U.S. Postal Service Reports Fiscal Year 2016 Results

November 15, 2016

  • Net loss of $5.6 billion, driven by mandated retiree health benefits expenses
    • Controllable income of $610 million
    • Continued double-digit growth in revenue and volume in the Shipping and Packages business
    • Enactment of postal reform legislation remains urgently needed

WASHINGTON — After accounting for a $5.8 billion retiree health benefit prefunding obligation, the U.S. Postal Service posted …

Key Notes – Volume 03 Number 42

USPS Requests Parcel Rates Increases for 2017 – The U.S. Postal Service filed notice with the Postal Regulatory Commission (PRC) of price changes for Shipping Services products to take effect next year, following the end of the holiday mailing season.  The filing does not include any price increase for First-Class Package International Service, Priority Mail …

Key Notes – Volume 03 Number 41

USPS Seeks Rate Increase for January 2017 – The U.S. Postal Service has filed notice (over 200 pages) with the Postal Regulatory Commission (PRC) of price changes for Mailing Services products planning to take effect in January 2017.  Standard Mail is being rebranded as USPS Marketing Mail to better align the product name with …

USPS Publishers Alternate Marked Copy Change for Periodicals

Effective November 7, 2016, section 207.16.2 of the Domestic Mail Manual will be changed to add an alternate process for publishers to submit their marked copies. Currently, publishers are required to submit a marked copy(s) at either the original entry office or an additional entry office, unless they are certified by USPS to use the …