Washington, DC – Today the Postal Regulatory Commission (Commission) issued its Financial Analysis report, an examination of the U.S. Postal Service’s (Postal Service) financial results and 10-K Statements for Fiscal Year (FY) 2018.
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Washington, DC – Today the Postal Regulatory Commission (Commission) issued its Annual Compliance Determination (ACD) assessing the pricing and service performance standards of the U.S. Postal Service (Postal Service) in fiscal year 2018. This ACD marks the 11th Compliance Determination issued since the enactment of the Postal Accountability and Enhancement Act of 2006.
The following is a summary of the Commission’s findings, recommendations, and directives.
Washington, DC – The Postal Regulatory Commission, in consultation with the U.S. Postal Service, will host an off-the-record technical conference on Friday, February 15, 2019, at 10:00 a.m.
Washington, DC – The Postal Regulatory Commission today announced that Michael M. Kubayanda has been sworn into office as a Commissioner.
President Donald J. Trump nominated Michael Kubayanda to the Commission on June 6, 2018, and his nomination was confirmed by the U.S. Senate on January 2, 2019. His appointment fills the fifth seat at the Commission giving the Postal Service regulator a full complement of members. He will serve out the remainder of a six-year term that expires November 22, 2020.
Washington, DC – The Postal Regulatory Commission (Commission) voted unanimously during a Commission public meeting on December 17, 2018 to designate Commissioner Nanci E. Langley as vice chairman of the Commission effective January 1, 2019. Agency regulations provide that the commissioners elect a member to serve as vice chairman for a term of one year. Commissioner Langley succeeds Commissioner Tony Hammond.
Washington, DC – Today the Postal Regulatory Commission (Commission) issued Order No. 4963 adopting final rules concerning the appropriate share of institutional costs that Competitive products must contribute. The current appropriate share requirement is 5.5 percent of institutional costs. For Fiscal Year 2019, the appropriate share as generated by the Commission’s formula-based approach is 8.8 percent.
Washington, DC – The Postal Regulatory Commission will hold a public meeting on Monday, December 17, 2018 at 11:00 a.m. All interested parties are invited to attend the open portion of the meeting in person or join via webcast through the Commission website, www.prc.gov.
The public meeting will take place at Commission offices in the Hearing Room, 901 New York Avenue NW, Suite 200, Washington, DC 20268.
Portions of the meeting that are open to the public include:
Washington, DC – October 17, 2018. Earlier today, a statement was issued by the White House Press Secretary regarding President Trump’s receipt of a State Department report pursuant to an August 23rd Presidential Memorandum (https://www.whitehouse.gov/briefings-statements/statement-press-secretary-38/). In light of this, Postal Regulatory Commission Chairman Taub reiterates his previously issued statement of August 23rd.