US Postal Service plans holiday price hikes for 3rd straight year

(CNN) - The U.S. Postal Service plans to raise the prices during the peak holiday season for the third year in a row.

The postal service said the temporary price increase on a variety of mail services would offset rising delivery costs.

The increases will range from 25 cents to $6 per package.

They will cover individual and business mailings for priority mail, priority mail express and first-class package service.

They would go into effect on Oct. 2 and last through Jan. 22.

The postal regulation commission has to give the green light for the higher rates to go into effect.

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