The Postal Regulatory Commission (PRC) issued its Annual Compliance Determination (ACD), a mandated assessment of the U.S. Postal Service’s compliance with pricing and service performance requirements in fiscal year 2017 (FY 2017). While the Commission acknowledges some areas of improvement, it identifies several compliance issues related to workshare discounts, noncompensatory Market Dominant products, Competitive products, service performance, and continued cost and service problems with flat-shaped mail (flats). Workshare Discounts: The Commission identified 42 workshare discounts with compliance issues. Out of the 42, 20 of the discounts did not comply with section 3622(e). No action by the Commission was required for 7 of the 20 workshare discounts because price changes aligned the discounts with avoided costs or the Postal Service eliminated the discount. Thirteen workshare discounts remained out of compliance prompting the Commission to direct the Postal Service to either align workshare discounts with avoided costs in the next Market Dominant price adjustment or specify an applicable statutory exception. Click Read More below for additional information.
FedEx Corp. announced today that, for the second year in a row, the company will not apply additional residential surcharges during the holiday season, except for shipments that are oversized, unauthorized or necessitate additional handling.
“FedEx delivers possibilities every day for millions of small- and medium-sized businesses,” said Raj Subramaniam, executive vice president, chief marketing and communications officer, FedEx Corp. “We are demonstrating our support for these loyal customers during this critical timeframe by not adding additional residential peak surcharges, except for situations where the shipments are oversized, unauthorized or necessitate additional handling.”
Peak surcharges for such shipments will be effective Nov. 19, 2018, through Dec. 24, 2018. Details can be found here: fedex.com/peak-surcharge
FedEx Express and FedEx Ground also announced general changes to surcharges on unauthorized shipments and some packages requiring additional handling, effective Sept. 3, 2018. Details can be found here: fedex.com/rate-changes
FedEx is also updating certain fuel surcharge tables at FedEx Express and FedEx Ground effective Sept. 10, 2018. Details of these changes will be available on fedex.com by Aug. 10, 2018.