PRC to Make Announcement on the Future of the Postal Ratemaking System

BACKGROUND: The Postal Regulatory Commission was required to initiate a review of the system for regulating rates and classes for Market Dominant products to determine if the ratemaking system has achieved the objectives of 39 U.S.C. 3622(b), taking into account the factors enumerated in 39 U.S.C. 3622(c). On December 20, 2016, the Commission began its review. Chairman Robert Taub will host a media conference to discuss the Commission’s findings.           

WHAT:     Commission announcement of proposed rulemaking of 10-year rate review

WHO:      Chairman Robert G. Taub

WHEN:    Friday, December 1 at 1:00 p.m.

WHERE:  
Postal Regulatory Commission
Hearing Room
901 New York Avenue NW, Suite 200
Washington, DC 20268

The media conference will also be live streamed on the Commission’s website, www.prc.gov. If you plan to attend the media conference in person, RSVP to Gail Adams at gail.adams@prc.gov.

The Postal Regulatory Commission is an independent federal agency that provides regulatory oversight over the U.S. Postal Service to ensure the transparency and accountability of the Postal Service and foster a vital and efficient universal mail system. The Commission is comprised of five Presidentially-appointed and Senate-confirmed Commissioners, each serving terms of six years. The Chairman is designated by the President. In addition to Chairman Robert G. Taub, the other commissioners are Vice Chairman Mark Acton and Commissioners Tony Hammond and Nanci Langley. Follow the PRC on Twitter: @PostalRegulator