Postal Regulatory Commission Approves Exigent Rate Increase

In true holiday spirit, late on Christmas Eve afternoon, the PRC announced its decision on the Postal Service’s request for an exigent price increase.

In general, the commission granted the USPS request for additional revenue as a result of recession related losses.  As a result, the rates contained in its exigent price filing would be allowed to take effect on January 26, 2014.  However, the PRC did not agree that the rate increase should be permanent, and so directed that the rates should be implemented “as a surcharge.”  The USPS was further directed to submit a plan for the eventual removal of that surcharge.

New rates are available here:  2014 rates

Source:  AMSP

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