Already at your wits end with the price of gas, milk, cars, and your electric bill? Well, buckle up because here comes another price hike to add to your list.
The U.S. Postal Service is raising postage prices for the peak holiday season period later this year. Price increases will go into effect from October 2 through January 22, 2023.
The United States Postal Service (USPS) filed a notice with the Postal Regulatory Commission concerning the so-called “temporary” price adjustment.
The hike is said to help cover the extra handling costs according to the USPS. There have been increases like this in the past, and it will take effect after it receives a favorable review by the Postal Regulatory Commission (PRC).
The USPC released a statement saying the prices would rise for the following commercial and retail domestic parcels: Priority Mail Express (PME), Priority Mail (PM), First-Class Package Service (FCPS), and Parcel Select and USPS Retail Ground.
The one piece of good news is that International USPS products will not be a part of the price hike over this period.
The temporary holiday pricing will vary according to the weight of the packages being sent. It will also depend on whether the package is commercial or retail postage.
This shift in pricing was already approved by the Governors of the Postal Service.
If the package is up to 10 pounds, the First Class retail rate will go up by 30 cents. For retail packages between 26 to 70 pounds, the price will increase by $5.85. The Commercial First Class package up to 10 pounds will increase by 25 cents. And the Commercial First Class packages of 26-70 pounds will increase by $5.50.
Priority Mail and Priority Mail Express retail rates will rise by 95 cents for flat rate boxes and envelopes. Prices will be hiked by 30 cents for priority packages up to 10 pounds. And for 26-70 pound priority packages the retail rate will be raised by $6.45.
Priority Mail and Priority Mail Express’s commercial flat rates will be increased by 75 cents. The priority commercial packages up to 10 pounds will see a 25 cents rate increase. And for 26-70 pounds commercial Priority packages the price increase will be $6.50.
You can find a full list of the commercial and retail postage pricing online. The USPS still boasts that they have some of the lowest postage rates in the industrialized world.
Some found it interesting that this increase was announced soon after it was stated that the USPS plans to buy at least 25,000 electric delivery vehicles.
This is from the statement by the USPS: “The U.S. Postal Service today announced it anticipates adjusting the purchase interval and composition of its delivery fleet. The adjustments reflect refinements to the Postal Service’s overall network modernization, route optimizations, improved facility electric infrastructure, and availability of vehicles and technology. The proposed expanded fleet mix will include purpose-built Next Generation Delivery Vehicles (NGDVs) and commercial off-the-shelf (COTS) vehicles, and the network adjustments and attendant economies will facilitate substantially increased deployment of battery electric vehicles (BEVs).”
This decision was driven by four U.S. senators who pushed legislation that would prohibit the Postal Service from purchasing non-zero-emission vehicles. Attorneys general from 16 states, the District of Columbia and environmental groups sued the Postal Service in April to stop their purchase of gas-powered vehicles.
“Once this purchase goes through, we’ll be stuck with more than 100,000 new gas-guzzling vehicles on neighborhood streets, serving homes across our state and across the country, for the next 30 years,” California Attorney General Rob Bonta said at the time.
So as you pay extra for those Christmas cards, at least you’ll know that your Christmas tree is not the only thing green this year.