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January 21, 2024 Postage Rate Increase & the Impact on Order Fulfillment

Updated: May 23

Box with Shipping Label

The USPS has announced a postage rate increase, which is set for Sunday, January 21, 2024.

 

Unlike last year, when we were able to avoid increases in costs by switching to the Post Office’s new Ground Advantage option or using the Flat Rate packaging options that didn’t see big increases, this increase will be felt by with your eCommerce fulfillment using the USPS for shipping.

 

Here are some of the basics:

  • The First-Class Stamps will increase from $0.66 to $0.68.

  • The postcard rate is increasing to $0.53.

  • Rates for First-Class large letters are also increasing 3%.

  • Ground Advantage rates are increasing by 5.4%.

  • Priority Mail rates are increasing by 5.7%.

  • Priority Express Mail rates are increasing 5.9%.

  • Media Mail rates are increasing 4.2.

  • Flat Rate packaging prices are also increasing. For example, the cost at the Post Office for a Medium Flat Rate Padded envelope is going from $17.10 to $18.40.

  • Marketing Mail is also seeing an increase of 1.333% for letters and 3.966% for large letters (flats).

 

These postage rate increases are always an excellent time to take a look at how you are shipping your orders and assess what other options are available. I recently spoke with a small Shopify eCommerce company. They were shipping all of their product in poly mailers and it was generally costing them $10 to $14 per order to ship. We took a look at their product and with our recommendations, they were able to switch to a Flat Rate option that brought their shipping costs under $10 an order.

 

We would love to offer our order fulfillment expertise to you as well. Please give us a call at (720) 486-2101 or email us at info@KeyFulfillmentSolutions.com to set up a time to discuss ways to save on shipping costs. We also have tons of suggestions for saving on postage on our Instagram and Facebook.

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