PRC Remands Proposed Price Adjustments to USPS Standard Mail, Periodicals, and Package Services Products Affected Washington, DC – Today the Postal Regulatory Commission returned proposed rate adjustments for Standard Mail, Periodicals, and Package Services classes to the Postal Service to allow for modifications that comply with applicable legal requirements. The rate increases are proposed to […]
On Feb. 25, 2015, the U.S. Postal Service’s financial results for the month of January 2015 were posted on the Postal Regulatory Commission’s website. For the month of January 2015, the Postal Service reported a $195 million operating profit. For the fiscal year to date, USPS now has a $1.325 billion operating profit. The $195 […]
From Postal Regulatory Commission; NOTICE AND ORDER ON RATE ADJUSTMENTS,CLASSIFICATION CHANGES, AND TEMPORARY PROMOTIONS FOR MARKET DOMINANT PRODUCTS On January 15, 2015, the Postal Service filed a notice of inflation-based rate adjustments affecting market dominant domestic and international products and services, along with four temporary mailing promotions and numerous proposed classification changes. The intended effective […]
1/13/2015 – USPS November 2014 financial results: On Dec. 24, the Postal Service results for November and fiscal year-to-date 2015 were posted on the Postal Regulatory Commission website. For November, USPS reported a $59 million operating profit. Add that to the $633 million operating profit from October, and you see that, for the first two […]
1/5/2015 – Washington, DC- Effective January 1, 2015, the Postal Regulatory Commission (PRC) voted recently to designate Commissioner Tony Hammond as Vice Chairman of the PRC, succeeding Commissioner Mark Acton. PRC regulations provide that the Commissioners elect a member to serve as Vice Chairman for a term of one year. Mr. Hammond was reappointed commissioner […]
Press Release January 5,2015 PRC Releases Fiscal Year 2014 Annual Report Washington, DC- Today the Postal Regulatory Commission issued its 2014 Annual Report to the President and Congress. It describes Commission activities of the last fiscal year and the extent to which regulations are achieving the objectives set forth by the Postal Accountability and Enhancement […]
12.12.14 PRC rejects NAPS request to open inquiry on USPS plant consolidations and expected mail slowdown Last month NAPS submitted a request to PRC to open inquiry on USPS plant consolidations and mail slowdown The National Association of Postal Supervisors has requested the Postal Regulatory Commission to assess the impact of the Postal Service’s planned […]
The following is a press release from the Postal Regulatory Commission: December 11, 2014 – Washington, DC – Today Tony Hammond and Nanci E. Langley were sworn in as Commissioners at the Postal Regulatory Commission by Acting Chairman Robert G. Taub. They return to the Commission after having first been appointed in 2002 and 2008, […]
On December 9, 2014 the Senate confirmed nominations of Tony Hammond and Nanci E. Langley as Postal Regulatory Commissioners by voice votes: Executive Calendar #800 Tony Hammond – to be a Commissioner of the Postal Regulatory Commission for a term expiring October 14, 2018; and Executive Calendar #801 Nanci E. Langley – to be a […]
Nov. 25, 2014: The Postal Service’s financial results for October 2014—the first month of Fiscal Year 2015—were posted on the Postal Regulatory Commission’s website last night. For October 2014, the Postal Service reported $633 million in operating income. This reflects a more than two-fold increase from the $274 million operating income reported in the same […]