US Postal Service temporarily raises holiday rates

A United States Postal Service (USPS) employee exits a Grumman Lifetime Vehicle.

Paul Weaver | SOPA images | Lightrocket | beautiful pictures

The U.S. Postal Service filed a notice Wednesday about a temporary price increase for this year’s peak holiday season, which it says will help cover additional processing costs.

The agency said the regulation has been approved by its board of governors and is currently awaiting review by the Postal Service Regulatory Commission. The price increase will take effect on October 2 and will remain until January 22, 2023.

The agency says the adjustment is similar to previous years and will allow it to remain competitive during peak shipping season.

Rates increase depending on package weight and delivery distance. Commercial priority mail packages will go up 75 cents, and heavy, long-haul packages can go up to $6.50.

The agency notes that it relies on postage, product and service sales to fund operations.

The price increase was announced shortly after The agency said it plans to buy at least 25,000 electric delivery vehicles.

Read the USPS statement here.

Source link


News7h: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button