83 FR 52578 - Competitive Price Adjustment
POSTAL REGULATORY COMMISSION Federal Register Volume 83, Issue 201 (October 17, 2018)
Federal Register Volume 83, Issue 201 (October 17, 2018)
| Page Range | 52578-52579 | |
| FR Document | 2018-22542 |
[Federal Register Volume 83, Number 201 (Wednesday, October 17, 2018)] [Notices] [Pages 52578-52579] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-22542] ----------------------------------------------------------------------- POSTAL REGULATORY COMMISSION [Docket No. CP2019-3; Order No. 4854] Competitive Price Adjustment AGENCY: Postal Regulatory Commission. ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: The Commission is recognizing a recently filed Postal Service document with the Commission concerning changes in rates of general applicability for competitive products. The changes are scheduled to take effect January 27, 2019. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: October 25, 2018. ADDRESSES: Submit comments electronically via the Commission's Filing Online system at http://www.prc.gov. Those who cannot submit comments electronically should contact the person identified in the FOR FURTHER INFORMATION CONTACT section by telephone for advice on filing alternatives. FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202-789-6820. SUPPLEMENTARY INFORMATION: Table of Contents I. Introduction and Overview II. Initial Administrative Actions III. Ordering Paragraphs I. Introduction and Overview On October 10, 2018, the Postal Service filed notice with the Commission concerning changes in rates of general applicability for competitive products.\1\ The Postal Service represents that, as required by 39 CFR 3015.2(b), the Notice includes an explanation and justification for the changes, the effective date, and a schedule of the changed rates. See Notice at 1. The changes are scheduled to take effect on January 27, 2019. Id. --------------------------------------------------------------------------- \1\ Notice of Changes in Rates of General Applicability for Competitive Products Established in Governors' Decision No. 18-1, October 10, 2018 (Notice). Pursuant to 39 U.S.C. 3632(b)(2), the Postal Service is obligated to publish the Governors' Decision and record of proceedings in the Federal Register at least 30 days before the effective date of the new rates. --------------------------------------------------------------------------- Attached to the Notice is Governors' Decisions No. 18-1, which state the new prices are in accordance with 39 U.S.C. 3632 and 3633 and 39 CFR 3015.2.\2\ The Governors' Decisions provide an analysis of the competitive products' price changes intended to demonstrate that the changes comply with 39 U.S.C. 3633 and 39 CFR part 3015. Governor's Decisions No. 18-1 at 1. The attachment to the Governors' Decisions sets forth the price changes and includes draft Mail Classification Schedule (MCS) language for competitive products of general applicability. --------------------------------------------------------------------------- \2\ Notice, Decision of the Governors of the United States Postal Service on Changes in Rates of General Applicability for Competitive Products (Governors' Decision No. 18-1), at 1 (Governors' Decision No. 18-1). --------------------------------------------------------------------------- The Governors' Decisions include two additional attachments:A partially redacted table showing FY 2019 projected volumes, revenues, attributable costs, contribution, and cost coverage for each product, assuming implementation of the new prices on January 27, 2019. A partially redacted table showing FY 2019 projected volumes, revenues, attributable costs, contribution, and cost coverage for each product, assuming a hypothetical implementation of the new prices on October 1, 2018. The Notice also includes an application for non-public treatment of the attributable costs, contribution, and cost coverage data in the unredacted version of the annex to the Governors' Decisions, as well as the supporting materials for the data. Notice at 1-2. Planned price adjustments. The Governors' Decisions include an overview of the Postal Service's planned price changes, which is summarized in the table below. Table I-1--Proposed Price Changes ------------------------------------------------------------------------ Average price Product name increase (percent) ------------------------------------------------------------------------ Domestic Competitive Products ------------------------------------------------------------------------ Priority Mail Express 3.9 Retail.............................................. 3.9 Commercial Base..................................... 3.9 Commercial Plus..................................... 3.9 Priority Mail 5.9 Retail.............................................. 