The U.S. Postal Service plans to raise the price of Forever stamps and other mailing services Sunday, pending federal approval.
The rising fuel costs amid the war in Iran mean it will cost you more to get packages delivered. Starting April 17, Amazon will apply new surcharges to its sellers. UPS, FedEx, and USPS have also added fuel surcharges to counter rising fuel costs.
The U.S. Postal Service is seeking a temporary 8% charge on certain popular products, including Priority Mail, to help blunt the impact of rising transportation costs.
USPS filed notice on Wednesday with the Postal Regulatory Commission seeking the price increase, which would take effect on April 26 and remain in place until Jan. 17, 2027, pending final approval.
The U.S. Postal Service will run out of cash within a year unless Congress lifts a decades-old cap and allows the agency to borrow more money, the new postmaster general warned in an interview.
The week before Christmas is traditionally the busiest week of the year for the USPS, which means procrastinators should expect to wait in line.