NOW

PRC Releases 2019 Annual Report

PRC - FY2019_Annual Report

Washington, DC – The Postal Regulatory Commission released its Fiscal Year 2019 Annual Report to the President and Congress.

The report provides a summary of the main activities undertaken by the Commission throughout the year.

Throughout the year, the Commission had a number of significant accomplishments. In addition to reviewing and approving planned rate changes for Market Dominant and Competitive products, new product proposals, and formal complaint adjudication, the Commission continued its work on the system for regulating rates and classes for Market Dominant products.

On December 5, 2019, the Commission issued a revised Notice of Proposed Rulemaking to reflect comments received on its initial rulemaking. The Commission also completed its analysis of the institutional cost requirement for Competitive products and ultimately adopted a formula-based approach to annually calculate Competitive products’ appropriate share of institutional costs.

The Commission further continued an active role in international postal policy matters, including participating in an inter-agency process to negotiate a favorable outcome at the Third Extraordinary Congress that would allow postal operators to self-declare rates for the delivery of small packets.

Click to read PRC 2019 Annual Report

LATEST NEWS