As we start 2016, there’s good news and not-so-good news regarding domestic postal rate increases.
First some good news
However, effective January 17, 2016, Priority Mail sees a bump
Other 2016 postage rate increases include:
During 2016, Parcel Select Nonpresort is being renamed as Parcel Select Ground. And Standard Post will be renamed Retail Ground this year, as well.
The average shipping cost is increasing 9.5% in 2016, which translates to about $5.50 per shipment.
Priority mail – any package under 70 pounds with three days – is increasing by a 9.8% average. That’s roughly $6.80 to $18.75, depending on the size of the box being shipped.
The price hikes are the first Priority Mail has seen in three years, and have been delayed until after the holiday season. These USPS rate hikes come a day after UPS announced an almost 5% rate increase. A full list of rate changes can be found at the USPS website.tags: first class mail, news, postage, postage rate increase, postage rates, priority mail, USPS