The price to ship a small flat-rate box was raised
to $7.90, from $7.20, while a large flat-rate box was raised by more
than $1 to $19.95.
Priority
Mail Express prices rose by 3.9 percent, while Priority Mail
increased 5.9 percent – those prices aren’t adjusted in line with
inflation, but rather with perceived market conditions. First-class mail
prices rose by 10 percent.
The hikes come as
the Postal Service recorded a net loss of $3.9 billion during fiscal
2018, which is an increase of more than $1 billion over the losses it
suffered in 2017. Overall volume declined by 3.2 billion pieces, which
includes a 3.6 percent decline in first-class mail volume – its main
source of revenue.
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