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Day: January 2, 2023

Debate Continues Over PSRA Benefit

In the closing days of 2022, the legal wrangling continued between the Postal Service and a group of industry associations about how to account for the billions of forgiven USPS debt resulting from last April’s Postal Service Reform Act of 2022. Earlier As has been previously reported, the debate started when the Postal Service sent a letter to the Postal…

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USPS Announces Additional Rate Authorities for FY 2023

In a document filed December 30 with the Postal Regulatory Commission, the Postal Service provided the calculations for its additional (over-CPI) rate authorities under the PRC’s November 2020 final rule. According to the Postal Service’s calculations, its added rate authority under the “density” provision is 1.026%, and its “retirement” rate authority is 1.036%.  The “non-compensatory” rate authority is a fixed…

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