USPS to Again Raise Prices for its Services

The United States Postal Service (USPS) announced a proposed 8 percent increase to base postage prices to help combat rising gas prices; however, the agency didn't indicate if the costs would improve its waning services/

Its planned increase, which would take effect April 26 and remain in place until Jan. 17, 2027, if approved, comes a week after Postmaster General David Steiner discussed the mailing agency's prolonged financial struggles and the dwindling use of mail among Americans.

"This temporary price adjustment will provide needed flexibility for the postal service by helping to ensure that the actual costs of doing business are covered, as required by Congress," the agency said in a news release, noting that its competitors have reacted to rising fuel prices with "a number of surcharges."

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