
USPS Seeks 8% Rate Hike Amid Fuel Surge
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Soaring gas prices due to Middle East conflicts are causing a surge in shipping fees, with major carriers like FedEx, UPS, and DHL increasing prices through fuel surcharges and demand fees. The U.S. Postal Service, facing falling mail volumes and rising expenses, is seeking an eight percent temporary price increase on services to cover fuel costs and avoid insolvency.
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