US Snail Seeks Rate Hike

Source: US News & World Report

“The U.S. Postal Service is seeking a temporary 8% charge on certain popular products, including Priority Mail, to help blunt the impact of rising transportation costs. USPS filed notice on Wednesday with the Postal Regulatory Commission seeking the price increase, which would take effect on April 26 and remain in place until Jan. 17, 2027, pending final approval. … The notice comes as Postmaster General David Steiner has warned Congress that the Postal Service, which has seen letter volumes plummet, will run out of cash within a year unless lawmakers lift a decades-old cap and allow the independent agency to borrow more money.” (03/25/26)

https://www.usnews.com/news/us/articles/2026-03-25/usps-seeks-a-temporary-8-charge-on-priority-mail-and-other-products-to-offset-transportation-costs