6.6 Commercial Base..................................... 3.2 Commercial Plus..................................... 6.2 Parcel Select Traditional......................................... 9.3 Lightweight......................................... 12.3 Parcel Return Service 6.8 [[Page 52579]] Return Sectional Center Facility.................... 7.3 Return Delivery Unit................................ 6.4 First-Class Package Service 12.3 Commercial.......................................... 11.9 Retail.............................................. 13.3 Retail Ground........................................... 3.9 ------------------------------------------------------------------------ Domestic Extra Services ------------------------------------------------------------------------ Premium Forwarding Service Enrollment Fee............... 4.9-11.1 Adult Signature Service Basic............................................... 8.5 Person-Specific..................................... 8.3 Competitive Post Office Box............................. 10.0 Package Intercept Service............................... 4.8 ------------------------------------------------------------------------ International Competitive Products ------------------------------------------------------------------------ Global Express Guaranteed............................... 4.9 Priority Mail Express International..................... 3.9 Priority Mail International............................. 3.9 International Priority Airmail 19.9 International Priority Airmail M-Bags............... 19.9 International Surface Air Lift 19.9 International Surface Air Lift M-Bags............... 19.9 Airmail M-Bags.......................................... 5.0 First-Class Package International Service............... 3.9 ------------------------------------------------------------------------ International Ancillary Services and Special Services ------------------------------------------------------------------------ International Ancillary Services........................ 10.4 ------------------------------------------------------------------------ Source: See Governors' Decision No. 18-1 at 2-5; Mail Classification Schedule sections 2105.6, 2110.6, 2115.6, 2125.6, 2135.6, 2305.6, 2315.6, 2335.6, and 2510.9.6. II. Initial Administrative Actions The Commission establishes Docket No. CP2019-3 to consider the Postal Service's Notice. Interested persons may express views and offer comments on whether the planned changes are consistent with 39 U.S.C. 3632, 3633, and 3642, 39 CFR part 3015, and 39 CFR 3020 subparts B and E. Comments are due no later than October 25, 2018. For specific details of the planned price changes, interested persons are encouraged to review the Notice, which is available on the Commission's website at www.prc.gov. Pursuant to 39 U.S.C. 505, Lawrence Fenster is appointed to serve as Public Representative to represent the interests of the general public in this docket. III. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket No. CP2019-3 to provide interested persons an opportunity to express views and offer comments on whether the planned changes are consistent with 39 U.S.C. 3632, 3633, and 3642, 39 CFR part 3015, and 39 CFR 3020 subparts B and E. 2. Comments are due no later than October 25, 2018. 3. Pursuant to 39 U.S.C. 505, the Commission appoints Lawrence Fenster to serve as an officer of the Commission (Public Representative) to represent the interests of the general public in this docket. 4. The Secretary shall arrange for publication of this Order in the Federal Register. By the Commission. Stacy L. Ruble, Secretary. [FR Doc. 2018-22542 Filed 10-16-18; 8:45 am] BILLING CODE 7710-FW-P
![52578 Federal Register / Vol. 83, No. 201 / Wednesday, October 17, 2018 / Notices
(Flats), pursuant to 39 CFR 3020.111.1 for prompt publication of this notice in Notice at 1. The changes are scheduled
Specifically, the Postal Service intends the Federal Register. to take effect on January 27, 2019. Id.
to reduce the maximum weight limit By the Commission. Attached to the Notice is Governors’
from 64 ounces to 15.994 ounces to Stacy L. Ruble,
Decisions No. 18–1, which state the new
‘‘allow items tendered as FCMI flats to prices are in accordance with 39 U.S.C.
Secretary.
more closely correspond to the ‘‘G’’ 3632 and 3633 and 39 CFR 3015.2.2 The
[FR Doc. 2018–22663 Filed 10–16–18; 8:45 am]
format items in the Universal Postal Governors’ Decisions provide an
Union (UPU) system.’’ 2 The Postal BILLING CODE 7710–FW–P analysis of the competitive products’
Service states that the proposed update price changes intended to demonstrate
is consistent with the policies and the that the changes comply with 39 U.S.C.
