The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.

The price change, approved by the Governors of the Postal Service on March 24, is designed to better align the agency’s transportation costs with market conditions and will not affect any other products or services, including First-Class Stamps, according to a press release from USPS.

The U.S. Postal Service is seeking to add its first-ever fuel surcharge on packages — an 8% increase — as oil and diesel prices surge. Why it matters: The Iran war is now pushing up shipping costs — and retailers and consumers are next in line to feel it.

Starting April 26, shipping parcels through the postal service will cost 8 percent more, with many retailers expected to pass the increase to customers

The US Postal Service will impose a surcharge to offset rising fuel costs, people familiar with the matter said, a sign that the beleaguered mail carrier is feeling the strain of higher oil prices as the war in Iran continues.

BINGHAMTON, N.Y. (WBNG) -- A temporary 8% increase on several United States Postal Service (USPS) shipping products will go into effect on April 26. The increase is tied to transportation-related costs. USPS says this is not a fuel surcharge, and first-class stamp prices are not affected.

The United States Postal Service is raising their prices in response to rising gas prices due to the War with Iran.

(NEXSTAR) – The U.S. Postal Service has outlined its plans for “new competitive prices” on shipping services. In a proposal filed earlier this month, USPS proposed price increases for Priority Mail, Priority Mail Express, USPS Ground Advantage and ...

The U.S. Postal Service faces massive losses and may run out of money next year, prompting a congressional hearing and debate over its priorities.