blog trackingweb statistics
×
In

November 12, 2026 / 6:07 PM EST / CBS News

\n\n

The U.S. Postal Service on Thursday said it will permanently raise postage rates next year to cover higher fuel costs.

\n\n

The USPS will make a temporary 8% surcharge on select postage prices, originally introduced in April, permanent in 2027, and also tack on a 3% price increase. The USPS Board of Governors, which oversees the agency's policies, approved the 11% hike, according to the USPS.

\n\n

The changes will take effect on Jan. 17, 2027.

\n\n

"The USPS governors believe these new rates will keep the Postal Service competitive while providing the agency with much needed revenue as it continues to struggle with financial issues," the agency said in a statement.

\n\n

The agency will reevaluate the surcharge in July 2027 based on fuel prices in the first half of the year.

\n\n

The USPS also said it would increase domestic shipping service costs by an average of 5.9% for Priority Mail service, Priority Mail Express, USPS Ground Advantage and Parcel Select.

\n\n

In addition, international rates will rise by an average of 7.9% for Priority Mail Express International, Priority Mail International, First-Class Package International Service and International Priority Airmail.

\n\n

Like other shipping and delivery…

Original source: https://www.cbsnews.com/moneywatch/

Leave a Reply

Your email address will not be published. Required fields are marked *

Author

seoexperts1994@gmail.com

Related Posts

In

Anthropic, OpenAI and other AI developers can’t control their own tech, new lawsuit alleges

November 12, 2026 / 5:12 PM EST / CBS News A coalition of nonprofit groups sued five major artificial intelligence developers on...

Read out all
In

Jensen Huang’s exit rocks Nvidia and creates openings for rival companies in AI boom

November 12, 2026 / 3:38 PM EST / CBS News The abrupt resignation of Nvidia CEO Jensen Huang raises questions about the...

Read out all
In

Nvidia sheds nearly $500 billion in value as Jensen Huang resigns

Updated on: November 12, 2026 / 5:03 PM EST / CBS News The shock resignation of Nvidia CEO Jensen Huang on Thursday...

Read out all
In

Timeline of a scandal: How Jensen Huang’s abrupt resignation unfolded at Nvidia

November 12, 2026 / 2:04 PM EST / CBS News Jensen Huang's departure from Nvidia caps a tumultuous week for the chipmaker,...

Read out all
In

Nvidia CEO Jensen Huang resigns in wake of affair with woman suspected of spying for China

Updated on: November 12, 2026 / 10:07 AM EST / CBS News Jensen Huang resigned as CEO of AI tech giant Nvidia...

Read out all
In

How pet insurance works: Deductibles, payouts, waiting periods and more

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. November 12,...

Read out all