Rate changes will contribute to $40 billion of investments in people, technology, and infrastructure over the next 10 years to modernize and improve the Postal Service’s operations and customer experience.Pricing actions part of balanced approach under “Delivering for America,” the Postal Service’s 10-year plan for achieving financial sustainability and service excellence.Postal Service continues to offer some of the lowest letter-mail postage rates in the industrialized world and a great value in shipping as we enhance our reliability and expand our product offerings in service to the American people.The entire list of price filling can be found on the PRC site for October 10 at. The Postal Regulatory Commission (PRC) will review the price increases before they take effect in January. So while rates are increasing, the Postal Service still easily remains the most affordable shipping option for many situations. Also, consider there is no surcharge for fuel, peak season, or Saturday delivery, like the other carriers. The USPS still has the lowest shipping rates on average when compared to UPS and FedEx.
The following is a list of all of the changes for mail and shipping services: And, the dimensional divisor for Priority Mail is being reduced to 166, so heavier DIM weight packages will cost more to ship. First-class packages, which are often used by retailers for fulfillment purposes, will go to zone-based pricing. There will also be a $0.05 increase in the price of the First-Class stamp, bringing it to $0.55. Priority Mail Express will go up 3.9% and Priority Mail will increase by 5.9%. The Governors of the Postal Service believe that the new rates will keep the USPS competitive with the market while providing added revenue for the agency. While mailing services are based off the Consumer Price Index (CPI), shipping services reflect market conditions. Effective January 27, rates will go up an average of 2.5%. The United States Postal Service announced that it will be raising its rates again in 2019.
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