USPS proposes price increase for peak holiday season
(Gray News) - You could see a temporary price increase when you mail packages and letters this fall.
According to the United States Postal Service, the temporary rates would be effective during the peak holiday season, Oct. 3-Dec. 26, pending favorable review by the Postal Regulatory Commission.
The proposed holiday surcharge would help offset anticipated rising delivery costs.
The planned price increases could range from $0.30 to $5, depending on the product and zone.
This proposed surcharge is part of the Postal Service’s “Delivering for America” 10-year plan that aims to recoup a projected $160 billion in losses over the next 10 years.
The USPS generally relies on the sale of postage, products and services to fund its operations.
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