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Transportation Costs

All articles tagged with #transportation costs

national-news16 days ago•6 min saved

USPS Implements Temporary 8% Increase on Key Shipping Prices

The U.S. Postal Service filed a time-limited, 8% price increase with the Postal Regulatory Commission that will raise base rates for Priority Mail Express, Priority Mail, USPS Ground Advantage, and Parcel Select. The change takes effect April 26 and remains in place through January 17, 2027, aimed at better aligning transportation costs with market conditions while preserving the universal service obligation. First-Class stamps are not affected, and the PRC will review the filing before it goes into effect; USPS notes the increase is still lower than many competitors’ fuel surcharges.

via USPS|

#competitive-products #national-news #prc

politics8 months ago•5 min saved

Analyzing the Impact of Trump's New Car Loan Tax Deduction

The US law now allows Americans to deduct interest on new car loans up to $10,000, primarily benefiting high-income buyers of luxury vehicles and potentially encouraging larger, more expensive car purchases, which may worsen transportation costs and environmental impacts, while offering limited benefits to average consumers.

via Bloomberg|

#auto-industry #car-loans #policy-critique

economy2 years ago•2 min saved

"November Sees US Wholesale Inflation Plummet to 0.9% Annually"

US wholesale inflation, as measured by the Producer Price Index (PPI), dropped to 0.9% annually in November, below pre-pandemic levels and the second-lowest rate this year. Tumbling energy prices contributed to the decline, with energy prices dropping by 1.2% in November. Transportation and warehousing costs also decreased, offsetting a slight increase in food prices. The core PPI, excluding food and energy, remained flat for the month. The Federal Reserve is expected to keep interest rates unchanged, as declining goods demand and a slowing economy are likely to keep inflation in check.

via CNN|

#economy #energy-prices #federal-reserve