The United States Postal Service (USPS) has once again increased the price of stamps, adding to a series of recent hikes as the agency struggles with substantial financial losses.
Americans will now pay more to mail a letter, as the cost of stamps rose effective July 13. The price increase has long been anticipated, with discussions dating back to April, indicating the USPS’s need to address its financial challenges.
The agency has reportedly lost over $100 billion since 2007, including $9.5 billion in the fiscal year ending September 30, 2024. These financial struggles have put pressure on the USPS, which has faced calls for privatization and scrutiny from the former administration of President Donald Trump. Currently, the USPS is in search of a new permanent leader after the resignation of Postmaster General Louis DeJoy in March.
The USPS has not yet commented on the recent changes, despite efforts by Newsweek to obtain a statement.
The latest rate hike impacts millions of Americans who depend on the USPS for personal and business correspondence. Serving nearly 169 million addresses, the USPS handles a larger volume of mail and packages than any postal service worldwide.
Unfortunately, this is not the first increase that customers have had to endure. The USPS has already raised rates several times since 2020, sparking public backlash. The recent hike marks the seventh increase since then, with a previous rise occurring in January 2025 and now another this week.
According to the USPS website, the agency continues to be the leading mail carrier in the United States, despite its ongoing financial tribulations.
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