Competitive Price Adjustment, 48286-48287 [2017-22373]
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48286
Federal Register / Vol. 82, No. 199 / Tuesday, October 17, 2017 / Notices
sradovich on DSK3GMQ082PROD with NOTICES
Notice at 6.
Price adjustments for products within
classes vary from the average. See, e.g.,
id. at 8 (Table 5 showing range for FirstClass Mail products). Most of the
planned adjustments entail increases to
market dominant rates and fees;
however, in a few instances, the Postal
Service proposes no adjustment. See id.
at 8, 27.
Close out of Calendar Year (CY) 2017
promotions. The Postal Service states
that the new prices reflect the close out
of the CY 2017 promotions for FirstClass Mail and USPS Marketing Mail.
Id. at 29.
Amendment to pallet preparation.
The Postal Service proposes to amend
the DMM to increase the preparation of
USPS Marketing Mail and Periodicals
Carrier Route bundles on 5-Digit Carrier
Route pallets in non-FSS zones. Id. at
30. The Postal Service states that the
billing determinants for USPS
Marketing Mail and Periodicals have
been adjusted to reflect this change. Id.
Proposed product description
changes. Stating that there are no
substantive classification changes
associated with its request, the Postal
Service displays the new prices and
related product description changes to
the market dominant section of the MCS
in Attachment A. Id. at 33.
II. Initial Administrative Actions
The Commission hereby provides
public notice of the Postal Service’s
filing and pursuant to 39 CFR 3010.11
establishes Docket No. R2018–1 to
consider the planned price adjustments
in rates and fees for market dominant
postal products and services, as well as
the related classification changes,
identified in the Postal Service’s
October 6, 2017 Notice. The
Commission invites comments from
interested persons on whether the
Notice is consistent with 39 U.S.C. 3622
and the requirements of 39 CFR part
3010. Comments are due no later than
October 26, 2017.
The Commission has posted the
public portions of the Postal Service’s
filing on its Web site at https://
www.prc.gov. The Commission will post
revisions to the filing (if any) or other
documents the Postal Service submits in
this docket on its Web site, along with
related Commission documents,
comments, or other submissions, unless
such filings are the subject of an
application for non-public treatment.
The Commission’s policy on access to
documents filed under seal appears in
39 CFR part 3007.
Pursuant to 39 U.S.C. 505, the
Commission appoints Lee McFarland to
represent the interests of the general
VerDate Sep<11>2014
17:10 Oct 16, 2017
Jkt 244001
public (Public Representative) in this
proceeding.
II. Initial Administrative Actions
III. Ordering Paragraphs
III. Ordering Paragraphs
I. Introduction and Overview
On October 6, 2017, the Postal Service
filed notice with the Commission
concerning changes in rates of general
applicability for competitive products.1
The Postal Service represents that, as
required by 39 CFR 3015.2(b), the
Notice includes an explanation and
justification for the changes, the
effective date, and a schedule of the
changed rates. See Notice at 1. The
changes are scheduled to take effect on
January 21, 2018. Id.
Attached to the Notice are Governors’
Decisions Nos. 16–10 and 16–8, which
state the new prices are in accordance
with 39 U.S.C. 3632 and 3633 and 39
CFR 3015.2.2 The Governors’ Decisions
provide an analysis of the competitive
products’ price changes intended to
demonstrate that the changes comply
with 39 U.S.C. 3633 and 39 CFR part
3015.3 The attachment to the Governors’
Decisions sets forth the price changes
and includes draft Mail Classification
Schedule (MCS) language for
competitive products of general
applicability.
The Governors’ Decisions include two
additional attachments:
• A partially redacted table showing
FY 2017 projected volumes, revenues,
attributable costs, contribution, and cost
coverage for each product, assuming
implementation of the new prices on
January 21, 2018.
• A partially redacted table showing
FY 2017 projected volumes, revenues,
attributable costs, contribution, and cost
coverage for each product, assuming a
hypothetical implementation of the new
prices on October 1, 2017.
The Notice also includes an
application for non-public treatment of
the attributable costs, contribution, and
cost coverage data in the unredacted
version of the annex to the Governors’
Decisions, as well as the supporting
materials for the data.
