The US Postal Service (USPS) has introduced that it’s going to delay deliberate value will increase for mail providers till at the least July 2025. This determination comes after important public backlash to the proposed price hikes, which had been set to take impact in January 2023.
The USPS has been dealing with monetary challenges in recent times, as the amount of mail has declined as a result of rise of digital communication. The proposed value will increase had been meant to assist the USPS offset these losses and make sure the continued viability of the postal service. Nonetheless, many critics argued that the speed hikes would place an undue burden on shoppers and companies, particularly throughout a time of financial uncertainty.