Product List Changes, 26795-26796 [2012-10945]
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Federal Register / Vol. 77, No. 88 / Monday, May 7, 2012 / Notices
methodology of CE NPSD–683–A,
Revision 6, as the basis for the St. Lucie,
Unit 2, P–T limits.
Pursuant to 10 CFR 51.32, the
Commission has determined that the
granting of this exemption will not have
a significant effect on the quality of the
human environment (76 FR 53497;
August 26, 2011). This exemption is
effective upon issuance.
Dated at Rockville, Maryland, this 30th day
of April 2012.
For the Nuclear Regulatory Commission.
Michele G. Evans,
Director, Division of Operating Reactor
Licensing, Office of Nuclear Reactor
Regulation.
[FR Doc. 2012–10928 Filed 5–4–12; 8:45 am]
BILLING CODE 7590–01–P
POSTAL REGULATORY COMMISSION
[Docket No. MC2012–13; Order No. 1328]
Product List Changes
Postal Regulatory Commission.
Notice.
AGENCY:
ACTION:
The Commission is noticing a
recently-filed Postal Service request to
remove Parcel Post from the market
dominant product list and to add a
nearly identical ‘‘Parcel Post’’ to the
competitive product list. Alaska Bypass
Service would remain on the market
dominant product list. This notice
addresses procedural steps associated
with this filing.
DATES: Comments are due: May 31,
2012.
Reply Comments are due: June 15,
2012.
ADDRESSES: Submit comments
electronically via the Commission’s
Filing Online system at https://
www.prc.gov. Commenters who cannot
submit their views electronically should
contact the person identified in FOR
FURTHER INFORMATION CONTACT by
telephone for advice on alternatives to
electronic filing.
FOR FURTHER INFORMATION CONTACT:
Stephen L. Sharfman, General Counsel,
stephen.sharfman@prc.gov or 202–789–
6820.
SUPPLEMENTARY INFORMATION: On April
26, 2012, the Postal Service filed a
notice with the Commission under 39
U.S.C. 3642 and 39 CFR 3020.30 et seq.
requesting that certain changes be made
to the market dominant and competitive
product lists.1 Specifically, the Postal
Service proposes to (1) remove Parcel
sroberts on DSK5SPTVN1PROD with NOTICES
SUMMARY:
1 Request of the United States Postal Service to
Transfer Parcel Post to the Competitive Product
List, April 26, 2012 (Request).
VerDate Mar<15>2010
18:11 May 04, 2012
Jkt 226001
Post from the market dominant product
list; (2) add ‘‘Parcel Post,’’ a nearly
identical product, to the competitive
product list; and (3) leave Alaska Bypass
Service, which is currently part of
Parcel Post, on the market dominant
product list.2 Id. at 1.
Parcel Post is an economical ground
package delivery service for less-thanurgent and oversize packages that
competes with comparable products
offered by competitors. Id. at 1–2. The
Postal Service asserts that Parcel Post
fulfills all criteria for competitive
products under 39 U.S.C. 3642. Id. at 2.
It requests that Parcel Post be removed
from the market dominant product list
and that a similar product called Parcel
Post be added to the competitive
product list. The Postal Service states
that the new competitive Parcel Post
product would be nearly identical to the
current Parcel Post offering, except that
Alaska Bypass Service would remain on
the market dominant product list. Id.
Supporting materials. To support its
Request, the Postal Service filed the
following attachments:
• Attachment A—Resolution of the
Governors of the United States Postal
Service, March 21, 2012 (Resolution No.
12–02);
• Attachment B—Statement of
Supporting Justification; and
• Attachment C—Proposed Mail
Classification Schedule changes.
In its Statement of Supporting
Justification, the Postal Service states
that Alaska shippers will still have
access to Alaska Bypass Service on the
market dominant product list after
Parcel Post is removed. Thus, it asserts
that the proposed changes will continue
to meet the objectives and factors in 39
U.S.C. 3622(b) and (c). Id., Attachment
B at 2.