It is ordered:
1. The Commission establishes Docket
No. R2018–1 to consider planned price
adjustments in rates and fees for market
dominant postal products and services
and related changes identified in the
Postal Service’s October 6, 2017 Notice.
2. Comments on the planned price
adjustments and related classification
changes are due no later than October
26, 2017.
3. Pursuant to 39 U.S.C. 505, Lee
McFarland is appointed to serve as an
officer of the Commission (Public
Representative) to represent the
interests of the general public in this
proceeding.
4. The Commission directs the
Secretary of the Commission to arrange
for prompt publication of this notice in
the Federal Register.
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2017–22370 Filed 10–16–17; 8:45 am]
BILLING CODE 7710–FW–P
POSTAL REGULATORY COMMISSION
[Docket No. CP2018–8; Order No. 4154]
Competitive Price Adjustment
Postal Regulatory Commission.
Notice.
AGENCY:
ACTION:
The Commission is noticing a
recently filed Postal Service notice of
rate adjustments affecting competitive
domestic and international products
and services. The adjustments are
scheduled to take effect January 21,
2018. This notice informs the public of
the filing, invites public comment, and
takes other administrative steps.
DATES: Comments are due: October 24,
2017.
ADDRESSES: Submit comments
electronically via the Commission’s
Filing Online system at https://
www.prc.gov. Those who cannot submit
comments electronically should contact
the person identified in the FOR FURTHER
INFORMATION CONTACT section by
telephone for advice on filing
alternatives.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
David A. Trissell, General Counsel, at
202–789–6820.
SUPPLEMENTARY INFORMATION:
Table of Contents
I. Introduction and Overview
PO 00000
Frm 00075
Fmt 4703
Sfmt 4703
1 Notice of Changes in Rates of General
Applicability for Competitive Products Established
in Governors’ Decision Nos. 16–8 and 16–10,
October 6, 2017 (Notice). Pursuant to 39 U.S.C.
3632(b)(2), the Postal Service is obligated to publish
the Governors’ Decisions and record of proceedings
in the Federal Register at least 30 days before the
effective date of the new rates.
2 Notice, Decision of the Governors of the United
States Postal Service on Changes in Rates of General
Applicability for Competitive Products (Governors’
Decision No. 16–8), November 14, 2016 (Governors’
Decision No. 16–8); Notice, Decision of the
Governors of the United States Postal Service on
Changes in Rates of General Applicability for
Competitive Products (Governors’ Decision No. 16–
10), December 5, 2016 (Governors’ Decision No. 16–
10) (collectively, Governors’ Decisions).
3 Governors’ Decision No. 16–8 at 1; Governors’
Decision No. 16–10 at 1.
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Federal Register / Vol. 82, No. 199 / Tuesday, October 17, 2017 / Notices
Planned price adjustments. The
Governors’ Decisions include an
overview of the Postal Service’s planned
price changes, which is summarized in
the table below.
TABLE I–1—PROPOSED PRICE
CHANGES
Average
price
increase
(percent)
Product name
Domestic Competitive Products
Priority Mail Express .....................
Retail .........................................
Commercial Base ......................
Commercial Plus .......................
Priority Mail ...................................
Retail .........................................
Commercial Base ......................
Commercial Plus .......................
Parcel Select ................................
Traditional .................................
Lightweight ................................
Parcel Return Service ..................
Return Sectional Center Facility
Return Delivery Unit ..................
First-Class Package Service ........
Commercial ...............................
Retail .........................................
Retail Ground ...............................
3.9
3.9
3.7
3.7
3.9
0.8
6.2
6.1
................
4.9
7.0
4.9
5.2
4.6
................
3.9
14.5
3.9
Domestic Extra Services
Premium Forwarding Service Enrollment Fee ..............................
Adult Signature Service ................
Basic .........................................
Person-Specific .........................
Competitive Post Office Box ........
Package Intercept Service ...........
3.9
................
3.4
3.3
6.5
3.9
International Competitive Products
Global Express Guaranteed .........
Priority Mail Express International
Priority Mail International ..............
