News/Media Alliance Files Comments on Rate Proposals & USPS Reports Fiscal Year 2022 Results

The Alliance filed the comments with the Postal Regulatory Commission on November 7 in response to the Postal Service’s notice of market-dominant price adjustments. The Alliance urged the Postal Service to file new rates that properly account for the rate increase resulting from the elimination of FSS scheme preparation stating that the proposed periodicals rates are excessive and non-compliant with price cap regulations. In addition, the Postal Service also released their Fiscal Year 2022 Results on November 10 showing the following:

  • Operating revenue of $78.5 billion, up $1.5 billion from the prior fiscal year
  • Adjusted loss increased by $2.0 billion
  • One-time, non-cash benefit of $57.0 billion from the Postal Service Reform Act
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