The Postal Service explains why the
proposed changes will not violate the
standards of 39 U.S.C. 3633. It notes that
in FY 2011, Parcel Post had an
estimated cost coverage of 89.2 percent.
It recognizes that a price increase will
be necessary to ensure that Parcel Post
covers its attributable costs and
prohibits market dominant products
from subsidizing competitive products.
It asserts that the proposed changes
should also cover an appropriate share
of its institutional costs assuming that
the current 5.5 percent contribution rate
remains the same.3 Request, Attachment
B at 3.
2 Alaska Bypass Service allows shippers to send
shrink-wrapped pallets of goods intra-Alaska at
Parcel Post rates from designated ‘‘hub points’’ to
designated ‘‘bush points.’’ Id., Attachment B at 2.
3 See 39 U.S.C. 3633(a)(3); 39 CFR 3015.7(c). The
Commission is currently re-evaluating the
institutional cost contribution requirement for
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Fmt 4703
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26795
The Postal Service contends that
Parcel Post has small market shares in
both the ground package retail market
(17.6 percent) and the broader ground
package market (1.1 percent), even
though Parcel Post prices are lower than
those charged by UPS and FedEx for
comparable products.4 Id., Attachment B
at 5. It notes that a comparison of the
service standards indicates that UPS
and FedEx provide faster guaranteed
delivery times than those currently
offered by Parcel Post. Id. For these
reasons, the Postal Service contends that
current Parcel Post customers would
have viable alternatives from
competitors if the Postal Service were to
raise prices, degrade service, or decrease
output. Id., Attachment B at 6.
In describing the views of current
Parcel Post customers, the Postal
Service asserts that their major concern
would likely be the price increases
resulting from the proposed changes.
The Postal Service acknowledges that a
modest price increase will be necessary
to attain full cost coverage. However, it
contends that Priority Mail prices will
effectively serve as a price cap because
the Postal Service cannot raise Parcel
Post prices above Priority Mail prices
without shifting Parcel Post volume to
Priority Mail. It explains that Parcel Post
will continue to have the same service
standards if the proposed changes are
implemented, ensuring that customers
in rural communities will continue to
receive reliable ground package delivery
service. Id., Attachment B at 8.
The Postal Service estimates that only
15 percent of Parcel Post’s volume is
attributable to small businesses. Thus, it
concludes that most small businesses
should not see significant changes to
their mailing options as a result of the
proposed changes. Id., Attachment B at
9. The Postal Service contends that the
contents of Parcel Post will fall outside
the scope of the letter monopoly and
that any letters contained in these
parcels will fall within the scope of the
exceptions or suspensions to the Private
Express Statutes. Id., Attachment B at 6–
7.
Notice of filings. The Commission
establishes Docket No. MC2012–13 to
consider the Postal Service’s proposals
described in its Request. Interested
persons may submit comments on
competitive products. See Docket No. RM2012–3,
Order No. 1108, Notice of Proposed Rulemaking to
Evaluate the Institutional Cost Contribution
Requirement for Competitive Products, January 6,
2012.
4 The Postal Service states that Parcel Post
primarily competes in the ground package retail
market, which includes households and small
businesses with fewer than nine employees. Id.,
Attachment B at 4.
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07MYN1
26796
Federal Register / Vol. 77, No. 88 / Monday, May 7, 2012 / Notices
whether the Request is consistent with
the policies of 39 U.S.C. 3642, 3633, and
39 CFR 3020.30 et seq. Comments are
due by May 31, 2012. Reply comments
are due by June 15, 2012.
The Request and related filings are
available on the Commission’s Web site
(https://www.prc.gov). The Commission
encourages interested persons to review
the Request for further details.
The Commission appoints Kenneth E.
Richardson to serve as Public
Representative in this proceeding.
It is ordered:
1. The Commission establishes Docket
No. MC2012–13 to consider matters
raised by the Request.
2. Pursuant to 39 U.S.C. 505, Kenneth
E. Richardson is appointed to serve as
an officer of the Commission (Public
Representative) to represent the
interests of the general public in this
proceeding.