POSTAL REGULATORY COMMISSION
applicable criteria of chapter 36 of 39 3633 and 39 CFR part 3015. Governor’s
U.S.C. because it helps achieve the Decisions No. 18–1 at 1. The attachment
[Docket No. CP2019–3; Order No. 4854]
objectives of section 3622(b) and takes to the Governors’ Decisions sets forth
into account the factors of section Competitive Price Adjustment the price changes and includes draft
3622(c). Id. at 3–6. Mail Classification Schedule (MCS)
AGENCY: Postal Regulatory Commission. language for competitive products of
II. Notice of Commission Action
ACTION: Notice. general applicability.
Pursuant to 39 CFR 3020.111(b), the The Governors’ Decisions include two
Commission establishes Docket No. SUMMARY: The Commission is additional attachments:
MC2019–3 to consider the proposed recognizing a recently filed Postal • A partially redacted table showing
update to the maximum weight limit for Service document with the Commission FY 2019 projected volumes, revenues,
Outbound Single-Piece FCMI Large concerning changes in rates of general attributable costs, contribution, and cost
Envelope (Flats), as provided in the applicability for competitive products. coverage for each product, assuming
Notice. The Commission invites The changes are scheduled to take effect implementation of the new prices on
comments from interested persons on January 27, 2019. This notice informs January 27, 2019.
whether the proposed update is the public of the filing, invites public • A partially redacted table showing
consistent with the policies and comment, and takes other FY 2019 projected volumes, revenues,
applicable criteria of chapter 36 of title administrative steps. attributable costs, contribution, and cost
39 of the United States Code. Comments DATES: Comments are due: October 25, coverage for each product, assuming a
are due no later than November 13, 2018. hypothetical implementation of the new
2018. The public portions of these ADDRESSES: Submit comments prices on October 1, 2018.
filings can be accessed via the electronically via the Commission’s The Notice also includes an
Commission’s website at http:// Filing Online system at http:// application for non-public treatment of
www.prc.gov. www.prc.gov. Those who cannot submit the attributable costs, contribution, and
Pursuant to 39 U.S.C. 505, the comments electronically should contact cost coverage data in the unredacted
Commission appoints Richard A. Oliver the person identified in the FOR FURTHER version of the annex to the Governors’
to represent the interests of the general INFORMATION CONTACT section by Decisions, as well as the supporting
public (Public Representative) in this telephone for advice on filing materials for the data. Notice at 1–2.
docket. alternatives. Planned price adjustments. The
III. Ordering Paragraphs Governors’ Decisions include an
FOR FURTHER INFORMATION CONTACT: overview of the Postal Service’s planned
It is ordered: David A. Trissell, General Counsel, at price changes, which is summarized in
1. The Commission establishes Docket 202–789–6820. the table below.
No. MC2019–3 to consider the proposed SUPPLEMENTARY INFORMATION:
update to the maximum weight limit for TABLE I–1—PROPOSED PRICE
Outbound Single-Piece First-Class Mail Table of Contents
CHANGES
International Large Envelopes (Flats), as I. Introduction and Overview
provided in the Postal Service’s October II. Initial Administrative Actions Average price
10, 2018 Notice. III. Ordering Paragraphs Product name increase
2. Comments from interested persons (percent)
I. Introduction and Overview
are due by November 13, 2018.
