Market-Dominant Price Change; Notice and Order on Price Adjustments and Classification Changes for Market Dominant Products, 30071-30072 [2021-11776]

Download as PDF Federal Register / Vol. 86, No. 106 / Friday, June 4, 2021 / Notices Health Act of 1970 (OSH Act) (29 U.S.C. 651, 656) to advise, consult with, and make recommendations to the Secretary of Labor and the Secretary of Health and Human Services on matters relating to the administration of the OSH Act. NACOSH is a continuing advisory committee of indefinite duration. NACOSH operates in accordance with the Federal Advisory Committee Act (FACA) (5 U.S.C. App. 2), its implementing regulations (41 CFR part 102–3), and OSHA’s regulations on NACOSH (29 CFR part 1912a). II. Meeting Information Attendance at this NACOSH meeting will be by teleconference and WebEx only. The teleconference dial-in number and passcode are as follows: Dial-in number: 1–800–369–1663; Passcode: 2863848 and the WebEx link is: https:// usdolee.webex.com/usdolee/onstage/ g.php?MTID=e96527c00b5fc5d6f8a 680295ece34214 and the meeting password is: Welcome!24. The tentative agenda will include an update from OSHA’s Acting Assistant Secretary, remarks from the Director of the National Institute for Occupational Safety and Health, a discussion of occupational safety and health issues, and a discussion of NACOSH’s previous work. Authority and Signature James S. Frederick, Acting Assistant Secretary of Labor for Occupational Safety and Health, authorized the preparation of this notice under the authority granted by 29 U.S.C. 655(b)(1) and 656(b), 5 U.S.C. App. 2, Secretary of Labor’s Order No. 8–2020 (85 FR 58393, September 18, 2020) and 29 CFR part 1912 and 1912a. Signed at Washington, DC, on May 13, 2021. James S. Frederick, Acting Assistant Secretary of Labor for Occupational Safety and Health. [FR Doc. 2021–11550 Filed 6–3–21; 8:45 am] BILLING CODE 4510–26–P POSTAL REGULATORY COMMISSION [Docket No. R2021–2; Order No. 5905] Market-Dominant Price Change; Notice and Order on Price Adjustments and Classification Changes for Market Dominant Products Issued June 1, 2021. Before Commissioners: Michael Kubayanda, Chairman; Ashley E. Poling, Vice Chairwoman; Mark Acton; Ann C. Fisher; and Robert G. Taub VerDate Sep<11>2014 17:08 Jun 03, 2021 Jkt 253001 I. Introduction On May 28, 2021, the Postal Service filed a notice of price adjustments affecting market dominant domestic and international products and services, along with temporary mailing promotions and proposed classification changes to the Mail Classification Schedule (MCS).1 The planned price adjustments described in the Notice are the first to be filed and reviewed pursuant to the new regulations of 39 CFR part 3030, which were finalized in Order No. 5763 and include new forms of rate authority.2 The intended effective date for the planned price adjustments is August 29, 2021. Notice at 1. The Notice, which was filed pursuant to 39 CFR part 3030, triggers a notice-and-comment proceeding. 39 CFR 3030.125. II. Overview of the Postal Service’s Filing The Postal Service’s filing consists of the Notice, which the Postal Service represents addresses the data and information required under 39 CFR 3030.122 and 39 CFR 3030.123; four attachments (Attachments A–D) to the Notice; and six public library references and one non-public library reference. Attachment A presents the planned price and related product description changes to the MCS. Notice, Attachment A. Attachments B and C address workshare discounts and the price cap calculation, respectively. Id. Attachments B and C. Attachment D presents the 2022 promotions schedule and descriptions of the 2022 promotions. Id. Attachment D. Five public library references provide supporting documentation for the five classes of mail. Notice at 5. The Postal Service also filed a public library reference containing workpapers for Seamless Volumes for all mail classes. Id. at 12. It also filed a library reference pertaining to the two international mail products within First-Class Mail (Outbound Single-Piece First-Class Mail International and Inbound Letter Post) under seal and applied for non-public treatment of those materials.3 The Postal Service’s planned percentage changes by class are, on average, as follows: 1 United States Postal Service Notice of MarketDominant Price Change, May 28, 2021 (Notice). 