Tag

Fuel Surcharge

All articles tagged with #fuel surcharge

business2 days ago•2 min saved

Postal Service Hikes First-Class Stamp to 82 Cents Amid Cash Crunch

The U.S. Postal Service proposed across-the-board price hikes, including raising First-Class Forever stamps from 78 to 82 cents (effective July 12) and a 4.8% overall increase if approved, as USPS warns of a severe financial crisis and cash exhaustion by February 2027; the plan also includes an 8% fuel surcharge for package/express deliveries and measures like suspending employer contributions to Federal Employees Retirement System annuities to maintain operations, with declining mail volume driving the strain.

via CNBC|

#business #financial-crisis #first-class-mail

business17 days ago•1 min saved

USPS Imposes 8% Fuel Surcharge on Packages Through Jan 17, 2027

The U.S. Postal Service will add its first-ever 8% fuel surcharge on Priority Mail Express, Priority Mail, USPS Ground Advantage and Parcel Select packages, effective 26 April 2026 and lasting until Jan 17, 2027, to offset rising energy costs. USPS says the surcharge is lower than what competitors charge and that it will still offer value, but the postmaster general warns the agency could run out of funds within a year unless Congress expands its borrowing authority.

via The Guardian|

#business #energy-costs #fuel-surcharge

business17 days ago•3 min saved

USPS seeks temporary 8% surcharge on parcel deliveries to cover rising fuel costs

The U.S. Postal Service is asking the Postal Regulatory Commission to approve an 8% temporary fuel surcharge on Priority Mail Express, Priority Mail, USPS Ground Advantage, and Parcel Select to cover rising transport costs from higher oil prices linked to the Iran conflict; if approved, it would take effect April 26 and run through January 17, 2027, with First-Class stamps unaffected, and USPS notes the charge would be less than a third of what rivals charge.

via CNBC|

#business #fuel-surcharge #oil-prices