The U.S. Postal Service has revised prices for its Shipping Services. The rate changes went into effect on Sunday, Jan. 21, 2018. The price for Mailing Services went up by around 1.9 percent, and most USPS shipping prices saw an average increase of 3.9 percent.
USPS Shipping Rates Increasing
Priority mail cost also went up by five cents across the board, affecting everything from Flat Rate Envelope to Large Flat Rate boxes.
USPS Shipping Prices
Since the advent of the internet and eCommerce, the price of shipping has become a considerable expenditure for businesses of all sizes. But for small businesses offering free shipping in order to compete with large online retailers is a challenge. So anytime USPS shipping prices increase, small businesses take a hit to their bottom line.
Pitney Bowes, a supplier of global eCommerce solutions and shipping and mailing products, believes the changes mean small business shippers must begin thinking in new ways.
2018 USPS Priority Mail Rates
When a package is shipped via Priority Mail will arrive in 1-3 business days. This will depend on where the package starts and ends. Small businesses with eCommerce solutions use it because the packages can be tracked easily and they can be insured up to $50 for most shipments.
2018 USPS Priority Mail Flat Rate Prices
Many eCommerce businesses use the USPS Priority Mail Flat Rate boxes and envelopes because it simplifies shipping. The slogan of the service, “If it fits, it ships” pretty much says it all. The boxes are available for free, and for packages weighing up to 20 pounds 1-3 business days will cost you a flat rate to anywhere in the US.
2018 USPS First Class Package Service Rates
The USPS First Class Package Service (FCPS) is ideal for shipping packages under one pound. You can pay more if your customers want expedited shipping, but for those willing to wait an extra business day or two, it is the most cost-effective option.
U.S. Postal Service Photo via Shutterstock