Tag: pricing authority

PRC Releases FY 2022 Annual Compliance Determination: USPS continues to struggle with compliance in some areas

Posted on by 21cpw

March 29, 2023 Washington, DC – Today the Postal Regulatory Commission issued its FY 2022 Annual Compliance Determination assessing the Postal Service’s compliance with rates and service performance. The Commission is required to issue its Determination 90 days after the filing of the Postal Service’s Annual Compliance Report (ACR) (39 U.S.C. Section 3653). This review…

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USPS CFO Corbett reviews fiscal year 2022’s second quarter (video)

Posted on by 21cpw

June 9, 2022 The Postal Service’s chief financial officer, Joe Corbett, reviews fiscal year 2022’s second quarter (Jan. 1-March 31) in his latest “Dollars and Change” video. USPS reported $19.8 billion in operating revenue, total operating expenses of $20.4 billion and an adjusted loss of $1.7 billion for the quarter. The organization also reported improvements…

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