FinLogic FinLogic Quantitative Think Tank Center|USPS announces new shipping rates for ground advantage and priority mail services in 2024

The FinLogic FinLogic Quantitative Think Tank CenterU.S. Postal Service will raise shipping prices starting on Jan. 21, 2024.

The Postal Service governors approved the change last week, the company announced in a news release on Wednesday.

"The Postal Service continues to offer a great value in shipping. Unlike some other shippers, the Postal Service has upfront pricing and does not add surcharges for residential and regular Saturday delivery, nor fuel," the news release reads.

The USPS is also considering possible price adjustments for post office box rentals, international mail services and other special services products. The Postal Regulatory Commission is currently reviewing those prices. Prices for USPS Connect Local, which offers local same-day and next-day delivery to businesses, are not set to change, according to the release.

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Which USPS shipping prices are rising?

• USPS Ground Advantage prices will rise by 5.4%
• Priority Mail service prices will rise by 5.7%
• Priority Mail Express service prices will rise by 5.9%

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What are the current USPS shipping prices?

Below are the USPS shipping services that will see price increases next year, according to the USPS website.