WASHINGTON - The U.S. Postal Service on Friday said it is seeking an average 25% price hike for high-volume shippers to enter packages for regional delivery through its Parcel Select service.
On Wednesday, a bipartisan group of 26 U.S. senators urged USPS to pause planned further consolidation to its processing and delivery network, warning it could slow mail deliveries. On Thursday, U.S. Postmaster Louis DeJoy said "this massive and complex evolution includes correcting for decades of haphazard decision making and neglect to our physical infrastructure network."USPS has been raising stamp prices twice yearly and has said it expects its "new pricing policy to generate $44 billion in additional revenue" by 2031.
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