The US Postal Service (USPS) has introduced that it’ll delay deliberate value will increase for mail providers till a minimum of July 2025. This resolution comes after vital public backlash to the proposed fee hikes, which have been set to take impact in January 2023.
The USPS has been going through monetary challenges lately, as the amount of mail has declined as a result of rise of digital communication. The proposed value will increase have 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 customers and companies, particularly throughout a time of financial uncertainty.