READ FULL ARTICLE AT » www.ecommercebytes.com
Online sellers will pay more in January to ship packages under rates the USPS submitted to the Postal Regulatory Commission on Thursday. Sellers should also watch for changes to Non Standard Fees (up to $25!), and later in 2023, the US Postal Service will make a major change to First-Class Package Service (FCPS).
First, January 2023 rates in a nutshell: “Overall, Priority Mail service prices would increase approximately 5.5 percent, Priority Mail Express service prices would increase by 6.6 percent, and First-Class Package Service prices would increase by 7.8 percent.”
However, those are *Retail* rates (the rate you pay at the post office). The USPS pointed out that Priority Mail *Commercial* rates will increase by 3.6 percent, “well below the rate of inflation,” it noted. (Commercial rates are available to shippers who purchase shipping online. Note that Commercial prices will, on average, reflect a 20.1 percent discount off of Retail prices.)
