Competitive Price Adjustment, 52578-52579 [2018-22542]

Download as PDF 52578 Federal Register / Vol. 83, No. 201 / Wednesday, October 17, 2018 / Notices (Flats), pursuant to 39 CFR 3020.111.1 Specifically, the Postal Service intends to reduce the maximum weight limit from 64 ounces to 15.994 ounces to ‘‘allow items tendered as FCMI flats to more closely correspond to the ‘‘G’’ format items in the Universal Postal Union (UPU) system.’’ 2 The Postal Service states that the proposed update is consistent with the policies and the applicable criteria of chapter 36 of 39 U.S.C. because it helps achieve the objectives of section 3622(b) and takes into account the factors of section 3622(c). Id. at 3–6. By the Commission. Stacy L. Ruble, Secretary. [FR Doc. 2018–22663 Filed 10–16–18; 8:45 am] BILLING CODE 7710–FW–P POSTAL REGULATORY COMMISSION [Docket No. CP2019–3; Order No. 4854] Competitive Price Adjustment Postal Regulatory Commission. Notice. AGENCY: II. Notice of Commission Action Pursuant to 39 CFR 3020.111(b), the Commission establishes Docket No. MC2019–3 to consider the proposed update to the maximum weight limit for Outbound Single-Piece FCMI Large Envelope (Flats), as provided in the Notice. The Commission invites comments from interested persons on whether the proposed update is consistent with the policies and applicable criteria of chapter 36 of title 39 of the United States Code. Comments are due no later than November 13, 2018. The public portions of these filings can be accessed via the Commission’s website at https:// www.prc.gov. Pursuant to 39 U.S.C. 505, the Commission appoints Richard A. Oliver to represent the interests of the general public (Public Representative) in this docket. daltland on DSKBBV9HB2PROD with NOTICES for prompt publication of this notice in the Federal Register. ACTION: The Commission is recognizing a recently filed Postal Service document with the Commission concerning changes in rates of general applicability for competitive products. The changes are scheduled to take effect January 27, 2019. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: October 25, 2018. 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: III. Ordering Paragraphs FOR FURTHER INFORMATION CONTACT: It is ordered: 1. The Commission establishes Docket No. MC2019–3 to consider the proposed update to the maximum weight limit for Outbound Single-Piece First-Class Mail International Large Envelopes (Flats), as provided in the Postal Service’s October 10, 2018 Notice. 2. Comments from interested persons are due by November 13, 2018. 3. Pursuant to 39 U.S.C. 505, Richard A. Oliver 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 David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: 1 Notice of the United States Postal Service of Update to the Maximum Weight Limit for Outbound Single-Piece First-Class Mail International Large Envelopes (Flats) in the Mail Classification System, October 10, 2018 (Notice). 2 Notice at 2. The Postal Service states that the proposed 15.994 ounces weight limit would approach the current Universal Postal Convention Regulation maximum weight of 500 grams (17.6 ounces) for large letter post letters (format G). Id. VerDate Sep<11>2014 19:46 Oct 16, 2018 Jkt 247001 Notice at 1. The changes are scheduled to take effect on January 27, 2019. Id. Attached to the Notice is Governors’ Decisions No. 18–1, 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. Governor’s Decisions No. 18–1 at 1. 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 2019 projected volumes, revenues, attributable costs, contribution, and cost coverage for each product, assuming implementation of the new prices on January 27, 2019. • A partially redacted table showing FY 2019 projected volumes, revenues, attributable costs, contribution, and cost coverage for each product, assuming a hypothetical implementation of the new prices on October 1, 2018. 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. Notice at 1–2. 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 Table of Contents I. Introduction and Overview II. Initial Administrative Actions III. Ordering Paragraphs Product name I. Introduction and Overview On October 10, 2018, 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 1 Notice of Changes in Rates of General Applicability for Competitive Products Established in Governors’ Decision No. 18–1, October 10, 2018 (Notice). Pursuant to 39 U.S.C. 3632(b)(2), the Postal Service is obligated to publish the Governors’ Decision and record of proceedings in the Federal Register at least 30 days before the effective date of the new rates. PO 00000 Frm 00203 Fmt 4703 Sfmt 4703 Average price increase (percent) 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 3.9 3.9 3.9 3.9 5.9 6.6 3.2 6.2 9.3 12.3 6.8 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. 18–1), at 1 (Governors’ Decision No. 18–1). E:\FR\FM\17OCN1.SGM 17OCN1 Federal Register / Vol. 83, No. 201 / Wednesday, October 17, 2018 / Notices TABLE I–1—PROPOSED PRICE CHANGES—Continued Product name Average price increase (percent) Return Sectional Center Facility ........................ Return Delivery Unit ...... First-Class Package Service Commercial ................... Retail ............................. Retail Ground ....................... 