From Dallas Express · Dallas Express · · 1m 10s
USPS Proposes 5.9% Shipping Price Hike
USPS seeks 5.9% shipping price increase after $6.5 billion loss.
In brief
USPS seeks 5.9% shipping price increase after $6.5 billion loss. USPS proposed a 5.9% average increase in domestic package shipping prices and a permanent 11% fuel surcharge to address a $6.5 billion fiscal year loss. Originally reported by Dallas Express.
USPS Proposes Price Increase
USPS proposed an average 5.9% increase in domestic package shipping prices and a permanent fuel surcharge for 2027.
Fiscal Year Loss Reported
USPS reported a $6.5 billion net loss for the fiscal year ending September 30, down from $9 billion a year earlier.
Fuel Surcharge Details
USPS wants to convert the temporary 8% transportation charge into a permanent 11% fuel surcharge, excluding international products.
Implementation Timeline
The changes will take effect on January 17, 2027, after regulatory review by the Postal Regulatory Commission.
Impact on Shipping Volumes
USPS handled 359 million fewer pieces in shipping, a 5.3% decline, despite a 5.1% rise in shipping and package revenue.
Fiscal Year Financials
Operating revenue climbed 3% to $82.9 billion, but operating expenses reached $89.4 billion.
The takeaway
USPS proposed a 5.9% average increase in domestic package shipping prices and a permanent 11% fuel surcharge to address a $6.5 billion fiscal year loss.
