Are USPS rates going up in 2021?

The United States Postal Service (USPS) announced in early November that it will be raising shipping rates for packages in 2021. The proposed increase will be between 2.9% and 3.

9%, depending on weight. This change comes as the USPS is facing an expected $5 billion budget shortfall in the next decade.

There are a few factors that led to this decision. One is that the USPS is facing increased competition from online retailers, who are able to ship their products at lower prices.

Additionally, the USPS is expected to incur increased costs from the retirement of the mail carrier fleet and from the increasing use of drones for package delivery.

The USPS has not yet announced how the proposed increase will be applied to different mailing classes. However, the change is likely to impact packages that weigh more than 2.

3 pounds, and it is possible that the increase will be applied to all mailing classes.

The proposed increase has raised some concerns among consumers. Some are worried that it will make it more difficult for them to buy products online and have them delivered to their homes.

Others are concerned that the increased shipping costs will lead to higher prices for products that are shipped through the USPS.

Overall, the USPS is likely to raise shipping rates again in the future. This proposed increase is just one of many that the USPS has announced in recent years, and it is likely that the rate increase will be applied to other mailing classes in 2021 as well.

In the long run, the increased costs that the USPS is facing could lead to higher shipping rates for all consumers.

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