2 Docket No. RM2017–3, Order Adopting Final Rules for the System of Regulating Rates and Classes for Market Dominant Products, November 30, 2020 (Order No. 5763). 3 See USPS Notice of Filing USPS–LR–R2021–2– NP1, May 28, 2021, Attachment 1. PO 00000 Frm 00085 Fmt 4703 Sfmt 4703 Market dominant class 30071 Planned price adjustment (%) First-Class Mail ..................... USPS Marketing Mail ........... Periodicals ............................ Package Services ................. Special Services ................... 6.814 6.815 8.806 8.806 6.808 Notice at 5. Price adjustments for products within classes vary from the average. See, e.g., id. at 7, 12 (Table 6 showing range for First-Class Mail products and Table 10 showing range for USPS Marketing Mail products). Most of the planned adjustments entail increases to market dominant rates and fees; however, in a few instances, the Postal Service proposes either no adjustment or a decrease. See id. at 7, 21, 27. The Postal Service identifies the effect of its proposed classification changes on the MCS in Attachment A. Id. at 36; id. Attachment A. The Postal Service also seeks approval for the following six promotions for the indicated periods: • Tactile, Sensory and Interactive Mailpiece Engagement Promotion (February 1–July 31, 2022); • Emerging and Advanced Technology Promotion (March 1– August 31, 2022); • Earned Value Reply Mail Promotion (April 1–June 30, 2022); • Personalized Color Transpromo Promotion (July 1–December 31, 2022); • Mobile Shopping Promotion (September 1–December 31, 2022); and • Informed Delivery Promotion (August 1–December 31, 2022). Id. Attachment D. III. Initial Administrative Actions Pursuant to 39 CFR 3030.124(a), the Commission establishes Docket No. R2021–2 to consider the planned price adjustments for market dominant postal products and services, as well as the related classification changes, identified in the Notice. The Commission invites comments from interested persons on whether the Postal Service’s planned price adjustments are consistent with applicable statutory and regulatory requirements. 39 CFR 3030.125. The applicable statutory and regulatory requirements the Commission considers in its review are the requirements of 39 CFR part 3030, Commission directives and orders, and 39 U.S.C. 3626, 3627, and 3629. 39 CFR 3030.126(b). Comments are due no later than June 28, 2021. 39 CFR 3030.124(f). The public portions of the Postal Service’s filing are available for review on the Commission’s website (http:// www.prc.gov). Comments and other E:\FR\FM\04JNN1.SGM 04JNN1 30072 Federal Register / Vol. 86, No. 106 / Friday, June 4, 2021 / Notices material filed in this proceeding will be available for review on the Commission’s website, unless the information contained therein is subject to an application for non-public treatment. The Commission’s rules on non-public materials (including access to documents filed under seal) appear in 39 CFR part 3011. 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 proceeding. IV. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket No. R2021–2 to consider the planned price adjustments for market dominant postal products and services, as well as the related classification changes, identified in the Postal Service’s May 28, 2021 Notice. 2. Comments on the planned price adjustments and related classification changes are due no later than June 28, 2021. 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 for prompt publication of this notice in the Federal Register. By the Commission. Erica A. Barker, Secretary. [FR Doc. 2021–11776 Filed 6–3–21; 8:45 am] BILLING CODE P SECURITIES AND EXCHANGE COMMISSION [Investment Company Act Release No. 34292] Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940 May 28, 2021. The following is a notice of applications for deregistration under section 8(f) of the Investment Company Act of 1940 for the month of May 2021. A copy of each application may be obtained via the Commission’s website by searching for the file number, or for an applicant using the Company name box, at http://www.sec.gov/search/ search.htm or by