A day before the USPS releases its most recent quarter’s financial results, it got some bad news. The Postal Regulatory Commission (PRC) is rejecting its proposed First Class Mail rates for 2020. It appears to be an unusual occurrence, though we’ll reserve judgement until the experts weigh in.
The Alliance of Nonprofit Mailers was quick to tweet a link with the following comment: “@PostalRegulator nixes @USPS 2020 First-Class prices as over CPI. PRC “also expects…amended rate adjustment filing will demonstrate how the revised planned First-Class Mail prices are consistent with the relevant objectives and factors.”