PRC to announce recommended decision on postal rate hike

Share this content:

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.

Sign up to our newsletters

Company of the Week

PAN Communications is an award-winning integrated marketing and public relations agency for B2B technology and healthcare brands. PAN's data-driven approach allows the firm to specialize in public relations, social media, content and influencer marketing, and data and analytics. PAN partners with brands to create unique, integrated campaigns that captivate audiences.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above