Notice2024-20272
Change in Rates of General Applicability for Competitive Products
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
September 9, 2024
Issuing agencies
Postal Service
Abstract
This notice sets forth time-limited changes in rates of general applicability for competitive products.
Full Text
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<title>Federal Register, Volume 89 Issue 174 (Monday, September 9, 2024)</title>
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[Federal Register Volume 89, Number 174 (Monday, September 9, 2024)]
[Notices]
[Pages 73133-73134]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-20272]
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POSTAL SERVICE
Change in Rates of General Applicability for Competitive Products
AGENCY: Postal Service<SUP>TM</SUP>.
ACTION: Notice of a change in rates of general applicability for
competitive products.
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SUMMARY: This notice sets forth time-limited changes in rates of
general applicability for competitive products.
DATES: Applicability date: October 6, 2024.
FOR FURTHER INFORMATION CONTACT: Elizabeth Reed, 202-268-3179.
SUPPLEMENTARY INFORMATION: On August 8, 2024, pursuant to their
authority under 39 U.S.C. 3632, the Governors of the Postal Service
established time-limited price changes for competitive products. The
Governors' Decision and the record of proceedings in connection with
such decision are reprinted below in accordance with section
3632(b)(2). Mail Classification Schedule language containing the new
prices can be found at <a href="http://www.prc.gov">www.prc.gov</a>.
Ruth Stevenson,
Chief Counsel, Ethics and Legal Compliance.
Decision of the Governors of the United States Postal Service on
Changes in Rates of General Applicability for Competitive Products
(Governors' Decision No. 24-4)
August 8, 2024.
Statement of Explanation and Justification
Pursuant to authority under section 3632 of title 39, as amended by
the Postal Accountability and Enhancement Act of 2006 (``PAEA''), we
establish new prices of general applicability for certain domestic
shipping services (competitive products), and concurrent classification
changes to effectuate the new prices. These prices shall be in effect
at 12:00 a.m. CDT on October 6, 2024 until 12:00 a.m. CST on January
19, 2025, at which
[[Page 73134]]
time prices will be restored to the levels that were in effect prior to
these increases. The changes are described generally below, with a
detailed description of the changes in the attachment. The attachment
includes the draft Mail Classification Schedule sections with the new
prices that will take effect on October 6 displayed in the price
charts, as well as the Mail Classification Schedule sections with the
prices that will be restored on January 19.
As shown in the nonpublic annex being filed under seal herewith,
the changes we establish should enable each competitive product to
cover its attributable costs (39 U.S.C. 3633(a)(2)) and should result
in competitive products as a whole complying with 39 U.S.C. 3633(a)(3),
which, as implemented by 39 CFR 3035.107(c), requires competitive
products collectively to contribute a minimum of 9.6 percent to the
Postal Service's institutional costs. Accordingly, no issue of
subsidization of competitive products by market dominant products
should arise (39 U.S.C. 3633(a)(1)). We therefore find that the new
prices are in accordance with 39 U.S.C. 3632-3633 and 39 CFR 3035.102.
I. Domestic Products
A. Priority Mail Express
Overall, the Priority Mail Express price change represents a 4.9
percent increase. The existing structure of zoned Retail and Commercial
price categories is maintained. Retail prices will increase 4.9 percent
on average, while the Commercial price category will increase 4.9
percent on average.
B. Priority Mail
On average, the Priority Mail prices will be increased by 5.5
percent. The existing structure of zoned Retail and Commercial price
categories is maintained. Retail prices will increase 5.3 percent on
average, while the Commercial price category will increase 5.6 percent
on average.
C. USPS Ground Advantage
USPS Ground Advantage, introduced in July 2024, is the Postal
Service's flagship ground package product. USPS Ground Advantage prices
will increase 6.4 percent on average. The existing structure of zoned
Retail and Commercial price categories is maintained. Retail prices
will increase 6.2 percent on average, while the Commercial price
category will increase 6.5 percent on average. The Alaska Limited
Overland Routes (LOR) price category will see a 10.3 percent increase.
No price changes are being made to Parcel Select, Special Services,
or International competitive products.
Order
The changes in prices set forth herein shall be effective at 12:00
a.m. on October 6, 2024, and will be rolled back to current levels at
12:00 a.m. on January 19, 2025. We direct the Secretary of the Board of
Governors to have this decision published in the Federal Register in
accordance with 39 U.S.C. 3632(b)(2), and direct management to file
with the Postal Regulatory Commission appropriate notice of these
changes.
By The Governors:
Roman Martinez IV,
Chairman, Board of Governors.
UNITED STATES POSTAL SERVICE OFFICE OF THE BOARD OF GOVERNORS
Certification of Governors' Vote on Governors' Decision No. 24-4
Consistent with 39 U.S.C. 3632(a), I hereby certify that on August
8, 2024, the Governors voted on adopting Governors' Decision No. 24-4,
and that a majority of the Governors then holding office voted in favor
of that Decision.
Date: August 8, 2024.
Michael J. Elston,
Secretary of the Board of Governors.
[FR Doc. 2024-20272 Filed 9-5-24; 8:45 am]
BILLING CODE 7710-12-P
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