![]() USPS Priority Mail® Flat Rate boxes and envelopes have always been popular shipping services thanks to their simplicity, free packaging, and competitive rates-regardless of package weight or destination.There are a few factors to consider when sending a letter or package via first-class mail: weight, size, and shape. USPS does have to keep an edge in the game, and they’re doing so with some heavily competitive pricing for their Priority Mail® services. Why such a progressive increase? USPS stated in a 2021 report that it projected approximately $160 billion in losses over the next 10 years and hope to mitigate with at least 2 price increases per year until 2024.īut not all price changes are intensely hiked. The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office Box rental fees, money order fees and the cost to purchase insurance when mailing an item.2023 USPS First-Class Mail® Price Changes If your small business uses forever stamps or purchases postage directly through your local Post Office, this price hike could significantly affect your bottom line. “Favorably reviewed by the Commission,” USPS says their new rates increase First-Class Mail® by an average of 4.2%, but that average diminishes the real impact this will have on businesses. ![]() Read on for a full breakdown of the 2023 USPS price rates: New USPS Rates Effective January 22nd, 2023 Here’s everything you need to know about these price changes and what’s to come, but more importantly, what you can do to stay ahead. These new rate hikes went into effect on January 22, 2023, and there’s another expected price wave coming later this year.’ Barely 3 months had passed after a July 2022 price increase before another round of increases was proposed to the Postal Regulatory Commission in October 2022. It’s essential to stay updated on the latest postage rate price increases and other USPS announcements by visiting their official website or contacting local USPS branches.įor the second time in 6 months, USPS announced an increase in the prices of its service. The USPS remains committed to providing reliable, affordable, and efficient mailing and shipping services to individuals and businesses alike. Planning ahead, exploring alternative mailing and shipping options, and leveraging technology and automation can help mitigate the impact of these rate changes on businesses and consumers. Other USPS Services: In addition to First-Class Mail and Priority Mail, postage rate price increases also affected other USPS services, including media mail, parcel select, and special services like certified mail, registered mail, and others.Īs businesses and individuals rely on USPS services for their mailing and shipping needs, it’s crucial to stay informed about the latest postage rate price increases and adjust budgets and shipping strategies accordingly.It’s important for businesses and individuals sending mail or packages internationally to be aware of these changes and factor them into their shipping costs. International Shipping: International shipping rates have also been adjusted, with varying increases for different destinations and package types.The average rate increase for Priority Mail varies depending on the weight, distance, and type of package. Priority Mail: The rates for Priority Mail, a popular shipping option for businesses and individuals, also increased.Additional ounces for First-Class Mail letters remained unchanged at 20 cents per ounce. ![]()
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