USPS To Hike Prices , for the Holiday Season.<br />The U.S. Postal Service (USPS) announced the temporary price increase via a statement on its website on Aug. 10.<br />The United States Postal Service filed notice today with the Postal Regulatory Commission (PRC) regarding a temporary price adjustment for key package products for the 2022 peak holiday season, USPS, via statement.<br />Price hikes range from 25 cents for commercial mail between zero and 10 lbs...<br />... to $6.50 for commercial mail between 26 and 70 lbs.<br />USPS states that the increase will be <br />added so that the peak season runs smoothly and keeps the USPS competitive.<br />This temporary rate adjustment is similar to ones in past years that help cover extra handling costs to ensure a successful peak season, USPS, via statement.<br />This seasonal adjustment will bring prices for the Postal Service’s commercial and retail customers in line with competitive practices. , USPS, via statement.<br />These temporary rates will keep USPS competitive while providing the agency with the revenue to cover extra costs in anticipation of peak-season volume, USPS, via statement.<br />The statement makes clear that the price hikes are temporary and not "structural.".<br />It also touts the standard pricing <br />and value offered by USPS.<br />The Postal Service has some <br />of the lowest postage rates in <br />the industrialized world and continues to offer great values <br />in shipping, USPS, via statement.<br />The agency also explains how it generates revenue to cover its operations.<br />The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations, USPS, via statement
