As of yesterday, the price of a Forever Stamp has increased to 78 cents, marking a 7% hike. The USPS is raising rates for several domestic shipping services, including Priority Mail service (6.3%), USPS Ground Advantage (7.1%), and Parcel Select (7.6%). Certain services will remain at the same rate. The increase in prices is aimed at funding technological upgrades, modernization, staffing, and customer service improvements. The USPS continues to experience financial losses despite implementing a 10-year sustainability plan.
The price of a Forever Stamp has increased to 78 cents, representing a 7% hike. Rates for various domestic shipping services are also going up.
USPS is increasing Priority Mail service rates by 6.3%, USPS Ground Advantage by 7.1%, and Parcel Select by 7.6%.
The USPS attributed rate increases to funding for technological upgrades, modernization, staffing, and improvements in customer service.
The USPS has recently faced frequent rate hikes and reported a net loss of $9.5 billion in 2024, continuing a trend from previous years.
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