International Priority Airmail .........
International Priority Airmail MBags ......................................
International Surface Air Lift .........
International Surface Air Lift MBags ......................................
Airmail M-Bags .............................
First-Class Package International
Service ......................................
3.9
3.9
3.9
3.9
sradovich on DSK3GMQ082PROD with NOTICES
3.9
II. Initial Administrative Actions
The Commission establishes Docket
No. CP2018–8 to consider the Postal
Service’s Notice. Interested persons may
express views and offer comments on
17:10 Oct 16, 2017
Jkt 244001
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2017–22373 Filed 10–16–17; 8:45 am]
BILLING CODE 7710–FW–P
agency. DTC filed the proposed rule
change pursuant to Section 19(b)(3)(A)
of the Act 3 and Rule 19b–4(f)(2)
thereunder.4 The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
I. Clearing Agency’s Statement of the
Terms of Substance of the Proposed
Rule Change
The proposed rule change 5 would
revise the DTC Fee Schedule (‘‘Fee
Schedule’’) 6 to eliminate a fee charged
to Participants that submit an eligibility
request or required offering documents
for a new issue (‘‘Issue’’) of Securities
two business days prior to the Closing
Date (‘‘Two-Day Surcharge’’), as
discussed below.
II. Clearing Agency’s Statement of the
Purpose of, and Statutory Basis for, the
Proposed Rule Change
In its filing with the Commission, the
clearing agency included statements
concerning the purpose of and basis for
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of these
statements may be examined at the
places specified in Item IV below. The
clearing agency has prepared
summaries, set forth in sections A, B,
and C below, of the most significant
aspects of such statements.
(A) Clearing Agency’s Statement of the
Purpose of, and Statutory Basis for, the
Proposed Rule Change
1. Purpose
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–81854; File No. SR–DTC–
2017–019]
Self-Regulatory Organizations; The
Depository Trust Company; Notice of
Filing and Immediate Effectiveness of
3.9 Proposed Rule Change To Eliminate a
3.9 Surcharge for Eligibility Requests
Submitted to DTC Two Days Prior to
3.9 Closing Date
Source: See Governors’ Decision No. 16–8
at 2–5; Governors’ Decision No. 16–10 at 1;
Mail Classification Schedule sections 2105.6,
2110.6, 2115.6, 2125.6, 2135.6, 2305.6,
2315.6, 2335.6, and 2510.9.6.
VerDate Sep<11>2014
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket
No. CP2018–8 to provide interested
persons an opportunity to express views
and offer comments on whether the
planned changes are consistent with 39
U.S.C. 3632, 3633, and 3642, 39 CFR
part 3015, and 39 CFR 3020 subparts B
and E.
2. Comments are due no later than
October 24, 2017.
3. The Commission appoints Curtis E.
Kidd to serve as Public Representative
to represent the interests of the general
public in this proceeding.
4. The Secretary shall arrange for
publication of this order in the Federal
Register.
3.9
3.9
International Ancillary Services and Special
Services
International Ancillary Services ....
whether the planned changes are
consistent with 39 U.S.C. 3632, 3633,
and 3642, 39 CFR part 3015, and 39 CFR
3020 subparts B and E. Comments are
due no later than October 24, 2017. For
specific details of the planned price
changes, interested persons are
encouraged to review the Notice, which
is available on the Commission’s Web
site, www.prc.gov.
Pursuant to 39 U.S.C. 505, Curtis E.
Kidd is appointed to serve as Public
Representative to represent the interests
of the general public in this docket.
48287
October 11, 2017.
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 October
2, 2017, The Depository Trust Company
(‘‘DTC’’) filed with the Securities and
Exchange Commission (‘‘Commission’’)
the proposed rule change as described
in Items I, II and III below, which Items
have been prepared by the clearing
1 15
2 17
PO 00000
U.S.C. 78s(b)(1).
CFR 240.19b–4.
Frm 00076
Fmt 4703
Background
The proposed rule change would
revise the Fee Schedule 7 to eliminate
the Two-Day Surcharge, as discussed
below.
Participants 8 are required to provide
an eligibility request for specified
3 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(2).
