washington, dc: usa. uu. The Postal Service filed a notice with the Postal Regulatory Commission (PRC) today about price changes for shipping services that will take effect on January 1. 9, 2022.
The proposed prices, approved by postal service governors, would increase shipping service product prices by approximately 3.1 percent for priority mail service and 3.1 percent for express mail service. priority mail. price adjustments for shipping services vary by product. Although price increases for mail services are based on the consumer price index, prices for shipping services are adjusted primarily according to market conditions. Governors believe these new rates will keep the postal service competitive and provide the agency with needed revenue.
If the People’s Republic of China reviews favorably, the new prices will include an increase in the price of a small flat-rate box to $9.45. the medium flat rate box would increase to $16.10, the large flat rate box would decrease to $21.50 and the apo/fpo large flat rate box price would decrease to $20.00. Regular Flat Rate Envelopes, Legal Flat Rate Envelopes and Padded Flat Rate Envelopes would increase to $8.95, $9.25 and $9.65 respectively.
The proposed changes to the Domestic Priority Mail Flat Rate retail price are:
The postal service has some of the lowest postage rates in the industrialized world and continues to offer great value on shipping. Unlike other shippers, the postal service does not add surcharges for residential delivery or regular Saturday delivery.
the prc will review the prices before they come into effect. The Postal Service’s complete price filings with prices for all products can be found on the PRC site in the daily listings section at prc.gov/dockets/daily. For the presentation of shipping services, see file no. cp2022-22. Price change tables are also available on the Postal Service’s Postal Explorer website at pe.usps.com/pricechange/index.
The filing also included pricing to support USPS Connect, a suite of affordable package delivery solutions for businesses that the postal service hopes to launch in 2022, if it reviews favorably.
In addition, the postal service is also supporting the mail by seeking approval of two mail products focused on local communities. First, after a 2-year market test, the postal service requests the establishment of a permanent product plus one that will provide additional marketing options for businesses to reach local customers using the mail. Building on the USPS Connect pilot program, the Postal Service is requesting market test approval for a new USPS Connect local mail product that will provide the ability to send documents within local communities for self/delivery. next day.
With full implementation, the postal service’s 10-year delivery plan for america is designed to reverse projected operating losses of $160 billion over the next 10 years. The plan’s growth and efficiency initiatives, including the proposed price changes, along with the necessary legislation, should allow the postal service to make investments totaling approximately $40 billion over the next 10 years to modernize and improve our infrastructure to make it more efficient and responsive to service.
The postal service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to finance its operations.
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