calling (202) 551– 8090. An order granting each application will be issued unless the SEC orders a hearing. Interested persons VerDate Sep<11>2014 17:08 Jun 03, 2021 Jkt 253001 may request a hearing on any application by emailing the SEC’s Secretary at Secretarys-Office@sec.gov and serving the relevant applicant with a copy of the request by email, if an email address is listed for the relevant applicant below, or personally or by mail, if a physical address is listed for the relevant applicant below. Hearing requests should be received by the SEC by 5:30 p.m. on June 22, 2021, and should be accompanied by proof of service on applicants, in the form of an affidavit or, for lawyers, a certificate of service. Pursuant to Rule 0–5 under the Act, hearing requests should state the nature of the writer’s interest, any facts bearing upon the desirability of a hearing on the matter, the reason for the request, and the issues contested. Persons who wish to be notified of a hearing may request notification by writing to the Commission’s Secretary at Secretarys-Office@sec.gov. ADDRESSES: The Commission: Secretarys-Office@sec.gov. FOR FURTHER INFORMATION CONTACT: Shawn Davis, Assistant Director, at (202) 551–6413 or Chief Counsel’s Office at (202) 551–6821; SEC, Division of Investment Management, Chief Counsel’s Office, 100 F Street NE, Washington, DC 20549–8010. A&Q Masters Fund [File No. 811– 22859] Summary: Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. The applicant has transferred its assets to A&Q Long/Short Strategies Fund LLC., and on March 31, 2021 made a final distribution to its shareholders based on net asset value. Expenses of $383,202.32 incurred in connection with the reorganization were paid by the acquiring fund. Filing Date: The application was filed on April 7, 2021. Applicant’s Address: frank.pluchino@ ubs.com. Schroder Global Series Trust [File No. 811–21364] Summary: Applicant seeks an order declaring that it has ceased to be an investment company. On February 25, 2021, applicant made a liquidating distribution to its shareholders based on net asset value. Expenses of approximately $54,000 incurred in connection with the liquidation were paid by the applicant. Filing Date: The application was filed on April 21, 2021. Applicant’s Address: sean.graber@ morganlewis.com. PO 00000 Frm 00086 Fmt 4703 Sfmt 4703 Van Kampen Debt Opportunity Fund [File No. 811–22296] Summary: Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. Applicant has never made a public offering of its securities and does not propose to make a public offering or engage in business of any kind. Filing Dates: The application was filed on November 23, 2020 and amended on March 25, 2021. Applicant’s Address: Taylor.Edwards@invesco.com. Van Kampen Global Equity Dividend & Income Fund [File No. 811–22134] Summary: Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. Applicant has never made a public offering of its securities and does not propose to make a public offering or engage in business of any kind. Filing Dates: The application was filed on November 23, 2020 and amended on March 25, 2021. Applicant’s Address: Taylor.Edwards@invesco.com. Western Asset Corporate Loan Fund Inc. [File No. 811–08985] Summary: Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On November 30, 2020, applicant made a liquidating distributions to its shareholders based on net asset value. Expenses of $66,131 incurred in connection with the liquidation were paid by the applicant’s investment adviser, or their affiliates Filing Date: The application was filed on April 1, 2021. Applicant’s Address: George.Hoyt@ franklintempleton.com. Western Asset Middle Market Debt Fund Inc. [File No. 811–22734] Summary: Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On December 22, 2020, applicant made a liquidating distributions to its shareholders based on net asset value. Expenses of $13,411 incurred in connection with the liquidation were paid by the applicant. Filing Date: The application was filed on March 18, 2021. Applicant’s Address: George.Hoyt@ franklintempleton.com. Western Asset Variable Rate Strategic Fund Inc. [File No. 811–21609] Summary: Applicant, a closed-end investment company, seeks an order E:\FR\FM\04JNN1.SGM 04JNN1

