In the press release, the USPS explains that the changes are part of a decade long plan to revive the operation and recoup projected operating losses: However, the USPS rate changes were implemented earlier this year than the previous ones. As mentioned earlier, the Postal Service announces rate increases each year. The notice aimed to enact the changes by January 9, 2022. In November last year, the USPS filed a price change request to the Postal Regulatory Commission. In this article, you’ll learn all about the changes and their impact. They previously announced the USPS rate changes, which they imposed last January 9. Finding a carrier that offers reasonable pricing for efficient services is crucial to the business’s success.Įvery year, carriers, including the US Postal System, hike their rates to account for several inflation factors. Since it is the foundation of an eCommerce operation, transportation expenses take the biggest chunk of most retailers’ operational costs. It is the backbone of the industry and most consumers shop online for the sheer convenience of getting orders delivered to their doorsteps. Hopefully eBay can avoid the problems they had with overcharging for Standard Envelope when prices increased last August.Shipping and logistics play a crucial role in running an eCommerce business. Signature confirmation will increase $0.20ĮBay standard envelope new rate structure: Rate increases for Domestic and International outbound insurance Priority Mail will now include $100 of insurance free of charge (previously $50 of insurance was provided for free) Media Mail rates will increase by an average of 9%įirst Class Mail (1 oz.) letter rates will increase two cents to $0.60 from $0.58įirst Class Mail International (1 oz.) letter rates will increase ten cents to $1.20 from $1.30 While USPS has posted average increases, please remember the actual change in the rate depends on the weight and zone. We continuously work closely with our carrier partners to provide you with the best shipping rates on eBay Labels. While First Class Mail rates are increasing, this does not impact rates for First Class Package and most eBay shipments will not see an increase in cost. USPS rate increases go into effect July 10, 2022, and for your convenience, we’re providing a summary of some of the most relevant changes below. Rather than using the distance between origin and destination plants, the Postal Service will use the distance between 3-digit ZIP Codes to determine zone on July 10, 2022.ĮBay put out a reminder to sellers about the upcoming USPS increase and importantly noted there will also be an increase for eBay Standard Envelope Service. USPS is also updating the way the distance between origin and destination ZIP Codes is calculated to determine zone assignment. One bit of good news is Priority Mail Outboard Insurance will now include coverage up to $100 free of charge (previously $50). While it wasn't specifically called out in the official USPS press release quoted above, the 221 page Notice of Price Change document also shows an almost 9% increase in Media Mail rates. If favorably reviewed by the PRC, those new prices can be summarized as follows: The proposed price and classification changes, approved by the Postal Service Governors, extend cubic rates to Priority Mail Commercial Base and introduce cubic rates for Parcel Select Ground® packages up to 1 cubic foot. The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office Box™ rental fees, Money Order fees and the cost to purchase insurance when mailing an item. The new First-Class Mail prices can be summarized as follows: USPS rate changes are coming July 10th with impacts to market dominant products, competitive products and international special services. Liz Morton ~ Founder Published: Updated: Jun 27 2022
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