On October 10, 2018, the Postal Domestic Competitive Products
3. Pursuant to 39 U.S.C. 505, Richard
A. Oliver is appointed to serve as an Service filed notice with the
Priority Mail Express 3.9
officer of the Commission (Public Commission concerning changes in
Retail ............................. 3.9
Representative) to represent the rates of general applicability for Commercial Base .......... 3.9
interests of the general public in this competitive products.1 The Postal Commercial Plus ........... 3.9
proceeding. Service represents that, as required by Priority Mail 5.9
4. The Commission directs the 39 CFR 3015.2(b), the Notice includes Retail ............................. 6.6
Secretary of the Commission to arrange an explanation and justification for the Commercial Base .......... 3.2
changes, the effective date, and a Commercial Plus ........... 6.2
schedule of the changed rates. See Parcel Select
1 Notice of the United States Postal Service of
Traditional ...................... 9.3
daltland on DSKBBV9HB2PROD with NOTICES
Update to the Maximum Weight Limit for
Lightweight .................... 12.3
Outbound Single-Piece First-Class Mail 1 Notice of Changes in Rates of General
International Large Envelopes (Flats) in the Mail Parcel Return Service 6.8
Applicability for Competitive Products Established
Classification System, October 10, 2018 (Notice). in Governors’ Decision No. 18–1, October 10, 2018
2 Notice at 2. The Postal Service states that the (Notice). Pursuant to 39 U.S.C. 3632(b)(2), the 2 Notice, Decision of the Governors of the United
proposed 15.994 ounces weight limit would Postal Service is obligated to publish the Governors’ States Postal Service on Changes in Rates of General
approach the current Universal Postal Convention Decision and record of proceedings in the Federal Applicability for Competitive Products (Governors’
Regulation maximum weight of 500 grams (17.6 Register at least 30 days before the effective date of Decision No. 18–1), at 1 (Governors’ Decision No.
ounces) for large letter post letters (format G). Id. the new rates. 18–1).
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![Federal Register / Vol. 83, No. 201 / Wednesday, October 17, 2018 / Notices 52579
TABLE I–1—PROPOSED PRICE 1. The Commission establishes Docket proposed rule change is available on the
CHANGES—Continued No. CP2019–3 to provide interested Exchange’s website at www.nyse.com, at
persons an opportunity to express views the principal office of the Exchange, and
Average price and offer comments on whether the at the Commission’s Public Reference
Product name increase planned changes are consistent with 39 Room.
(percent) U.S.C. 3632, 3633, and 3642, 39 CFR
II. Self-Regulatory Organization’s
part 3015, and 39 CFR 3020 subparts B
Return Sectional Center Statement of the Purpose of, and
Facility ........................ 7.3 and E.
Statutory Basis for, the Proposed Rule
Return Delivery Unit ...... 6.4 2. Comments are due no later than
Change
First-Class Package Service 12.3 October 25, 2018.
Commercial ................... 11.9 3. Pursuant to 39 U.S.C. 505, the In its filing with the Commission, the
Retail ............................. 13.3 Commission appoints Lawrence Fenster self-regulatory organization included
Retail Ground ....................... 3.9 to serve as an officer of the Commission statements concerning the purpose of,
(Public Representative) to represent the and basis for, the proposed rule change
Domestic Extra Services interests of the general public in this and discussed any comments it received
Premium Forwarding Service docket. on the proposed rule change. The text
Enrollment Fee .................. 4.9–11.1 4. The Secretary shall arrange for of those statements may be examined at
Adult Signature Service publication of this Order in the Federal the places specified in Item IV below.
Basic .............................. 8.5 Register. The Exchange has prepared summaries,
Person-Specific ............. 8.3 By the Commission. set forth in sections A, B, and C below,
Competitive Post Office Box 10.0 of the most significant parts of such
Package Intercept Service ... 4.8 Stacy L. Ruble,
Secretary.
statements.
International Competitive Products [FR Doc. 2018–22542 Filed 10–16–18; 8:45 am] A. Self-Regulatory Organization’s
BILLING CODE 7710–FW–P Statement of the Purpose of, and the
Global Express Guaranteed 4.9 Statutory Basis for, the Proposed Rule
Priority Mail Express Inter-
Change
national .............................. 3.9
Priority Mail International ...... 3.9 SECURITIES AND EXCHANGE 1. Purpose
International Priority Airmail 19.9 COMMISSION
International Priority Air- The Exchange proposes to amend its
[Release No. 34–84411; File No. SR–NYSE– Price List to amend the fees for routing
mail M-Bags ............... 19.9
2018–47]
International Surface Air Lift 19.9 orders in UTP Securities priced below
International Surface Air $1.00.
