PRC to Consider if Ending Saturday Mail Delivery is OK – Public Comment Invited

 “Among key questions to be answered are:   “Will the savings the Postal Service anticipates be as significant as they estimate? Will mail volume decline more than the Postal Service anticipates?  Will businesses and citizens have service that remains adequate to meet their needs? And will the national economic impact of service reductions offset or add […]

PRC Report Finds Excessive Postage Discounts

APWU News Confirming charges the APWU has made for more than a decade, the Postal Regulatory Commission (PRC) concluded on March 29 that the Postal Service grants excessive postage discounts to large mailers. The USPS suffered a loss of $3.8 billion in Fiscal Year 2009. The PRC’s Annual Compliance Determination (ACD) [PDF] identified 30 types of […]

Postal Service Files 5-Day Delivery Plan With Postal Regulatory Commission

WASHINGTON, March 30 — The Postal Service today took its case for five-day delivery to the Postal Regulatory Commission (PRC). The Postal Service is required by law to seek an advisory opinion from the PRC any time a nationwide change in service is proposed. Today’s filing begins the PRC review. A report accompanying the request […]

PRC Report: Shortfalls in Some Products, Services Cost USPS $1.7B In FY 2009

Some workshare discounts exceeded the savings to USPS Washington, DC – The Postal Regulatory Commission today issued its Annual Compliance Determination (ACD) assessing the financial and service performance of the Postal Service in fiscal year (FY) 2009. The Commission reported that 14 separate Postal Service products or services failed to cover their direct costs. Shortfalls […]

USPS Lost $611 Million In February 2010 – YTD $1.5 Billion

The US Postal Service filed its February 2010 (unaudited) preliminary financial report yesterday with the Postal Regulatory Commission. USPS reported a net income/ loss of $611 million. The total Fiscal Year to year loss is $1.5 billion ($592 million lost for the month of January, $179 Million gain the month of December; $255 million lost […]

Postal Service Seeks To Change Classification of Some PO Boxes

Post Office Boxes Face Competition Postal Service Seeks Change in Service Classification WASHINGTON — The U.S. Postal Service today is filing a request with the Postal Regulatory Commission (PRC) to change the designation of some Post Office Boxes from monopoly to competitive designation – a move to allow greater flexibility to meet the needs of […]

PRC Issues Advisory Opinion Affirming Customer Rights in U.S. Postal Service Retail Office Closing Decisions

Press Release from Postal Regulatory Commission March 10, 2010 Washington, DC – The Postal Regulatory Commission today issued an Advisory Opinion to the U.S. Postal Service in its “Station and Branch Optimization and Consolidation Initiative” in Docket N2009-1. The Postal Service is required to seek an Advisory Opinion if its actions constitute a nationwide change […]

USPS Lost $592 Million for January 2010

The US Postal Service filed its January 2010 (unaudited) preliminary financial report today with the Postal Regulatory Commission. USPS reported a net income/ loss of $592 million. The total Fiscal Year to year loss is $887 million ($255 million for lost for November and $179 Million gain the month of December) . Mail volume was […]

PRC Initiates Review of USPS Pension Liability

PRC Press Release Washington, DC – The Postal Regulatory Commission yesterday issued a Notice establishing Docket SS2010-1 to conduct a review of the Civil Service Retirement System (CSRS) pension liability of the United States Postal Service. “This is an important study which will provide information regarding the financial health and viability of the Postal Service, […]