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Stock impact report

Post office set to add 8% surcharge on packages in first-ever fuel fee [Yahoo! Finance]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: Yahoo! Finance
The proposal, approved by the USPS Board of Governors on Tuesday, is an 8 percent increase that would apply to Priority Mail Express, Priority Mail, USPS Ground Advantage and Parcel Select, according to a USPS news release shared Wednesday with The Independent. Letter mail, nor other products or services, including First-Class Stamps, would be affected. If approved by the Postal Regulatory Commission, the price change would take effect April 26 and remain in place until January 17, 2027, when USPS will reassess its long-term pricing strategy. The current shipping price for an item in a medium Priority Mail flat-rate box is $22.95, while will rise to $24.80. the Wall Street Journal reports. Regular mail under one ounce that uses a first-class mail stamp remains unchanged at $0.78. The surcharge on USPS packages, set at 8 percent, is expected to take effect in April and remain in place through January 2027 (Getty Images) While the move would be a first for the USPS, it's no Show less Read more
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