USPS Seeks Package Shipping Price Hike

The U.S. Postal Service (USPS) has proposed raising the cost of its parcel select service in January 2019, boosting the price for packages weighing over one pound by 9.3% and lighter packages by 12.3%, according to CNBC. The agency also may raise the price for priority mail services.

While these increases will not affect holiday 2018, shipping costs and logistics are still a major concern during this season: 54% of retailers say driving sales on Cyber Monday is more important to their company than Black Friday, according to a survey by RetailMeNot. Retailers looking to maximize conversions on that day should keep in mind that 60% of shoppers said they…