USPS® Proposes Temporary Price Increase That Affects Commercial Parcels
On August 14, 2020 the USPS® filed notice with the PRC (Postal Regulatory Commission) of a temporary price increase for USPS® Commercial Parcels effective October 18, 2020 – December 27, 2020. This temporary increase does not affect any metered mail rates or international rates.
Affected Commercial domestic “competitive price category” parcels: First-Class® Package Service, Priority Mail®, Priority Mail® Express, Parcel Select and Parcel Return Service.
This temporary price increase is in response to increased expenses and heightened demand for online shopping package volume due to the Coronavirus (COVID-19) pandemic and holiday shipping.
Retail and metered mail customers will be unaffected; this only applies to commercial shippers who have access to CBP or CPP (Commercial Rates).
Proposed Changes – Highlights
|Postal Product||Current Price||Proposed Increase|
|First Class Package Service||$2.74||$0.25|
|Priority Mail© Commercial||$7.02||$0.40|
|Priority Mail© Express||$22.75||$1.50|
|Parcel Select Ground*||$6.92||$0.40|
|Parcel Select Lightweight||$1.81||$0.24|
*Some rate cells will be charge less than $0.40 so as not to exceed USPS® Retail Ground retail prices
A full list of commercial pricing can be found on the Postal Service’s Postal Explorer website:
Please note that the USPS® is one of the largest shippers in the world with 6.2 billion packages shipped last year and was rated one of the most essential companies during the COVID-19 pandemic height. The USPS® Board of Governors believe that the temporary price increase will still provide shippers with competitive pricing while providing the agency with much needed revenue.
Anticipated approval will be 30 days prior to the effective date of October 18, 2020.
FP will continue to provide updates as soon as they are released by the USPS®. To access the most updated rate change information, visit FP’s Rate Change Page.
Amanda Fletcher is the Manager of Marketing and Communications at FP Mailing Solutions. She has been in the mailing industry with FP for over 6 years. She is passionate about good pizza, running and quality family time.