WASHINGTON, United States, March 26, 2026 (BSS/AFP) - The US Postal Service announced Wednesday an eight-percent rate increase for some retail and commercial products, with the "transportation-related" move coming as global oil prices spiral due to the war on Iran. The price increase will affect Priority Mail Express, Priority Mail, USPS Ground Advantage and Parcel Select services, the government-run agency said. The rate increase, which must be approved by the Postal Regulatory Commission, would be implemented April 26 and remain in place until January 17, 2027. "Transportation costs have been increasing, and our competitors have reacted with a number of surcharges," USPS said in a statement. Delivery giant UPS imposed a fuel surcharge in the United States on March 2, and Fedex also frequently updates its fuel surcharge based on US gasoline prices.

Source: Bangladesh Sangbad Sangstha March 26, 2026 10:59 UTC