The Governors believe these new rates will keep the Postal Service competitive while providing the Postal Service with needed revenue.
Although Mailing Services price increases are based on the consumer price index, Shipping Services prices are primarily adjusted according to market conditions. The proposed prices, which have been approved by the Postal Service Board of Governors, would raise Shipping Services product prices approximately 3.1 percent for Priority Mail Service, and 3.1 percent for Priority Mail Express Service. The requested rate change is part of the Postal Service's balanced approach to achieve financial sustainability and service excellence as laid out in our "Delivering for America" 10-year plan. The Postal Service is also requesting PRC approval for two mail products focused on local communities.
Breaking News received yesterday from USPS Headquarters:Īs a matter of general interest, the Postal Service filed notice with the Postal Regulatory Commission (PRC) today of price changes for shipping services to take effect January 9, 2022.
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