3. Comments by interested persons
are due by May 31, 2012.
4. Reply comments are due by June
15, 2012.
5. The Secretary shall arrange for
publication of this order in the Federal
Register.
By the Commission.
Shoshana M. Grove,
Secretary.
[FR Doc. 2012–10945 Filed 5–4–12; 8:45 am]
BILLING CODE 7710–FW–P
www.prc.gov, Docket Nos. MC2012–14,
R2012–8.
Stanley F. Mires,
Attorney, Legal Policy & Legislative Advice.
[FR Doc. 2012–10860 Filed 5–4–12; 8:45 am]
BILLING CODE 7710–12–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
HydroGenetics, Inc.; Order of
Suspension of Trading
May 2, 2012.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of
HydroGenetics, Inc. (‘‘HydroGenetics’’)
because it has not filed a periodic report
since its Form 10 registration statement
became effective in January 2005.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in the securities of HydroGenetics.
Therefore, it is ordered, pursuant to
Section 12(k) of the Securities Exchange
Act of 1934, that trading in the
securities of HydroGenetics is
suspended for the period from 9:30 a.m.
EDT on May 2, 2012, through 11:59 p.m.
EDT on May 15, 2012.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
POSTAL SERVICE
Product Change—Standard Mail
Saturation Flats Negotiated Service
Agreement
By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2012–11020 Filed 5–3–12; 11:15 am]
BILLING CODE 8011–01–P
[FR Doc. 2012–10985 Filed 5–2–12; 4:15 pm]
BILLING CODE 8011–01–P
Postal Service TM.
ACTION: Notice.
SECURITIES AND EXCHANGE
COMMISSION
The Postal Service hereby
provides notice of filing of a request
with the Postal Regulatory Commission
to add a Standard Mail Saturation Flats
negotiated service agreement to the
market-dominant product list within the
Mail Classification Schedule.
DATES: May 7, 2012.
FOR FURTHER INFORMATION CONTACT:
Brandy Osimokun, 202–268–2982.
SUPPLEMENTARY INFORMATION: The
United States Postal Service® hereby
gives notice that on April 30, 2012, it
filed with the Postal Regulatory
Commission a Notice of the United
States Postal Service of Filing of
Contract and Supporting Data and
Request to Add Valassis Direct Mail,
Inc. Negotiated Service Agreement to
the Market-Dominant Product List,
pursuant to 39 U.S.C. 3642 and
3622(c)(10). Documents are available at
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
AGENCY:
SUMMARY:
sroberts on DSK5SPTVN1PROD with NOTICES
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of American
Business Financial Services, Inc.
because it has not filed any periodic
reports since the period ended
September 30, 2004.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of
Appalachian Bancshares, Inc. because it
has not filed any periodic reports since
the period ended June 30, 2009.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Ariel Way,
Inc. because it has not filed any periodic
reports since the period ended June 30,
2008.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in the securities of the above-listed
companies. Therefore, it is ordered,
pursuant to Section 12(k) of the
Securities Exchange Act of 1934, that
trading in the securities of the abovelisted companies is suspended for the
period from 9:30 a.m. EDT on May 3,
2012, through 11:59 p.m. EDT on May
16, 2012.
VerDate Mar<15>2010
18:11 May 04, 2012
Jkt 226001
Order of Suspension of Trading;
Airtrax, Inc., Amedia Networks, Inc.,
American Business Financial Services,
Inc., Appalachian Bancshares, Inc.,
and Ariel Way, Inc.
May 3, 2012.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Airtrax, Inc.
because it has not filed any periodic
reports since the period ended March
31, 2008.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Amedia
Networks, Inc. because it has not filed
any periodic reports since the period
ended September 30, 2007.
