USPS Denied Exigent Rate Increase Request
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WASHINGTON, DC—In a move that was as shocking as it was welcomed by the mailing community, the Postal Regulatory Commission (PRC) denied the U.S. Postal Service's (USPS) request for an average 5.6 percent rate increase. The commission unanimously found that the Postal Service failed to justify rate increases in excess of its statutory Consumer Price Index (CPI) price cap.
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