Lift M-Bags ................. 19.9
Self-Regulatory Organizations; New
York Stock Exchange LLC; Notice of The Exchange proposes to implement
Airmail M-Bags ..................... 5.0
Filing and Immediate Effectiveness of these changes to its Price List effective
First-Class Package Inter-
national Service ................ 3.9 Proposed Rule Change To Amend the October 1, 2018.
Fees for Routing Orders in UTP Currently, for executions in securities
International Ancillary Services and Special Securities Priced Below $1.00 with a price below $1.00 that route to
Services and execute on an Away Market,4 the
October 11, 2018. Exchange charges a fee of 0.30% of the
International Ancillary Serv- Pursuant to Section 19(b)(1) 1 of the total dollar value of the transaction for
ices .................................... 10.4 Securities Exchange Act of 1934 (the executions in an Away Market auction
Source: See Governors’ Decision No. 18–1 ‘‘Act’’) 2 and Rule 19b–4 thereunder,3 as well as all other executions.
at 2–5; Mail Classification Schedule sections notice is hereby given that, on October The Exchange proposes to amend this
2105.6, 2110.6, 2115.6, 2125.6, 2135.6, 1, 2018, New York Stock Exchange LLC
2305.6, 2315.6, 2335.6, and 2510.9.6. fee to charge $0.0005 per share
(‘‘NYSE’’ or the ‘‘Exchange’’) filed with execution in an NYSE American
II. Initial Administrative Actions the Securities and Exchange auction, $0.0010 per share execution in
Commission (the ‘‘Commission’’) the an Away Market auction at venues other
The Commission establishes Docket
proposed rule change as described in than NYSE American, and 0.30% of
No. CP2019–3 to consider the Postal
Items I, II, and III below, which Items total dollar value of the transaction for
Service’s Notice. Interested persons may
have been prepared by the self- all other executions.
express views and offer comments on
regulatory organization. The * * * * *
whether the planned changes are
Commission is publishing this notice to
consistent with 39 U.S.C. 3632, 3633, The proposed changes are not
solicit comments on the proposed rule
and 3642, 39 CFR part 3015, and 39 CFR otherwise intended to address any other
change from interested persons.
3020 subparts B and E. Comments are issues, and the Exchange is not aware of
due no later than October 25, 2018. For I. Self-Regulatory Organization’s any problems that member
specific details of the planned price Statement of the Terms of Substance of organizations would have in complying
changes, interested persons are the Proposed Rule Change with the proposed change.
encouraged to review the Notice, which The Exchange proposes to amend its 2. Statutory Basis
is available on the Commission’s Price List to amend the fees for routing
website at www.prc.gov. orders in UTP Securities priced below The Exchange believes that the
daltland on DSKBBV9HB2PROD with NOTICES
Pursuant to 39 U.S.C. 505, Lawrence $1.00. The Exchange proposes to proposed rule change is consistent with
Fenster is appointed to serve as Public implement these changes to its Price
Representative to represent the interests List effective October 1, 2018. The 4 The term ‘‘Away Market’’ is defined in Rule
of the general public in this docket. 1.1(ff) to mean any exchange, alternative trading
system (‘‘ATS’’) or other broker-dealer (1) with
1 15 U.S.C. 78s(b)(1).
III. Ordering Paragraphs which the Exchange maintains an electronic
2 15 U.S.C. 78a. linkage, and (2) that provides instantaneous
It is ordered: 3 17 CFR 240.19b–4. responses to orders routed from the Exchange.
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Document Created: 2018-10-17 01:46:44
Document Modified: 2018-10-17 01:46:44
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice. | |
| Dates | Comments are due: October 25, 2018. | |
| Contact | David A. Trissell, General Counsel, at 202-789-6820. | |
| FR Citation | 83 FR 52578 |
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