LSC Blog

PRC Approves USPS Temporary Price Increases for 2022 Peak Holiday Season

Written by Meaghan Dickinson | Sep 7, 2022 6:07:17 PM

The United States Postal Service filed notice on August 10 with the Postal Regulatory Commission (PRC) regarding a temporary price adjustment for key package products for the 2022 peak holiday season. This temporary rate adjustment is similar to the ones in 2020 and 2021 that anticipated heightened peak-season package and shipping demand, typically resulting in extra handling costs. The PRC approved that filing, on September 6, 2022.

The temporary pricing will affect prices on commercial and retail domestic competitive parcels – Priority Mail Express (PME), Priority Mail (PM), First- Class Package Service (FCPS), Parcel Select, USPS Retail Ground, and Parcel Return Service. The temporary rates will go into effect on Oct. 2, 2022, and remain in place until January 22, 2023. 

The planned price changes are shown in the table below:

 

The full notice can be found on the Postal Regulatory Commission website.