The Postal Regulatory Commission to announce recommended decision on postal rate hike

The Postal Regulatory Commission said yesterday that it would announce its recommended decision on the U.S. Postal Service’s request to increase postage rates to the agency’s board of governors on Feb. 26 at its offices in Washington.

The USPS filed May 3 with the PRC for an average 8.5 percent rate increase. The PRC was expected to make a recommendation to the agency’s board of governors on the case in March, although lately insiders had said that the decision most likely would be made earlier.

The decision will include recommendations on postal rates and fees affecting all mail users. The decision will also address the request to establish a “Forever Stamp” that would allow consumers the opportunity to purchase a non-denominated, non-expiring stamp that would be valid regardless of future rate changes.

After the decision is announced, the board can either accept the decision and the recommendation, protest it and implement the rates, or protest it and go back to the commission and ask for a second decision. Historically, the board of governors has tended to accept the PRC’s decisions, though on occasion they have made small changes to them.

While no final date has been announced regarding the governers’ decision, Postmaster General John E. Potter told USPS customers last year that they should prepare for a possible May 6 rate change date.

Relevant Directory Listings

Listing image

RouteSmart Technologies

RouteSmart – A FedEx Company – optimizes last-mile operations and enables the most successful postal and home delivery organizations to build more efficient route plans every day. Our proven solutions allow you to decrease planning time, create balanced and efficient delivery routes, lower total travel […]

Find out more

Other Directory Listings

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

Pin It on Pinterest

Share This