In the press release, the USPS explains that the changes are part of a decade long plan to revive the operation and recoup projected operating losses:
However, the USPS rate changes were implemented earlier this year than the previous ones. As mentioned earlier, the Postal Service announces rate increases each year. The notice aimed to enact the changes by January 9, 2022. In November last year, the USPS filed a price change request to the Postal Regulatory Commission. In this article, you’ll learn all about the changes and their impact. They previously announced the USPS rate changes, which they imposed last January 9. Finding a carrier that offers reasonable pricing for efficient services is crucial to the business’s success.Įvery year, carriers, including the US Postal System, hike their rates to account for several inflation factors. Since it is the foundation of an eCommerce operation, transportation expenses take the biggest chunk of most retailers’ operational costs. It is the backbone of the industry and most consumers shop online for the sheer convenience of getting orders delivered to their doorsteps. Shipping and logistics play a crucial role in running an eCommerce business.
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