Latest News and Highlights

USPS Updates on “COVID-19". The USPS will provide any necessary updates on their website at: https://about.usps.com/newsroom/service-alerts/. Other resources:

PRC Approve Market Dominant Prices, Mailing Promotions and the Seamless Acceptance Incentive for 2021 On Friday, November 20th, the Postal Regulatory Commission (PRC) approved the Market Dominant price change to take effect January 24, 2021.The prices, approved by the PRC will raise Mailing Services product prices approximately 1.8 percent for First-Class Mail and 1.5 percent for other categories.

USPS Latest Leadership Announcements On Thursday, November 19th, the U.S. Postal Service made several leadership announcements, including the retirement of a top executive, the promotion of several other key leaders, and a series of functional alignments that aim to better position the organization to achieve operational excellence and financial stability. The changes include the announcement that David E. Williams, chief logistics and processing operations officer, intends to retire next year. Isaac Cronkhite, who currently serves as chief human resources officer, will succeed Williams as chief logistics and processing operations officer.

U.S. Postal Service Announces New Domestic Competitive Prices for 2021 On November 16, 2020, The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) of price changes to take effect Jan. 24, 2021. The proposed prices, approved by the Postal Service Governors, would raise Shipping Services product prices approximately 3.5 percent for Priority Mail service, and 1.2 percent for Priority Mail Express service. Shipping Services price increases vary by product. 

USPS Files FY2020 Financial Results The Postal Service today reported its financial results for fiscal year 2020, which ended on September 30, 2020. Despite an increase in revenue of $2billion relative to FY2019, the Postal Service recorded a net loss for the year of $9.2 bn (compared with $8.8 bn in 2019). Controllable losses - which ignore non-cash expenses were $3.8 bn, up from $3.4 bn last year. The Postal Service cited losses in mail volume, and increased expenses associated with the COVID-19 pandemic as primary drivers of its FY2020 financial performance. 

DTAC Acquires Mail.dat® & Mail.XML™ Specifications From Idealliance PostCom is pleased to announce that Delivery Technology Advocacy Council (DTAC) and Idealliance have agreed to transfer ownership and management of the Mail.dat and Mail.xml specifications to DTAC. Several members of PostCom's Board of Directors were instrumental in forging this agreement that will help ensure technological continuity and stability for the mailing industry in the years to come. Official Press Release