USPS works to implement first-of-its-kind surcharge due to Iran War

• The United States Postal Service (USPS) plans to introduce its first-ever fuel surcharge on package deliveries, an 8% increase approved by its Board of Governors.
• This surcharge will apply to services including Priority Mail Express, Priority Mail, USPS Ground Advantage, and Parcel Select, but will not affect letter mail or First-Class Stamps.
• If approved by the Postal Regulatory Commission, the price change will take effect on April 26 and remain until January 17, 2027, to offset surging fuel costs.
• USPS states its proposed charge is significantly lower than those of competitors like FedEx and UPS, which commonly use fuel surcharges.
• The move comes as USPS faces significant financial challenges, with the Postmaster General warning of potential insolvency and the agency also seeking to raise stamp prices.

IN FULL

Post office set to add 8% surcharge on packages in first-ever fuel fee