Executive Briefings

USPS Requests Parcel Rates Increases for 2017

The U.S. Postal Service has filed notice with the Postal Regulatory Commission (PRC) of price changes for shipping services products to take effect next year, following the end of the holiday mailing season. The filing does not include any price increase for First-Class Package International Service, Priority Mail Express International and Priority Mail International.

USPS Requests Parcel Rates Increases for 2017

The average shipping services price change is 3.9 percent, which results in an average shipping price of less than $5 per shipment across all shipping products.

The new prices, if approved, represent a price increase in Priority Mail by 3.9 percent and an average of 3.3 percent in Priority Mail Retail prices. This compares to general rate increases (GRI) of 4.9 percent for both UPS and FedEx, taking effect Dec. 26 and Jan. 2, respectively.

The PRC will review the prices before they are scheduled to take effect Jan. 22, 2017.

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The average shipping services price change is 3.9 percent, which results in an average shipping price of less than $5 per shipment across all shipping products.

The new prices, if approved, represent a price increase in Priority Mail by 3.9 percent and an average of 3.3 percent in Priority Mail Retail prices. This compares to general rate increases (GRI) of 4.9 percent for both UPS and FedEx, taking effect Dec. 26 and Jan. 2, respectively.

The PRC will review the prices before they are scheduled to take effect Jan. 22, 2017.

Read Full Article

USPS Requests Parcel Rates Increases for 2017