Note that this price increase is not for letters - the post office just increased the cost of stamps in August (see below for more). 25, the US Postal Service will increase the cost to ship parcels from 25 cents to $5 depending on the delivery service you pick and the distance the parcel has to travel. How much have package prices changed with the seasonal increases?įrom Oct. The temporary rate hike is to cover extra handling costs the Postal Service said it expects to see starting the first week of October with the increase in holiday-related shipments. To help close a budget deficit the service has been running since 2007, the US Postal Service is taking a series of steps overseen by Postmaster General Louis DeJoy - some more controversial than others - to get its financial house in order. Why is the USPS raising prices on packages for the holidays? Here's what to know about the temporary price increases, including what kind of mail it applies to. And fortunately, not all first-class mail and packages will be impacted by the snail mail but the farther your package has to travel, the longer your loved one may have to wait. You'll most likely see adjusted postal rates in the future - twice a year going forward. The USPS started raising its postage prices this summer with stamps, envelopes and more. The rate increases and shipping delays are all part of the Postal Service's plan to stabilize its finances, which have taken a downward turn over the past decade, and the ongoing pandemic burdens. 26 - goes hand in hand with delivery slowdowns that began Oct. The seasonal price hike - which lasts till Dec. That's because the USPS has raised the price on shipping parcels throughout the holiday season. For the most up-to-date news and information about the coronavirus pandemic, visit the WHO and CDC websites.Īre you planning on sending holiday cards and gifts this year? If so, you should plan to send your gifts as early as possible and expect to pay more when using the US Postal Service.
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