General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThis is old news, but I hadn't heard about -- USPS hiking rates 8% on Priority Mail, etc. *due to fuel costs* from 4/26
U.S. Postal Service Announces Transportation-Related, Time-Limited Price Change
WASHINGTON The U.S. Postal Service filed notice today with the Postal Regulatory Commission (PRC) regarding a time-limited price change to better align its costs of transportation with the market. This temporary price adjustment will provide needed flexibility for the Postal Service by helping to ensure that the actual costs of doing business are covered, as required by Congress.
While this price increase is a time-limited adjustment, it will provide a necessary bridge to a permanent mechanism to reflect market conditions in prices for competitive products that can support the Postal Services ability to achieve the universal service obligation in a more financially sustainable manner going forward.
The planned price change, which was approved by the Governors of the Postal Service on March 24, is an 8 percent increase that would affect base postage prices on the following retail and commercial domestic competitive products: Priority Mail Express, Priority Mail, USPS Ground Advantage, and Parcel Select. No other products or services would be affected, including First-Class Stamps. Pending favorable review by the PRC, the price change would go into effect at midnight Central Time on April 26 and would remain in place until midnight Central Time on Jan. 17, 2027. At that time, the Postal Service can determine if a different long-term approach is needed.
Transportation costs have been increasing, and our competitors have reacted with a number of surcharges. We have steadfastly avoided surcharges and this charge is less than one-third of what our competitors charge for fuel alone, so even with this change, the Postal Service continues to offer great value in shipping with some of the lowest rates in the industrialized world.
The time-limited price change is consistent with industry practices and will support the Postal Services ability to continue achieving its public service mission providing a nationwide, integrated network for the delivery of mail and packages at least six days a week in a cost-effective and financially sustainable manner over the long term, just as the U.S. Congress has intended.
The PRC will review the proposed price change before it is scheduled to take effect on April 26. Complete USPS price filings, with prices for all products, can be found on the PRC websites Daily Listings section at prc.arkcase.com/portal/filings. Price tables are also available on the Postal Explorer website at pe.usps.com/PriceChange/Index.
https://about.usps.com/newsroom/national-releases/2026/0325-usps-announces-transportation-related-time-limited-price-change.htm
Bombs started dropping 29 Feb, price hikes announced 25 Mar.
Does the USPS somehow know something is going to happen around Midnight, 17 January 2027 ? All I see is the new Congress being sworn in on 3 Jan, or later.
paleotn
(22,603 posts)But this is only the beginning of fuel surcharges and the like. Free shipping may be a thing of the past. At best we'll have to buy far more to get it than we did a few months ago. Simple economics. Even if the war ended tonight, it will be months to perhaps over a year before supply returns to some semblance of normality. A covid like supply chain disaster, with the possibility of permanently damaged oil and gas fields even if they are shutdown correctly, and billions in oil and gas infrastructure damage. It will take a long, long time to unravel all that.
We're just beginning to see fuel prices trickle through supply chains for every single thing we buy. Air travel is an early harbinger due to the direct link between ticket prices and jet fuel cost. Our food supply is essentially us eating oil. Nothing is planted, raised, harvested or transported without oil. So the price of diesel will show up on the grocery shelves. There's simply no other way around it. So much for all that bitching about egg prices back in 2024. That may seem quaint in the coming months.