USPS ends discounts to shipping consolidators, likely raising consumer costs

The U.S. Postal Service is ending discounts for shipping consolidators, such as UPS and DHL, in an effort to shift money back to the agency. However, it will likely result in consolidators passing on the price increase to consumers.

The move will help USPS as it has dealt with an 80% drop in first-class mail since 1997 and amassed more than $87 billion in losses from 2007 through 2020, according to the Associated Press.