PO 00000
Frm 00072
Fmt 4703
Sfmt 4703
[Release No. 34–66894; File No. SR–DTC–
2012–03]
Self-Regulatory Organizations; The
Depository Trust Company; Notice of
Filing of Proposed Rule Change To
Implement a Change in the Practices of
The Depository Trust Company as
They Relate to Post-Payable
Adjustments
May 1, 2012.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 19b–4 thereunder,2
notice is hereby given that on April 25,
2012, The Depository Trust Company
(‘‘DTC’’) filed with the Securities and
Exchange Commission (‘‘Commission’’)
the proposed rule change as described
in Items I and II below, which Items
have been prepared primarily by DTC.
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
E:\FR\FM\07MYN1.SGM
07MYN1
Agencies
[Federal Register Volume 77, Number 88 (Monday, May 7, 2012)]
[Notices]
[Pages 26795-26796]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-10945]
=======================================================================
-----------------------------------------------------------------------
POSTAL REGULATORY COMMISSION
[Docket No. MC2012-13; Order No. 1328]
Product List Changes
AGENCY: Postal Regulatory Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Commission is noticing a recently-filed Postal Service
request to remove Parcel Post from the market dominant product list and
to add a nearly identical ``Parcel Post'' to the competitive product
list. Alaska Bypass Service would remain on the market dominant product
list. This notice addresses procedural steps associated with this
filing.
DATES: Comments are due: May 31, 2012.
Reply Comments are due: June 15, 2012.
ADDRESSES: Submit comments electronically via the Commission's Filing
Online system at https://www.prc.gov. Commenters who cannot submit their
views electronically should contact the person identified in FOR
FURTHER INFORMATION CONTACT by telephone for advice on alternatives to
electronic filing.
FOR FURTHER INFORMATION CONTACT: Stephen L. Sharfman, General Counsel,
stephen.sharfman@prc.gov or 202-789-6820.
SUPPLEMENTARY INFORMATION: On April 26, 2012, the Postal Service filed
a notice with the Commission under 39 U.S.C. 3642 and 39 CFR 3020.30 et
seq. requesting that certain changes be made to the market dominant and
competitive product lists.\1\ Specifically, the Postal Service proposes
to (1) remove Parcel Post from the market dominant product list; (2)
add ``Parcel Post,'' a nearly identical product, to the competitive
product list; and (3) leave Alaska Bypass Service, which is currently
part of Parcel Post, on the market dominant product list.\2\ Id. at 1.
---------------------------------------------------------------------------
\1\ Request of the United States Postal Service to Transfer
Parcel Post to the Competitive Product List, April 26, 2012
(Request).
\2\ Alaska Bypass Service allows shippers to send shrink-wrapped
pallets of goods intra-Alaska at Parcel Post rates from designated
``hub points'' to designated ``bush points.'' Id., Attachment B at
2.
---------------------------------------------------------------------------
Parcel Post is an economical ground package delivery service for
less-than-urgent and oversize packages that competes with comparable
products offered by competitors. Id. at 1-2. The Postal Service asserts
that Parcel Post fulfills all criteria for competitive products under
39 U.S.C. 3642. Id. at 2. It requests that Parcel Post be removed from
the market dominant product list and that a similar product called
Parcel Post be added to the competitive product list. The Postal
Service states that the new competitive Parcel Post product would be
nearly identical to the current Parcel Post offering, except that
Alaska Bypass Service would remain on the market dominant product list.
Id.
Supporting materials. To support its Request, the Postal Service
filed the following attachments:
Attachment A--Resolution of the Governors of the United
States Postal Service, March 21, 2012 (Resolution No. 12-02);
Attachment B--Statement of Supporting Justification; and
Attachment C--Proposed Mail Classification Schedule
changes.
In its Statement of Supporting Justification, the Postal Service
states that Alaska shippers will still have access to Alaska Bypass
Service on the market dominant product list after Parcel Post is
removed. Thus, it asserts that the proposed changes will continue to
meet the objectives and factors in 39 U.S.C. 3622(b) and (c). Id.,
Attachment B at 2.
