Tag: USPS

U.S. Postal Service reports fiscal year 2018 results

November 15, 2018November 15, 2018 GaryPageau USPS

Overall volume decline of 3.2 billion pieces Net loss of $3.9 billion Urgent need to advance legislative and regulatory reforms, along with continued aggressive postal management actions to generate new revenue and control costs Washington, D.C. – The U.S. Postal Service reported operating revenue of $70.6 billion for the fiscal year 2018 (October 1, 2017 – September 30, 2018), an... Read More

News Press releases

PRC approves proposed USPS rate changes

November 15, 2018November 15, 2018 GaryPageau U.S. Postal Regulatory Commission, USPS

WASHINGTON – November 15, 2018 – The Postal Regulatory Commission issued Orders 4875 and 4876 approving the Postal Service’s planned rate adjustments for both Market Dominant products and Competitive products respectively. Rate increases for Market Dominant products must meet certain statutory and regulatory requirements, the most prominent of which is that such increases be no greater than the rate of inflation,... Read More

Press releases

US Postal Service announces new prices for 2019; requires PRC approval

October 29, 2018 GaryPageau USPS

WASHINGTON – October 23, 2018 – The United States Postal Service has filed a notice with the Postal Regulatory Commission (PRC) of price changes to take effect Jan. 27, 2019. The proposed prices, approved by the Governors of the Postal Service, would raise Mailing Services product prices approximately 2.5%. Shipping Services price increases vary by product. For example, Priority Mail... Read More