Late-breaking news learned here at the EMA annual meeting in Kansas City where the U.S. Postal Service is, is a hot topic for obvious reasons.
We told you here about how the USPS’s request to raise its prices more than the rate of inflation (“exigent rate case” a.k.a. an exception to the rule) was rejected by the Postal Regulatory Commission in the most beautifully crafted rejection letter you’ll ever read.
As of a few minutes ago, I’ve learned that the USPS is appealing this ruling. They really, really, really want to raise prices — “in a beaten-down economy” — above and beyond what they are legislatively mandated to do. Despite the fact that this regulatory body, and not to mention the business community and American public, believes that the USPS should not be solving their financial problems on the backs of their customers, the USPS seems to think an appeal is an easier path to pursue than cleaning up their own house.
You can just imagine the buzz here at the EMA conference. More news here as it unfolds…
-Sari McConnell at email@example.com
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