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USPS to Increase Prices, Establish Permanent Fuel Surcharge
USPS says the move would offset $225 million in higher transportation expenses and would not raise First-Class stamp prices.
- On Thursday, the United States Postal Service announced it is seeking approval for an 11% fuel surcharge on domestic Priority Mail and package deliveries, intending to make the fee permanent in January 2027.
- Sharply higher diesel prices, driven by the war in Iran, spiked alongside global oil costs, forcing the agency to increase the surcharge from the 8% fee introduced in April.
- Reporting a $6.5 billion loss for fiscal year 2026, the Postal Service noted that transportation expenses rose by $225 million due to rising fuel costs.
- While the agency awaits approval from the Postal Regulatory Commission, Postmaster General David Steiner confirmed it is not planning to increase First-Class stamp prices in January.
- Following the announcement, shares of competitors UPS Inc. and FedEx Corp. slipped less than 1% on Thursday, as the agency continues implementing a 10-year plan to restore profitability.
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USPS to Make Postage Fuel Surcharge Permanent in 2027 Amid Rising Diesel Prices
Internewscast Internewscast The U.S. Postal Service on Thursday announced plans to permanently increase postage… This Post: USPS to Make Postage Fuel Surcharge Permanent in 2027 Amid Rising Diesel Prices first appeared on Internewscast
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Total News Sources19
Leaning Left1Leaning Right3Center12Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
C 75%
R 19%
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