Search results
Results from the WOW.Com Content Network
The United States Postal Service will be raising shipping prices after the holidays, it recently announced.. Ground Advantage prices will go up 5.4%, Priority Mail will increase by 5.7%, and ...
On September 25, 2013, the USPS announced a 3-cent increase in the First Class postal rate, effective January 26, 2014, increasing the price of a stamp to 49 cents. Bulk mail, periodicals, and package service rates were also increased by 6 percent. A loss of US$5 billion during the 2013 fiscal year was the reason given for the increase. [30]
After increasing the price of a first-class postage stamp to 68 cents in January, the U.S. Postal Service is planning to increase the cost again in the coming days.. The USPS will bump the cost of ...
In 2023 alone, the postal service reported a $6.5 billion deficit. For 2024, they project an additional $6.3 billion in losses. The most recent hike marks the fifth price increase in the past two ...
Title II overhauled the process in which the USPS needed to change the rate of products, limiting any increase to the consumer price index. The process that the USPS needed to go through to change rates was also significantly more efficient than the older rate setting system, going from a six month or more process to a two month process. [2]
In 2020, the Postal Regulatory Commission gave the Postal Service increased authority to raise postage rates in order to cover its operating costs. [149] Between 2021 and 2023, USPS has raised the postage rate four times. [150] In May 2023, USPS reported a $2.5 billion loss over the year's first quarter, with approximately $500 million of that ...
USPS Christmas shipping deadline: December 21 The USPS will ship all the way until December 21, but for the cheapest service (USPS Ground Advantage), you'll need to ship by December 18.
A USPS fact sheet about the proposed changes notes that the plan would have no impact on 75% of first-class mail. The combination of higher prices and slower delivery raises the risk that the USPS ...