As noted in a previous post, the Postal Regulatory Commission (PRC) denied the United States Postal Service (USPS) March 18 request for rate changes on “market dominant products.” This was the second remand following the first on March 6th. But as of this week, the USPS has now filed a response to above-mentioned Postal Regulatory Commission (PRC) Order in which the Commission remanded proposed rates for Standard Mail, Periodicals and Package Services (the “market dominant products”). The USPS response contains revised pricing and further explanation consistent with the Commission’s Order.
If approved, new pricing would go into effect on May 31, 2015.
This seems confusing at first, given the USPS announcement at the end of March that it was holding off on rate adjustments scheduled to take effect on April 26. But the rate adjustments being delayed were for First Class Mail, Special Services and Competitive Products. These have already been approved by the PRC. On the other hand, the PRC has twice rejected proposed rates changes affecting Standard Mail, Periodicals and Package Services, and this is what the USPS is seeking to get approved and implemented by May 31.