Postal Service gets 8% parcel surcharge approval

The Postal Regulatory Commission has approved an 8% temporary surcharge for postal parcels. This price increase is intended to help the United States Postal Service offset escalating transportation costs. The decision allows the USPS to adjust its pricing to better reflect current operational expenses, particularly those related to fuel and logistics. This move could impact shipping costs for businesses and consumers alike, reflecting the ongoing challenges faced by the postal service in managing its network efficiently amidst rising operational expenditures.