7.3 6.4 12.3 11.9 13.3 3.9 Domestic Extra Services Premium Forwarding Service Enrollment Fee .................. Adult Signature Service Basic .............................. Person-Specific ............. Competitive Post Office Box Package Intercept Service ... 4.9–11.1 8.5 8.3 10.0 4.8 International Competitive Products Global Express Guaranteed Priority Mail Express International .............................. Priority Mail International ...... International Priority Airmail International Priority Airmail M-Bags ............... International Surface Air Lift International Surface Air Lift M-Bags ................. Airmail M-Bags ..................... First-Class Package International Service ................ 1. The Commission establishes Docket No. CP2019–3 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 25, 2018. 3. Pursuant to 39 U.S.C. 505, the Commission appoints Lawrence Fenster to serve as an officer of the Commission (Public Representative) to represent the interests of the general public in this docket. 4. The Secretary shall arrange for publication of this Order in the Federal Register. By the Commission. Stacy L. Ruble, Secretary. 3.9 3.9 19.9 19.9 19.9 19.9 5.0 3.9 International Ancillary Services and Special Services 10.4 Source: See Governors’ Decision No. 18–1 at 2–5; Mail Classification Schedule sections 2105.6, 2110.6, 2115.6, 2125.6, 2135.6, 2305.6, 2315.6, 2335.6, and 2510.9.6. daltland on DSKBBV9HB2PROD with NOTICES II. Initial Administrative Actions The Commission establishes Docket No. CP2019–3 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 25, 2018. For specific details of the planned price changes, interested persons are encouraged to review the Notice, which is available on the Commission’s website at www.prc.gov. Pursuant to 39 U.S.C. 505, Lawrence Fenster is appointed to serve as Public Representative to represent the interests of the general public in this docket. 1. Purpose [Release No. 34–84411; File No. SR–NYSE– 2018–47] Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Fees for Routing Orders in UTP Securities Priced Below $1.00 VerDate Sep<11>2014 19:46 Oct 16, 2018 Pursuant to Section 19(b)(1) 1 of the Securities Exchange Act of 1934 (the ‘‘Act’’) 2 and Rule 19b–4 thereunder,3 notice is hereby given that, on October 1, 2018, New York Stock Exchange LLC (‘‘NYSE’’ or the ‘‘Exchange’’) filed with the Securities and Exchange Commission (the ‘‘Commission’’) the proposed rule change as described in Items I, II, and III below, which Items have been prepared by the selfregulatory organization. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to amend its Price List to amend the fees for routing orders in UTP Securities priced below $1.00. The Exchange proposes to implement these changes to its Price List effective October 1, 2018. The U.S.C. 78s(b)(1). U.S.C. 78a. 3 17 CFR 240.19b–4. 2 15 It is ordered: Jkt 247001 In its filing with the Commission, the self-regulatory organization 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 those statements may be examined at the places specified in Item IV below. The Exchange has prepared summaries, set forth in sections A, B, and C below, of the most significant parts of such statements. SECURITIES AND EXCHANGE COMMISSION 1 15 III. Ordering Paragraphs II. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change A. Self-Regulatory Organization’s Statement of the Purpose of, and the Statutory Basis for, the Proposed Rule Change October 11, 2018. International Ancillary Services .................................... proposed rule change is available on the Exchange’s website at www.nyse.com, at the principal office of the Exchange, and at the Commission’s Public Reference Room. BILLING CODE 7710–FW–P [FR Doc. 2018–22542 Filed 10–16–18; 8:45 am] 4.9 52579 PO 00000 Frm 00204 Fmt 4703 Sfmt 4703 The Exchange proposes to amend its Price List to amend the fees for routing orders in UTP Securities priced below $1.00. The Exchange proposes to implement these changes to its Price List effective October 1, 2018. Currently, for executions in securities with a price below $1.00 that route to and execute on an Away Market,4 the Exchange charges a fee of 0.30% of the total dollar value of the transaction for executions in an Away Market auction as well as all other executions. The Exchange proposes to amend this fee to charge $0.0005 per share execution in an NYSE American auction, $0.0010 per share execution in an Away Market auction at venues other than NYSE American, and 0.30% of total dollar value of the transaction for all other executions. * * * * * The proposed changes are not otherwise intended to address any other issues, and the Exchange is not aware of any problems that member organizations would have in complying with the proposed change. 2. Statutory Basis The Exchange believes that the proposed rule change is consistent with 4 The term ‘‘Away Market’’ is defined in Rule 1.1(ff) to mean any exchange, alternative trading system (‘‘ATS’’) or other broker-dealer (1) with which the Exchange maintains an electronic linkage, and (2) that provides instantaneous responses to orders routed from the Exchange. E:\FR\FM\17OCN1.SGM 17OCN1

