USPS to Court: Give Us More Money!
USPS needs more money, it says in its appeals court filing of a Postal Regulatory Commission ruling. That ruling would’ve kept a 4.3 percent rate increase in place until fiscal year 2016, but USPS tells the court that’s not long enough.
“At this time, the postal service has no comment beyond what is in the filing,” a USPS spokeswoman tells Target Marketing on Tuesday.
The postal service requested the court review the PRC’s ruling in its complaint against the PRC that USPS filed on Aug. 28 with the U.S. Court of Appeals, D.C. Circuit.
“We are not surprised by this development,” Hamilton Davison, president and executive director of the American Catalog Mailers Association tells members in an industry alert e-newsletter blast on Tuesday. “As we reported earlier, the USPS believes it cannot profitably operate without the exigent surcharge. But we are disappointed, because this adds more uncertainty to running businesses dependent on mail, and we can only hope the court will act much quicker than the last time around. Since the PRC’s last action conformed very closely to the court’s direction, it is hard to understand the basis USPS lawyers feel exists for any different outcome.”
What thoughts do marketers have on this development?
Please respond in the comments section below.
Related story: USPS Exigent Rate Increase Stays, Orders PRC