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Postal Service to implement first-ever fuel surcharge amid mounting fuel costs, financial challenges

The U.S. Postal Service is reportedly planning to impose a fuel surcharge on package deliveries for the first time in the agency's history amid surging fuel costs.The Wall Street Journal reported that the Post Service is planning an 8% surcharge beginning in April and that the agency plans to phase it out in January 2027, according to two people familiar with the matter.According to the report, the fuel surcharge will only apply to packages and won't affect letter mail.The move comes as both FedEx and UPS have longstanding fuel surcharges that have been increased in recent weeks as oil prices...