The PRC (Postal Regulatory Commission) has rejected the first-class rate increases that are scheduled to become effective Jan. 26, 2020.
In the Nov. 13 order, the commission stated that the proposed increases are in excess of what a price cap allows and directed the USPS to rework rates that apply to letters, postcards, printed papers and small packets weighing up to 2 kilograms coming into the United States from other countries.
The commission seems confident that the rates can be revamped in time for the planned rate change.
The commission calculated the planned first-class increases at 2.109 percent. This exceeds the 1.933 percent increase that is allowed.
The Postal Service’s board of governors is expected to revisit First-Class Mail prices, and any subsequent filing of revisions with the PRC will occur no later than Dec. 12.