Yup! I use the $5 flat rate mailers for ratchets and wrenches. But I tie wrap them all in place onto some cardboard to keep them from shifting around and reinforce any place they might break through. I also try to reinforce the mailer with some packing tape but my local post offices are pretty strict aboiut just how much I can get away with. They've called me out on that several times in the past. Some of the stuff I buy off ebay amazes me it even arrived! I had a package arrive once with the entire ratchet handle hanging out of the package.
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Even better, there were three different sets of wrapping so the big wrenches could make a hole and the little ones could easily fall out.