5 Each term not otherwise defined herein has its
respective meaning as set forth in the Rules, ByLaws and Organization Certificate of DTC (the
‘‘Rules’’), available at https://www.dtcc.com/legal/
rules-and-procedures.aspx, and the DTC
Operational Arrangements (Necessary for Securities
to Become and Remain Eligible for DTC Services)
(‘‘OA’’), available at https://www.dtcc.com/∼/media/
Files/Downloads/legal/issue-eligibility/eligibility/
operational-arrangements.pdf.
6 Available at https://www.dtcc.com/∼/media/
Files/Downloads/legal/fee-guides/dtcfee
guide.pdf?la=en.
7 Supra note 6.
8 Only (i) Participants and (ii) underwriters with
an approved correspondent relationship with a
Participant, may request DTC eligibility for a new
security being offered and distributed. It is therefore
incumbent on an Issuer to have a relationship with
an underwriter or other financial institution that is
4 17
Continued
Sfmt 4703
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]]>Agencies
[Federal Register Volume 82, Number 199 (Tuesday, October 17, 2017)]
[Notices]
[Pages 48286-48287]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-22373]
-----------------------------------------------------------------------
POSTAL REGULATORY COMMISSION
[Docket No. CP2018-8; Order No. 4154]
Competitive Price Adjustment
AGENCY: Postal Regulatory Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Commission is noticing a recently filed Postal Service
notice of rate adjustments affecting competitive domestic and
international products and services. The adjustments are scheduled to
take effect January 21, 2018. This notice informs the public of the
filing, invites public comment, and takes other administrative steps.
DATES: Comments are due: October 24, 2017.
ADDRESSES: Submit comments electronically via the Commission's Filing
Online system at https://www.prc.gov. Those who cannot submit comments
electronically should contact the person identified in the FOR FURTHER
INFORMATION CONTACT section by telephone for advice on filing
alternatives.
FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at
202-789-6820.
SUPPLEMENTARY INFORMATION:
Table of Contents
I. Introduction and Overview
II. Initial Administrative Actions
III. Ordering Paragraphs
I. Introduction and Overview
On October 6, 2017, the Postal Service filed notice with the
Commission concerning changes in rates of general applicability for
competitive products.\1\ The Postal Service represents that, as
required by 39 CFR 3015.2(b), the Notice includes an explanation and
justification for the changes, the effective date, and a schedule of
the changed rates. See Notice at 1. The changes are scheduled to take
effect on January 21, 2018. Id.
---------------------------------------------------------------------------
\1\ Notice of Changes in Rates of General Applicability for
Competitive Products Established in Governors' Decision Nos. 16-8
and 16-10, October 6, 2017 (Notice). Pursuant to 39 U.S.C.
3632(b)(2), the Postal Service is obligated to publish the
Governors' Decisions and record of proceedings in the Federal
Register at least 30 days before the effective date of the new
rates.
---------------------------------------------------------------------------
Attached to the Notice are Governors' Decisions Nos. 16-10 and 16-
8, which state the new prices are in accordance with 39 U.S.C. 3632 and
3633 and 39 CFR 3015.2.\2\ The Governors' Decisions provide an analysis
of the competitive products' price changes intended to demonstrate that
the changes comply with 39 U.S.C. 3633 and 39 CFR part 3015.\3\ The
attachment to the Governors' Decisions sets forth the price changes and
includes draft Mail Classification Schedule (MCS) language for
competitive products of general applicability.
---------------------------------------------------------------------------
\2\ Notice, Decision of the Governors of the United States
Postal Service on Changes in Rates of General Applicability for
Competitive Products (Governors' Decision No. 16-8), November 14,
2016 (Governors' Decision No. 16-8); Notice, Decision of the
Governors of the United States Postal Service on Changes in Rates of
General Applicability for Competitive Products (Governors' Decision
No. 16-10), December 5, 2016 (Governors' Decision No. 16-10)
(collectively, Governors' Decisions).
\3\ Governors' Decision No. 16-8 at 1; Governors' Decision No.
16-10 at 1.
