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Shipping packages are going to cost more this holiday season US Postal Service New “temporary” costs were imposed.
As USPS notes, the Post Office is spending the money on the Santa season as part of its ongoing 10-year plan to “bring the organization back to financial sustainability.” Press release When it revealed its goals for the next decade in March 2021.
Over the summer, the USPS announced price increases for the holiday shipping season, affecting Priority Mail Express, Priority Mail, USPS Ground Advantage, and Parcel Select.
“The changes will help cover additional management costs and bring prices for the Postal Service’s commercial and retail customers in line with competitive practices,” USPS said in a statement. News article,
The price hike came into effect earlier this month and will remain in effect till January 18.
Retailers will now pay an increase ranging from a 40 percent increase to $16, depending on package service, package weight and delivery area, and regular Americans will now pay a 30 percent increase to $13 increase.
USPS said, “As a strategic part of the 10-Year Plan for Delivery for America, the temporary changes will help create a revitalized organization for the Postal Service that is able to achieve 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.”
USPS’ controllable deficit for the 2024 fiscal year was $1.8 billion, compared to more than $2.2 billion for the previous year.
chairman donald trump have floated Idea of Privatizing USPSDespite being enshrined in the Constitution.
In December 2024, the then-President-elect told reporters, “There’s talk about privatizing the Postal Service, you know this – it’s not the worst idea I’ve ever heard.”
“There’s a huge difference today between Amazon and UPS and FedEx and all those things that you didn’t have,” he said. “But there are discussions about it. It’s an idea that a lot of people have been interested in for a long time. We’re looking at that.”
