USPS 2014 Rate Hike to Impact Online Sellers
Like death and taxes, annual rate hikes from shipping carriers are a certainty. The only positive thing about them is that they occur after the holiday shopping season. This week, the other shoe dropped from the U.S. Postal Service as it announced rate hikes for Priority Mail and other shipping services. In September, the USPS asked for permission to raise market-dominant prices above the limit allowed (called an exigent request) as part of an emergency measure which it called necessary unless it received relief from Congress. On Wednesday, the Postal Service submitted rates for competitive products, which has no such limitation.