- The U.S. Postal Service plans to increase prices on various shipping services on Jan. 19, 2025, according to a Friday news release.
- The rate increases will support ongoing investments in the Postal Service’s network, per the announcement. Impacted products include Ground Advantage, Priority Mail, Priority Mail Express and Parcel Select.
- The agency’s board of governors believes the higher rates will keep the delivery provider competitive while providing it “with needed revenue,” according to the announcement. The Postal Service’s operating revenue increased 1.7% year over year to $79.5 billion in fiscal year 2024, but it posted a $9.5-billion net loss.
U.S. Postal Service rate hikes planned for Jan. 19, 2025
Service | Rate increase |
---|---|
Connect Local | 5.4% |
Ground Advantage (average) | 3.9% |
Ground Advantage (retail) | 4.9% |
Ground Advantage (commercial) | 3.2% |
Parcel Select (average) | 9.2% |
Parcel Select (delivery unit entry) | 10.3% |
Parcel Select (hub entry) | 0% |
Parcel Select (sectional center facility entry) | 7.1% |
Parcel Select (network distribution center entry) | 9.7% |
Priority Mail | 3.2% |
Priority Mail Express | 3.2% |