PAEA

Dec 5th

PRC REVISES PROPOSALS IN SECOND RULEMAKING TO MODIFY THE RATE SYSTEM FOR CLASSES OF MARKET DOMINANT PRODUCTS

PRC Press Release 12/05/19 Order clarifies components of previous proposal Washington, DC – Today, the Postal Regulatory Commission (Commission) issued a revised notice of proposed rulemaking aimed at modifying the system for regulating rates and classes for Market Dominant products. This revised rulemaking takes into consideration comments received after the first rulemaking in December 2017, […]

Nov 14th

PRC recommends the President and Congress address financial condition of USPS

11/14/2016 Washington, DC – The Postal Regulatory Commission (Commission) today made its recommendations to the President and Congress to address the volatile financial condition of the U.S. Postal Service. The Commission is required every five years under Section 701 of the Postal Accountability and Enhancement Act of 2006 (PAEA) to issue a report that evaluates […]

Sep 10th

President Obama re-nominates GOP creator of 2006 Postal Reform bill to PRC

President Obama  re-nominates former Aide of GOP Congressman To PRC Robert G. Taub, Nominee for Commissioner, and upon appointment designated Chairman, Postal Regulatory Commission Robert G. Taub was Special Assistant to Secretary of the Army John McHugh from 2009 to 2011. Prior to this, Mr. Taub spent time serving  as Chief of Staff to then-Congressman […]

Jan 12th

PRC Issues Annual Report to the President and Congress

1/12/16  Washington, DC – The Postal Regulatory Commission released its Fiscal Year 2015 Annual Report to the President and Congress that highlights its various activities performed throughout the year. By law, the Commission is required to submit an annual report to the President and the Congress concerning the operations of the Commission, including the extent to which regulations […]

Jul 25th

OIG Report on USPS Officer Compensation for Calendar Year 2014

July 22, 2015 Background The Postal Accountability and Enhancement Act of 2006 (Postal Act of 2006) amended 39 U.S.C and revised the cap on total compensation payable to U.S. Postal Service employees. As a result of this revision, the Postal Service could not pay an employee more than $201,700 for calendar year 2014; however, there […]

May 8th

USPS Reports $1.5 Billion Net Loss in Q2 – $313 million profit without Prefunding

Package Volume increased 14.4 percent over same quarter last year Mail volume decreases continued in second quarter Ongoing capital investments remain a priority May 8, 2015 WASHINGTON — The U.S. Postal Service ended the second quarter of fiscal 2015 (Jan. 1, 2015 – March 31, 2015) with an operating revenue increase of $223 million, or […]

Feb 7th

Senator Carper says USPS $1.1 billion profit shows “urgent” need for postal reform

Yesterday the National Association of Letter Carriers wrote: The Postal Service financial turnaround is continuing into its third year of operating profitability, never more evident than in this quarter with its $1.1 billion operating profit and the increase to $7 billion in available cash. The CFO called it “a fantastic quarter.” But Senator Thomas Carper […]

Dec 22nd

Senator Carper says Postal Reform should be a Top Priority for 114th Congress

12.22.14 WASHINGTON- As the 113th Congress ends, Senator Tom Carper (D-Del.), Chairman of the Homeland Security and Governmental Affairs Committee, renewed his call for Congressional action on comprehensive postal reform and called on the incoming 114th Congress to make the issue a top priority: “More than 200 years after its founding, the Postal Service remains […]

Dec 4th

Senator Bernie Sanders: Don’t Destroy the U.S. Postal Service – Protect Our Postal Service

WASHINGTON, Dec. 4 – Warning that the future of the U.S. Postal Service is at stake, Sen. Bernie Sanders (I-Vt.) today called on managers of the mail system to back off plans to slow deliveries and eliminate as many as 15,000 jobs. Despite big increases in revenue, Postal Service managers are forging ahead with a […]

Nov 14th

Senator Sanders: New PMG pursued damaging proposals to cut services and eliminate jobs

Postal Service Revenue Rises as Service Cuts Loom BURLINGTON, Vt., Nov. 14 – Calling on the Postal Service to avert damaging service cuts and job losses, U.S. Sen. Bernie Sanders (I-Vt.) pointed to a new report today [added by pr] that revenue for the mail delivery service rose by $569 million during the fiscal year […]