It is learned that according to foreign media reports, the USPS (United States Postal Service) recently submitted a notice to the Postal Regulatory Commission (PRC) regarding temporary price adjustments for the 2022 holiday peak season. The USPS said the price change is similar to that in 2021, and after review by the PRC, the temporary rates will take effect on October 2 and last until January 22, 2023. USPS said in the announcement that customers will see an increase of 30 cents to $6 per package, depending on the weight of the package and the distance it is delivered. For example, the cost of flat rate mail or packages shipped by priority mail or priority mail express will increase by 95 cents; heavier packages shipped by first class package will increase by $5.85. USPS spokesman David Coleman said that with the arrival of the holiday season, the package volume will surge. The temporary rate adjustment will help the company pay for additional operating costs to ensure delivery efficiency during the peak season, while also allowing USPS to remain competitive. It is understood that the USPS has previously restructured its finances in an effort to slow down its $107 billion in overdue debt. On August 9, USPS Director Louis DeJoy said that without a significant adjustment in rates, the company will face a funding gap of $60 billion to $70 billion over the next decade. Editor ✎ Nicole/ Disclaimer: This article is copyrighted and may not be reproduced without permission. |
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