PRC Approves USPS Holiday Parcel Rate Increases
The Postal Regulatory Commission has approved USPS plans to temporarily raise commercial domestic parcel product prices in the fall.
The PRC notified the USPS pf its approval September 4 with the temporary increase in prices for commercial domestic parcel products, starting Oct. 18.
Retail prices for parcel products are unaffected.
The commercial price increases for Priority Mail Express, Priority Mail, First-Class Package Service (FCPS) and Commercial Parcel Select will take effect Oct. 18 at 12 a.m. Central time and continue until Dec. 27 at 12 a.m. Central time. After that, prices would revert to 2020 prices.
The planned price increases were approved by the USPS Board of Governors on Aug. 6.
Here are the current prices and temporary price increases:
• Parcel Select Destination Entry DDU: starts at $3.19 (current), 24 cents (temporary increase)
• Parcel Return Service: starts at $3.05 (current), 24 cents (temporary increase)
• Parcel Select Lightweight: starts at $1.81 (current), 24 cents (temporary increase)
• FCPS Commercial: starts at $2.74 (current), 25 cents (temporary increase)
• Priority Mail Commercial: starts at $7.02 (current), 40 cents (temporary increase)
• Parcel Select Ground: starts at $6.92 (current), 40 cents (temporary increase)
• Parcel Select DSCF: starts at $4.37 (current), 40 cents (temporary increase)
• Parcel Select DNDC: starts at $5.98 (current), 40 cents (temporary increase)
• Priority Mail Express Commercial: starts at $22.75 (current), $1.50 (temporary increase)
The temporary price adjustments are in response to heightened package volume due to the coronavirus pandemic, as well as expected increases in online shopping during the holidays.