The USPS price increase goes into effect this month

(NEXSTAR) – The holidays may be months away, but the United States Postal Service is already enacting peak holiday rates.

“High season pricing” begins Sunday, October 2 and lasts through January 22, 2023, USPS says.

Pricing for Priority Mail Express, Priority Mail, First-Class Package Service, Parcel Select and Retail Ground are all affected, but international products are not.

The price change depends on the weight of the package and the shipping distance. Some changes are minor – just 25 cents – while others are significant. The biggest price jump is $6.50 for shipping heavy, commercial Priority Mail and Priority Mail Express packages over long distances. (See a product-by-product breakdown from USPS.)

Businesses that use USPS to ship products, such as small business owners on Etsy, might charge shipping and handling fees to cover peak price changes.

USPS isn’t the only one raising shipping prices this fall and winter. FedEx, UPS and Amazon have announced similar surcharges.

Postmaster General Louis DeJoy also plans to request another permanent postage price increase in January, the Associated Press reports. The price hikes are necessary because inflation is expected to add $1 billion to USPS’s budget, DeJoy said.

The price of Forever stamps just went up from 58 cents to 60 cents this summer. Less than a year ago, stamps cost 55 cents.

In another attempt to save money, the postal service also slowed delivery times earlier this year.

https://www.woodtv.com/news/nexstar-media-wire/usps-price-hike-takes-effect-this-month/ The USPS price increase goes into effect this month

Dais Johnston

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