15 filing on USPS rate adjustments, there won't be another increase until July 2022. Could the USPS increase prices again?Īlthough the Postal Service calls this holiday-season price increase temporary, it's the Postal Regulatory Commission that sets prices.
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Here's how to track when a package will arrive at your doorstep.Īmazon delivery prices aren't part of the increase. Some Amazon packages may arrive through the Postal Service, but Amazon sets those rates. UPS and FedEx are separate from the postal service.
The current rate hike applies only to packages sent through the US postal service. Do the new postage rates apply to Amazon, UPS and FedEx deliveries, too? Adjusting for inflation, you can see that the price of a stamp hasn't changed much over the last hundred years. Before that the last increase was in 2019, when the Postal Service bumped the price to 55 cents from 50. In August, the Postal Service increased the price of a first-class stamp to 58 cents, up from 55 cents.
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To help close a budget deficit the service has been running since 2007, the US Postal Service is taking a series of steps overseen by Postmaster General Louis DeJoy - some more controversial than others - to get its financial house in order. Why is the USPS raising prices on packages for the holidays?
Here's what to know about the temporary price increases, including what kind of mail it applies to. And fortunately, not all first-class mail and packages will be impacted by the snail mail but the farther your package has to travel, the longer your loved one may have to wait.
You'll most likely see adjusted postal rates in the future - twice a year going forward. The USPS started raising its postage prices this summer with stamps, envelopes and more. The rate increases and shipping delays are all part of the Postal Service's plan to stabilize its finances, which have taken a downward turn over the past decade, and the ongoing pandemic burdens. 26 - goes hand in hand with delivery slowdowns that began Oct. The seasonal price hike - which lasts till Dec. That's because the USPS has raised the price on shipping parcels throughout the holiday season. For the most up-to-date news and information about the coronavirus pandemic, visit the WHO and CDC websites.Īre you planning on sending holiday cards and gifts this year? If so, you should plan to send your gifts as early as possible and expect to pay more when using the US Postal Service.