The U.S. Postal Regulatory Commission approved the U.S. Postal Service’s proposal to raise rates for Market Dominant products consistent with applicable law on May 30, according to Holly Lubart, vice president of government affairs with News/Media Alliance.
According to PRC regulations, proposals for rate changes that comply with the applicable legal requirements may take effect.
In its decision, the commission strongly encouraged the Postal Service Board of Governors to consider exercising their business judgment, consistent with statutory and regulatory requirements, not to increase rates by the full amount permitted by law, according to Lubart.
In response to NMA’s comments submitted on May 9, on page 130, the order states: “The commission also shares NMA’s concerns about Periodicals’ costs and continues to strongly encourage the Postal Service to take steps to address them.”
Regarding the Flats Operations plan, the order says: “The commission nonetheless remains concerned about the issues raised by NMA and is continuing to review them in Docket No. SS2022-1.”
Price changes are scheduled to take effect July 13. The proposed adjustments, approved by the governors of the Postal Service, would raise Periodicals rates by an average of 9.385 percent and Marketing Mail prices by an average of 7.385 percent.
