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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USPS: President Trump nominates a PRC Commissioner

President Trump has nominated Ashley Jay Elizabeth Poling to be a commissioner of the Postal Regulatory Commission (PRC). Poling, a North Carolina resident, is nominated for the remainder of a six-year term expiring Nov. 22, 2024. Ms. Poling serves as the Director of Governmental Affairs and Senior Counsel for Senator Gary C. Peters, where she…

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PRC Directs Postal Service to Address a Number of Outstanding Compliance Issues

Washington, DC – Today the Postal Regulatory Commission (Commission) issued its Annual Compliance Determination (ACD) assessing the pricing and service performance standards of the U.S. Postal Service (Postal Service) in fiscal year 2018. This ACD marks the 11th Compliance Determination issued since the enactment of the Postal Accountability and Enhancement Act of 2006. The following…

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Senate Hearing on Postal Task Force – March 12, 2019

A Path to Sustainability: Recommendations from the President’s Task Force on the United States Postal Service Full Committee Hearing March 12, 2019 02:30 PM Location: SD-342, Dirksen Senate Office Building Witnesses Panel I Gary Grippo Deputy Assistant Secretary for Public Finance U.S. Department of the Treasury The Honorable Robert G. Taub Chairman Postal Regulatory Commission…

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