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