Pricing & Classification DMM Advisory
August 23, 2017
Reminder: First-Class Mail Parcels transfer to the Competitive Price Listing
On August 9, 2017, the Postal Regulatory Commission (“PRC”) approved the transfer of the First-Class Mail Parcels (“FCMP”) product from the market-dominant product list to the competitive product list. The approved new rates (13 rate cells in total) can be viewed on the Postal Explorer website at pe.usps.com and will go into effect on September 3, 2017.
After implementation, the FCMP product will become a new “Retail” rate category within the existing First-Class Package Service (“FCPS”) product. The new “Retail” price category will be called “First-Class Package Service – Retail” while the existing FCPS price category will be renamed “First-Class Package Service – Commercial.” The new FCPS-Retail product has the same characteristics as the former First-Class Mail Parcels product.