U.S. Postal Service will be raising rates for the holiday season temporarily.

The post office has played the role of the Scrooge this Christmas season as it will temporarily raise rates. The Postal Service  Says its rates are in line with its competitors such as UPS and FedEx. While this is a temporary increase, the timing couldn’t be worse due to the inflation that has hit the US economy- at a whopping 9.1%.

The price of an American postal stamp went up by 2 cents last month, increasing the cost of shipping a first-class letter by 3.4% to 60 cents.

With reference to a temporary pricing adjustment for important package products for the busiest holiday season in 2022, the United States Postal Service today filed notice with the Postal Regulatory Commission (PRC). The temporary rate increase would start on Oct. 2 at 12 a.m. Central and last until Jan. 22, 2023, at 12 a.m. Central. Similar to previous years, this temporary pricing adjustment will help pay for additional handling expenses to guarantee a successful peak season.

The prices for the following commercial and retail domestic competitive parcels would be affected by the planned peak-season pricing, which was approved by the Governors of the Postal Service on August 9: Priority Mail Express (PME), Priority Mail (PM), First-Class Package Service (FCPS), Parcel Select, and USPS Retail Ground. Products from other countries wouldn’t be impacted. The temporary rates would be in place starting at 12 a.m. Central on October 2 and continuing for as long as the PRC gives them a favorable review.

The new rates are as follows:

Priority Mail and Priority Mail Express:

Commercial:

$0.75 increase for PM and PME Flat Rate Boxes and Envelopes.

$0.25 increase for Zones 1-4, 0-10 lbs.

$0.80 increase for Zones 5-9, 0-10 lbs.

$0.75 increase for Zones 1-4, 11-25 lbs.

$2.80 increase for Zones 5-9, 11-25 lbs.

$3.00 increase for Zones 1-4, 26-70 lbs.

$6.50 increase for Zones 5-9, 26-70 lbs.

Retail:

$0.95 increase for PM and PME Flat Rate Boxes and Envelopes.

$0.30 increase for Zones 1-4, 0-10 lbs.

$1.00 increase for Zones 5-9, 0-10 lbs.

$0.95 increase for Zones 1-4, 11-25 lbs.

$3.20 increase for Zones 5-9, 11-25 lbs.

$3.25 increase for Zones 1-4, 26-70 lbs.

$6.45 increase for Zones 5-9, 26-70 lbs.

First-Class Package Service, Parcel Select Ground, and USPS Retail Ground:

Commercial:

$0.25 increase for Zones 1-4, 0-10 lbs.

$0.40 increase for Zones 5-9, 0-10 lbs.

$0.75 increase for Zones 1-4, 11-25 lbs.

$1.60 increase for Zones 5-9, 11-25 lbs.

$3.00 increase for Zones 1-4, 26-70 lbs.

$5.50 increase for Zones 5-9, 26-70 lbs.

Retail:

$0.30 increase for Zones 1-4, 0-10 lbs.

$0.60 increase for Zones 5-9, 0-10 lbs.

$0.95 increase for Zones 1-4, 11-25 lbs.

$2.70 increase for Zones 5-9, 11-25 lbs.

$3.25 increase for Zones 1-4, 26-70 lbs.

$5.85 increase for Zones 5-9, 26-70 lbs.

Check FREE Sports Scores and Bets https://www.RobinhoodSports.com a Division of RobinhoodNews.com





Related Articles

FREE

Get the most important breaking news and analyses for Free.

Thank you for subscribing

Something went wrong.