USPS: PRC approves temporary price increases

The Postal Regulatory Commission (PRC) has approved the temporary price increases for commercial domestic parcel products that USPS proposed last month. Retail prices for parcel products are unaffected. The planned commercial price increases for Priority Mail Express, Priority Mail, First-Class Package Service (FCPS) and Commercial Parcel Select will take effect Oct. 18 at 12 a.m….

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USPS requests commercial parcel rate increases

USPS has notified the Postal Regulatory Commission (PRC) it plans to temporarily increase prices for commercial domestic parcel products, starting Oct. 18. Retail prices for parcel products are unaffected. The planned commercial price increases for Priority Mail Express, Priority Mail, First-Class Package Service (FCPS) and Commercial Parcel Select will take effect Oct. 18 at 12…

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PMG DeJoy issues statement on operational excellence

Postmaster General Louis DeJoy issued a statement July 27 on the Postal Service’s efforts to achieve operational excellence and financial stability. “The Postal Service is in a financially unsustainable position, stemming from substantial declines in mail volume and a broken business model,” DeJoy writes. “We are currently unable to balance our costs with available funding…

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APWU Retiree Chapter President’s editorial: Cry Wolf?

Everybody is familiar with the childhood fable of the village shepherd boy who continuously cried wolf as a joke to arouse all the villagers. When a wolf actually did appear and the boy cried Wolf, he was ignored as it being just another joke and his sheep were devastated by the wolf. The parallel here…

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PRC endorses USPS plan to end customized postage

By Bill McAllister, Washington Correspondent The Postal Regulatory Commission has unanimously endorsed the United States Postal Service’s plan to end production of customized postage stamps. The PRC’s decision came on June 16, a day after the USPS had ordered Stamps.com to end its 15 years of production of PhotoStamps, the name of the company’s customized…

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PRC Financial Analysis for FY 2019: USPS Financial Losses are Largest in a Decade

Press Release – May 7, 2020 Washington, DC – The Postal Regulatory Commission today released its Financial Analysis report of the Postal Service’s 2019 financial results. The report was developed using information from the Postal Service’s Fiscal Year (FY) 2019 10-K Statement and measured against its FY 2018 and FY 2019 Integrated Financial Plan, Cost…

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PRC Releases FY 2019 Annual Report to the President and Congress

Washington, DC – January 21, 2020 – The Postal Regulatory Commission (Commission) today released its Fiscal Year 2019 Annual Report to the President and Congress. The report provides a summary of the main activities undertaken by the Commission throughout the year. Each year, the Commission is required to address in its report information concerning the…

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USPS announces price changes for 2020

The Postal Service has announced price changes to take effect next year. The USPS Governors approved the proposed changes, which will be reviewed by the Postal Regulatory Commission (PRC) before they take effect Jan. 26. The governors believe these new rates will keep the Postal Service competitive while providing the agency with needed revenue. The…

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