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The price increases are due to the change in mailing and shipping marketplace, according to the U.S. Postal Service. The increase will help cover the service's 10-year Delivering for America plan .
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 ...
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 ...
The coronavirus pandemic of 2020 was anticipated to cause a large increase in mail voting because of the possible danger of congregating at polling places. [37] [38] For the 2020 election, a state-by-state analysis concluded that 76 percent of Americans were eligible to vote by mail in 2020, a record number. The analysis predicted that 80 ...
Between 2007 and 2016, the USPS lost $62.4 billion; the inspector general of the USPS estimated that $54.8 billion of that (87%) was due to prefunding retiree benefits. [13] By the end of 2019, the USPS had $160.9 billion in debt, due to growth of the Internet, the Great Recession , and prepaying for employee benefits as stipulated in PAEA. [ 14 ]
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 ...
English: A USPS package containing COVID-19 tests from the fifth round of free US distributions in the fall of 2023, with instructions regarding FDA extensions of test expiration dates. Date 6 October 2023
USPS also says that the 4.2% increase for First-Class Mail will help offset inflation. The Bureau of Labor Statistics (BLS) released its Consumer Price Index (CPI) on Nov. 10, showing a 7.7% ...