PRC Releases Annual Compliance Report

The Postal Regulatory Commission (PRC) issued its Annual Compliance Determination Report on March 28 for Fiscal Year 2023. The PRC determined that all rates implemented in FY 2023 complied with all rate authority provisions. They also found that 15 out of 27 Market Dominant products/categories failed to meet their service performance targets and directed the Postal Service to take corrective action to improve performance. The Public Representative noted that the root cause of the cost increase for Periodicals is unclear and emphasized that the Postal Service’s main focus for the Periodicals class should be on cost reduction. The Alliance filed comments on January 30.


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