Agencies

[Federal Register Volume 83, Number 201 (Wednesday, October 17, 2018)]
[Notices]
[Pages 52578-52579]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-22542]


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POSTAL REGULATORY COMMISSION

[Docket No. CP2019-3; Order No. 4854]


Competitive Price Adjustment

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Commission is recognizing a recently filed Postal Service 
document with the Commission concerning changes in rates of general 
applicability for competitive products. The changes are scheduled to 
take effect January 27, 2019. This notice informs the public of the 
filing, invites public comment, and takes other administrative steps.

DATES: Comments are due: October 25, 2018.

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 10, 2018, 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 27, 2019. Id.
---------------------------------------------------------------------------

    \1\ Notice of Changes in Rates of General Applicability for 
Competitive Products Established in Governors' Decision No. 18-1, 
October 10, 2018 (Notice). Pursuant to 39 U.S.C. 3632(b)(2), the 
Postal Service is obligated to publish the Governors' Decision and 
record of proceedings in the Federal Register at least 30 days 
before the effective date of the new rates.
---------------------------------------------------------------------------

    Attached to the Notice is Governors' Decisions No. 18-1, 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. Governor's 
Decisions No. 18-1 at 1. 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. 18-1), at 1 
(Governors' Decision No. 18-1).
---------------------------------------------------------------------------

    The Governors' Decisions include two additional attachments:
     A partially redacted table showing FY 2019 projected 
volumes, revenues, attributable costs, contribution, and cost coverage 
for each product, assuming implementation of the new prices on January 
27, 2019.
     A partially redacted table showing FY 2019 projected 
volumes, revenues, attributable costs, contribution, and cost coverage 
for each product, assuming a hypothetical implementation of the new 
prices on October 1, 2018.
    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. Notice at 1-2.
    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.....................................             3.9
    Commercial Plus.....................................             3.9
Priority Mail                                                        5.9
    Retail..............................................             6.6
    Commercial Base.....................................             3.2
    Commercial Plus.....................................             6.2
Parcel Select
    Traditional.........................................             9.3
    Lightweight.........................................            12.3
Parcel Return Service                                                6.8

[[Page 52579]]

 
    Return Sectional Center Facility....................             7.3
    Return Delivery Unit................................             6.4
First-Class Package Service                                         12.3
    Commercial..........................................            11.9
    Retail..............................................            13.3
Retail Ground...........................................             3.9
------------------------------------------------------------------------
                         Domestic Extra Services
------------------------------------------------------------------------
Premium Forwarding Service Enrollment Fee...............        4.9-11.1
Adult Signature Service
    Basic...............................................             8.5
    Person-Specific.....................................             8.3
Competitive Post Office Box.............................            10.0
Package Intercept Service...............................             4.8
------------------------------------------------------------------------
                   International Competitive Products
------------------------------------------------------------------------
Global Express Guaranteed...............................             4.9
Priority Mail Express International.....................             3.9
Priority Mail International.............................             3.9
International Priority Airmail                                      19.9
    International Priority Airmail M-Bags...............            19.9
International Surface Air Lift                                      19.9
    International Surface Air Lift M-Bags...............            19.9
Airmail M-Bags..........................................             5.0
First-Class Package International Service...............             3.9
------------------------------------------------------------------------
          International Ancillary Services and Special Services
------------------------------------------------------------------------
International Ancillary Services........................            10.4
------------------------------------------------------------------------
Source: See Governors' Decision No. 18-1 at 2-5; 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. CP2019-3 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 25, 2018. For specific 
details of the planned price changes, interested persons are encouraged 
to review the Notice, which is available on the Commission's website at 
www.prc.gov.
    Pursuant to 39 U.S.C. 505, Lawrence Fenster 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. CP2019-3 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 25, 2018.
    3. Pursuant to 39 U.S.C. 505, the Commission appoints Lawrence 
Fenster to serve as an officer of the Commission (Public 
Representative) to represent the interests of the general public in 
this docket.
    4. The Secretary shall arrange for publication of this Order in the 
Federal Register.

    By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2018-22542 Filed 10-16-18; 8:45 am]
 BILLING CODE 7710-FW-P
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