Report Finds Goals Not Met or Only Partially Met in FY 2017 4/26/2018 Washington, DC – Today the Postal Regulatory Commission (Commission) issued its analysis of the United States Postal Service (Postal Service) fiscal year (FY) 2017 Annual Performance Report and FY 2018 Performance Plan. Each year, the Commission must review the Postal Service’s performance […]
: Liabilities weaken improvements in liquidity Washington, DC – Today the Postal Regulatory Commission (Commission) released its Financial Analysis report, which analyzes the overall financial position of the United States Postal Service in Fiscal Year (FY) 2017. In FY 2017, the Postal Service recorded its first net loss from operations, since FY 2013, of $1.3 […]
Report shows progress in some areas and continued challenges in others 3/29/2018 Washington, DC – The Postal Regulatory Commission (Commission) today issued its Annual Compliance Determination (ACD), a mandated assessment of the U.S. Postal Service’s (Postal Service) compliance with pricing and service performance requirements in fiscal year 2017 (FY 2017). While the Commission acknowledges some […]
Vast majority of mailers, by volume and revenue, come together to discourage misguided postal rate hike proposal 2/27/18 WASHINGTON – Today, an unprecedented coalition of more than 50 leading associations, companies, nonprofits, magazines, newspapers and other stakeholders joined forces as the American Mail Alliance to advocate for a common sense approach to setting new postal […]
12/1/17 PRC completes its review of the postage rate-setting system The Postal Regulatory Commission (PRC) today posted its findings of the so-called 10-year review of the postage rate-making system established by the Postal Accountability and Enhancement Act of 2006 (PAEA). That law indexed the prices of so-called “market dominant” products (e.g., letter mail, periodicals and […]
Postmaster General & CEO Megan J. Brennan statement on PRC 10-year rate review findings “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 […]
PRC CONCLUDES RATE SYSTEM HAS NOT ACHIEVED NECESSARY OBJECTIVES and ISSUES PROPOSED RULEMAKING TO ADDRESS SHORTCOMINGS: Would Retain Price Cap System 12/1/17 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 […]
November 30, 2017 – Postal Regulatory Commission 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 […]
5/15/17 Washington, DC – The Postal Regulatory Commission today announced the agenda for its May 18 Public Meeting. The meeting is open to the general public and will focus on activities undertaken by the Commission over the course of this fiscal year to date.The following agenda items, among others, will be discussed: Commission efforts regarding […]
3/31/17 Washington, DC – Today the Postal Regulatory Commission (Commission) released its Financial Analysis report, which analyzes the United States Postal Service’s Fiscal Year (FY) 2016 overall financial position. In FY 2016, the Postal Service generated an Operating Income of $610 million despite an increase in operating expenses and the expiration of the exigent surcharge […]