The Postal Service explains why the proposed changes will not
violate the standards of 39 U.S.C. 3633. It notes that in FY 2011,
Parcel Post had an estimated cost coverage of 89.2 percent. It
recognizes that a price increase will be necessary to ensure that
Parcel Post covers its attributable costs and prohibits market dominant
products from subsidizing competitive products. It asserts that the
proposed changes should also cover an appropriate share of its
institutional costs assuming that the current 5.5 percent contribution
rate remains the same.\3\ Request, Attachment B at 3.
---------------------------------------------------------------------------
\3\ See 39 U.S.C. 3633(a)(3); 39 CFR 3015.7(c). The Commission
is currently re-evaluating the institutional cost contribution
requirement for competitive products. See Docket No. RM2012-3, Order
No. 1108, Notice of Proposed Rulemaking to Evaluate the
Institutional Cost Contribution Requirement for Competitive
Products, January 6, 2012.
---------------------------------------------------------------------------
The Postal Service contends that Parcel Post has small market
shares in both the ground package retail market (17.6 percent) and the
broader ground package market (1.1 percent), even though Parcel Post
prices are lower than those charged by UPS and FedEx for comparable
products.\4\ Id., Attachment B at 5. It notes that a comparison of the
service standards indicates that UPS and FedEx provide faster
guaranteed delivery times than those currently offered by Parcel Post.
Id. For these reasons, the Postal Service contends that current Parcel
Post customers would have viable alternatives from competitors if the
Postal Service were to raise prices, degrade service, or decrease
output. Id., Attachment B at 6.
---------------------------------------------------------------------------
\4\ The Postal Service states that Parcel Post primarily
competes in the ground package retail market, which includes
households and small businesses with fewer than nine employees. Id.,
Attachment B at 4.
---------------------------------------------------------------------------
In describing the views of current Parcel Post customers, the
Postal Service asserts that their major concern would likely be the
price increases resulting from the proposed changes. The Postal Service
acknowledges that a modest price increase will be necessary to attain
full cost coverage. However, it contends that Priority Mail prices will
effectively serve as a price cap because the Postal Service cannot
raise Parcel Post prices above Priority Mail prices without shifting
Parcel Post volume to Priority Mail. It explains that Parcel Post will
continue to have the same service standards if the proposed changes are
implemented, ensuring that customers in rural communities will continue
to receive reliable ground package delivery service. Id., Attachment B
at 8.
The Postal Service estimates that only 15 percent of Parcel Post's
volume is attributable to small businesses. Thus, it concludes that
most small businesses should not see significant changes to their
mailing options as a result of the proposed changes. Id., Attachment B
at 9. The Postal Service contends that the contents of Parcel Post will
fall outside the scope of the letter monopoly and that any letters
contained in these parcels will fall within the scope of the exceptions
or suspensions to the Private Express Statutes. Id., Attachment B at 6-
7.
Notice of filings. The Commission establishes Docket No. MC2012-13
to consider the Postal Service's proposals described in its Request.
Interested persons may submit comments on
[[Page 26796]]
whether the Request is consistent with the policies of 39 U.S.C. 3642,
3633, and 39 CFR 3020.30 et seq. Comments are due by May 31, 2012.
Reply comments are due by June 15, 2012.
The Request and related filings are available on the Commission's
Web site (https://www.prc.gov). The Commission encourages interested
persons to review the Request for further details.
The Commission appoints Kenneth E. Richardson to serve as Public
Representative in this proceeding.
It is ordered:
1. The Commission establishes Docket No. MC2012-13 to consider
matters raised by the Request.
2. Pursuant to 39 U.S.C. 505, Kenneth E. Richardson is appointed to
serve as an officer of the Commission (Public Representative) to
represent the interests of the general public in this proceeding.
3. Comments by interested persons are due by May 31, 2012.
4. Reply comments are due by June 15, 2012.
5. The Secretary shall arrange for publication of this order in the
Federal Register.
By the Commission.
Shoshana M. Grove,
Secretary.
[FR Doc. 2012-10945 Filed 5-4-12; 8:45 am]
BILLING CODE 7710-FW-P