USPS proposes Peak Season temporary rate adjustments

The United States Postal Service (USPS) has filed notice with the Postal Regulatory Commission (PRC) regarding a temporary price adjustment for key package products for the 2022 peak holiday season.

In a statement posted on its website on Wednesday (10 August), USPS said this temporary rate adjustment is similar to ones in past years that help cover extra handling costs to ensure a successful peak season.

The planned peak-season pricing, which was approved by the Governors of the Postal Service on 9 August, would affect prices on the following commercial and retail domestic competitive parcels: Priority Mail Express (PME), Priority Mail (PM), First-Class Package Service (FCPS), Parcel Select and USPS Retail Ground.

International products would be unaffected.

Pending favourable review by the PRC, the temporary rates would go into effect at 12 a.m. Central on 2 October and remain in place until 12 a.m. Central 22 January 2023.

USPS added: “This seasonal adjustment will bring prices for the Postal Service’s commercial and retail customers in line with competitive practices. No structural changes are planned as part of this limited pricing initiative.”

The PRC will review the proposed prices before they are scheduled to take effect on 2 October.

Click here to view full details of the planned price changes.

A full list of commercial and retail pricing can be found on the Postal Service’s Postal Explorer website at  https://pe.usps.com/text/dmm300/Notice123.htm