flat rate boxes and envelopes will go up by 95 cents. First-Class packages, Parcel Select Ground and USPS Retail Ground will go up 30 cents and $5.85 per package.“This seasonal adjustment will bring prices for the Postal Service’s commercial and retail customers in line with competitive practices,” USPS said in a statement.
"These temporary rates will keep USPS competitive while providing the agency with the revenue to cover extra costs in anticipation of peak-season volume," the statement said.The Postal Regulatory Commission must sign off on the changes, which were approved by the Governors of the Postal Service on Tuesday.
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