---------------------------------------------------------------------------
The Governors' Decisions include two additional attachments:
A partially redacted table showing FY 2017 projected
volumes, revenues, attributable costs, contribution, and cost coverage
for each product, assuming implementation of the new prices on January
21, 2018.
A partially redacted table showing FY 2017 projected
volumes, revenues, attributable costs, contribution, and cost coverage
for each product, assuming a hypothetical implementation of the new
prices on October 1, 2017.
The Notice also includes an application for non-public treatment of
the attributable costs, contribution, and cost coverage data in the
unredacted version of the annex to the Governors' Decisions, as well as
the supporting materials for the data.
[[Page 48287]]
Planned price adjustments. The Governors' Decisions include an
overview of the Postal Service's planned price changes, which is
summarized in the table below.
Table I-1--Proposed Price Changes
------------------------------------------------------------------------
Average
price
Product name increase
(percent)
------------------------------------------------------------------------
Domestic Competitive Products
------------------------------------------------------------------------
Priority Mail Express........................................ 3.9
Retail..................................................... 3.9
Commercial Base............................................ 3.7
Commercial Plus............................................ 3.7
Priority Mail................................................ 3.9
Retail..................................................... 0.8
Commercial Base............................................ 6.2
Commercial Plus............................................ 6.1
Parcel Select................................................ .........
Traditional................................................ 4.9
Lightweight................................................ 7.0
Parcel Return Service........................................ 4.9
Return Sectional Center Facility........................... 5.2
Return Delivery Unit....................................... 4.6
First-Class Package Service.................................. .........
Commercial................................................. 3.9
Retail..................................................... 14.5
Retail Ground................................................ 3.9
------------------------------------------------------------------------
Domestic Extra Services
------------------------------------------------------------------------
Premium Forwarding Service Enrollment Fee.................... 3.9
Adult Signature Service...................................... .........
Basic...................................................... 3.4
Person-Specific............................................ 3.3
Competitive Post Office Box.................................. 6.5
Package Intercept Service.................................... 3.9
------------------------------------------------------------------------
International Competitive Products
------------------------------------------------------------------------
Global Express Guaranteed.................................... 3.9
Priority Mail Express International.......................... 3.9
Priority Mail International.................................. 3.9
International Priority Airmail............................... 3.9
International Priority Airmail M-Bags...................... 3.9
International Surface Air Lift............................... 3.9
International Surface Air Lift M-Bags...................... 3.9
Airmail M-Bags............................................... 3.9
First-Class Package International Service.................... 3.9
------------------------------------------------------------------------
International Ancillary Services and Special Services
------------------------------------------------------------------------
International Ancillary Services............................. 3.9
------------------------------------------------------------------------
Source: See Governors' Decision No. 16-8 at 2-5; Governors' Decision No.
16-10 at 1; Mail Classification Schedule sections 2105.6, 2110.6,
2115.6, 2125.6, 2135.6, 2305.6, 2315.6, 2335.6, and 2510.9.6.
II. Initial Administrative Actions
The Commission establishes Docket No. CP2018-8 to consider the
Postal Service's Notice. Interested persons may express views and offer
comments on whether the planned changes are consistent with 39 U.S.C.
3632, 3633, and 3642, 39 CFR part 3015, and 39 CFR 3020 subparts B and
E. Comments are due no later than October 24, 2017. For specific
details of the planned price changes, interested persons are encouraged
to review the Notice, which is available on the Commission's Web site,
www.prc.gov.
Pursuant to 39 U.S.C. 505, Curtis E. Kidd is appointed to serve as
Public Representative to represent the interests of the general public
in this docket.
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket No. CP2018-8 to provide
interested persons an opportunity to express views and offer comments
on whether the planned changes are consistent with 39 U.S.C. 3632,
3633, and 3642, 39 CFR part 3015, and 39 CFR 3020 subparts B and E.
2. Comments are due no later than October 24, 2017.
3. The Commission appoints Curtis E. Kidd to serve as Public
Representative to represent the interests of the general public in this
proceeding.
4. The Secretary shall arrange for publication of this order in the
Federal Register.
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2017-22373 Filed 10-16-17; 8:45 am]
BILLING CODE 7710-FW-P
