Magazine Industry Group Issues Fact Check on USPS Finances

From the Association of Magazine Media:

USPS: Myth vs. Fact

The magazine industry supports and needs a healthy Postal Service. Yet, the Postal Regulatory Commission is proposing rate increases for the Market Dominant segment of the mail stream as high as 40 percent.  Such a move will have the chilling effect of driving away business and creating an existential threat to the Postal Service. Continue reading

PRC proposes changes to postal rate making process

Washington, D.C. – Today, the Postal Regulatory Commission (Commission) issued its findings related to the statutorily mandated review of the system for regulating rates and classes for Market Dominant products that was first established in 2006 by the Postal Accountability and Enhancement Act (PAEA). The law required the Commission to review the past 10 years of the existing market dominant rate and classification system to determine if the system achieved the nine objectives, considering the 14 factors, established by Congress. The objectives reflect the goals of the PAEA to create a flexible, stable, predictable, and streamlined ratemaking system that ensures the Postal Service’s financial health and maintains high quality service standards and performance. Continue reading

PRC to release results of postal rate-setting review

BACKGROUND: The Postal Regulatory Commission was required to initiate a review of the system for regulating rates and classes for Market Dominant products to determine if the ratemaking system has achieved the objectives of 39 U.S.C. 3622(b), taking into account the factors enumerated in 39 U.S.C. 3622(c). On December 20, 2016, the Commission began its review. Chairman Robert Taub will host a media conference to discuss the Commission’s findings. Continue reading

APWU Weighs In on PRC Review, Calling for an End to CPI Price Cap

03/25/2017The American Postal Workers Union (APWU) submitted comments before the March 20 deadline to the Postal Regulatory Commission (PRC) for their ongoing “10 Year Rate System Review,” required by Congress in the 2006 Postal Accountability and Enhancement Act (PAEA). The Commission is reviewing the effects of the current rate system, capped by the Consumer Price Index (CPI), to see how it impacts the Postal Service’s ability to meet the objectives stated in the PAEA. The PRC requested comments from stakeholders, including the public, about the Postal Service’s rate setting system. Continue reading

NALC submits comments in PRC’s rate-setting review

From the National Association of Letter Carriers:

The Postal Regulatory Commission’s (PRC) required 10-year review of the way the U.S. Postal Service sets its prices for postage and postal products is underway, with NALC making an official submission to the agency before the public comment window closed on March 20.

Chief among NALC’s recommendations is that the PRC should eliminate the price cap on so-called “market dominant” products such as First Class Mail.  The cap has failed to provide the means to achieve the most important objective of the 2006 Postal Accountability and Financial Act (PAEA): financial stability for USPS. Continue reading

USPS seeks an end to postage price cap

From USPS News Link:

USPS is offering comments on the 10-year pricing system review being conducted by the Postal Regulatory Commission (PRC).

Under a 2006 postal law, the PRC must review the system used for regulating rates and classes for market-dominant products, including First-Class Mail, USPS Marketing Mail and other mail categories. Continue reading