US Postal Service Announces Temporary Rate Adjustment for Peak Holiday Season



The United States Postal Service filed a notice with the Postal Regulatory Commission (PRC) about a temporary price adjustment for key bundle products for the 2022 peak holiday season. The adjustment is similar to those in previous years that help cover additional handling costs to ensure a successful peak season.

The planned peak season price, which was approved by the Governors of the Postal Service on August 9, would affect the prices of the following national commercial and retail competitive packages:

– Priority Mail Express (PME)
– Priority Mail (PM)
– First-Class Package Service (FCPS)
– Parcel Select
– USPS Retail Ground

International products would not be affected. Pending a favorable review by the People’s Republic of China, the temporary tariffs would take effect at 12 a.m. Central Time on October 2 and will be in effect until January 22, 2023.

In a statement, the postal agency indicates that this seasonal adjustment will bring prices for business and retail customers in line with competitive practices and that no structural changes are planned as part of this capping pricing initiative.

The Postal Service ensures that has some of the lowest postal rates in the world and that these temporary rates will keep the USPS competitive and, at the same time, provide the agency with the revenue to cover additional costs in anticipation of peak season volume.

Planned price changes include:

Priority Mail and Priority Mail Express:

Commercial:
Increase of $0.75 for PM and PME Flat Rate Boxes and Envelopes.
$0.25 increase for Zones 1-4, 0-10 lbs.
$0.80 increase for Zones 5-9, 0-10 lbs.
$0.75 increase for Zones 1-4, 11-25 lbs.
$2.80 increase for Zones 5-9, 11-25 lbs.
$3.00 increase for Zones 1-4, 26-70 lbs.
$6.50 increase for Zones 5-9, 26-70 lbs.

Retail sale:
Increase of $0.95 for PM and PME Flat Rate Boxes and Envelopes.
$0.30 increase for Zones 1-4, 0-10 lbs.
$1.00 increase for Zones 5-9, 0-10 lbs.
$0.95 increase for Zones 1-4, 11-25 lbs.
$3.20 increase for Zones 5-9, 11-25 lbs.
$3.25 increase for Zones 1-4, 26-70 lbs.
$6.45 increase for Zones 5-9, 26-70 lbs.

First Class Package Service, Parcel Select Ground, and USPS Retail Ground:

Commercial:
$0.25 increase for Zones 1-4, 0-10 lbs.
$0.40 increase for Zones 5-9, 0-10 lbs.
$0.75 increase for Zones 1-4, 11-25 lbs.
$1.60 increase for Zones 5-9, 11-25 lbs.
$3.00 increase for Zones 1-4, 26-70 lbs.
$5.50 increase for Zones 5-9, 26-70 lbs.

Retail sale:
$0.30 increase for Zones 1-4, 0-10 lbs.
$0.60 increase for Zones 5-9, 0-10 lbs.
$0.95 increase for Zones 1-4, 11-25 lbs.
$2.70 increase for Zones 5-9, 11-25 lbs.
$3.25 increase for Zones 1-4, 26-70 lbs.
$5.85 increase for Zones 5-9, 26-70 lbs.

For more details on commercial and retail pricing, go here.

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Source-eldiariony.com