USPS to Raise Shipping Rates 3.4 Percent, Rules Out Dimensional Pricing

The U.S. Postal Service has proposed a 3.4 percent average price increase for its competitive shipping products from April 26, 2015. The submission to regulators said prices would increase 8 percent for the bulk ground shipping product Parcel Select, while the service formerly known as Standard Mail commercial parcels, now Parcel Select Lightweight, will see rates increase by 9.8 percent.

But in a bid to take market share from private sector rivals FedEx and UPS, the Postal Service said it would be keeping its domestic Priority Mail and Priority Mail Express shipping rates the same—both for retail and business customers.