PMG statement on PRC 10-year rate review findings

December 01, 2017

“The Postal Service agrees with the conclusion of the Postal Regulatory Commission that the current CPI price cap does not work and needs to be changed, because it does not enable us to achieve our mission of providing prompt, reliable, and efficient universal postal services to the American people in a financially sustainable manner.

We are analyzing the Commission’s alternative price cap proposal to determine the extent to which it advances this goal. We continue to believe that any price cap is unnecessary in the rapidly evolving postal marketplace, for which all of our customers have alternatives to using the mail.

We seek a regulatory system that gives the Postal Service the flexibility to adopt the pricing innovations that will be critical to our ability to compete in the marketplace and to create business value for our customers both today and in the future, and we will continue to work with the Commission and our customers to ensure that the mail remains a valued means of commerce and communications. “