Agencies

[Federal Register Volume 86, Number 106 (Friday, June 4, 2021)]
[Notices]
[Pages 30071-30072]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-11776]


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POSTAL REGULATORY COMMISSION

[Docket No. R2021-2; Order No. 5905]


Market-Dominant Price Change; Notice and Order on Price 
Adjustments and Classification Changes for Market Dominant Products

Issued June 1, 2021.

    Before Commissioners: Michael Kubayanda, Chairman; Ashley E. 
Poling, Vice Chairwoman; Mark Acton; Ann C. Fisher; and Robert G. 
Taub

I. Introduction

    On May 28, 2021, the Postal Service filed a notice of price 
adjustments affecting market dominant domestic and international 
products and services, along with temporary mailing promotions and 
proposed classification changes to the Mail Classification Schedule 
(MCS).\1\ The planned price adjustments described in the Notice are the 
first to be filed and reviewed pursuant to the new regulations of 39 
CFR part 3030, which were finalized in Order No. 5763 and include new 
forms of rate authority.\2\ The intended effective date for the planned 
price adjustments is August 29, 2021. Notice at 1. The Notice, which 
was filed pursuant to 39 CFR part 3030, triggers a notice-and-comment 
proceeding. 39 CFR 3030.125.
---------------------------------------------------------------------------

    \1\ United States Postal Service Notice of Market-Dominant Price 
Change, May 28, 2021 (Notice).
    \2\ Docket No. RM2017-3, Order Adopting Final Rules for the 
System of Regulating Rates and Classes for Market Dominant Products, 
November 30, 2020 (Order No. 5763).
---------------------------------------------------------------------------

II. Overview of the Postal Service's Filing

    The Postal Service's filing consists of the Notice, which the 
Postal Service represents addresses the data and information required 
under 39 CFR 3030.122 and 39 CFR 3030.123; four attachments 
(Attachments A-D) to the Notice; and six public library references and 
one non-public library reference.
    Attachment A presents the planned price and related product 
description changes to the MCS. Notice, Attachment A. Attachments B and 
C address workshare discounts and the price cap calculation, 
respectively. Id. Attachments B and C. Attachment D presents the 2022 
promotions schedule and descriptions of the 2022 promotions. Id. 
Attachment D.
    Five public library references provide supporting documentation for 
the five classes of mail. Notice at 5. The Postal Service also filed a 
public library reference containing workpapers for Seamless Volumes for 
all mail classes. Id. at 12. It also filed a library reference 
pertaining to the two international mail products within First-Class 
Mail (Outbound Single-Piece First-Class Mail International and Inbound 
Letter Post) under seal and applied for non-public treatment of those 
materials.\3\
---------------------------------------------------------------------------

    \3\ See USPS Notice of Filing USPS-LR-R2021-2-NP1, May 28, 2021, 
Attachment 1.
---------------------------------------------------------------------------

    The Postal Service's planned percentage changes by class are, on 
average, as follows:

------------------------------------------------------------------------
                                                           Planned price
                  Market dominant class                   adjustment (%)
------------------------------------------------------------------------
First-Class Mail........................................           6.814
USPS Marketing Mail.....................................           6.815
Periodicals.............................................           8.806
Package Services........................................           8.806
Special Services........................................           6.808
------------------------------------------------------------------------

Notice at 5.

    Price adjustments for products within classes vary from the 
average. See, e.g., id. at 7, 12 (Table 6 showing range for First-Class 
Mail products and Table 10 showing range for USPS Marketing Mail 
products). Most of the planned adjustments entail increases to market 
dominant rates and fees; however, in a few instances, the Postal 
Service proposes either no adjustment or a decrease. See id. at 7, 21, 
27.
    The Postal Service identifies the effect of its proposed 
classification changes on the MCS in Attachment A. Id. at 36; id. 
Attachment A. The Postal Service also seeks approval for the following 
six promotions for the indicated periods:
     Tactile, Sensory and Interactive Mailpiece Engagement 
Promotion (February 1-July 31, 2022);
     Emerging and Advanced Technology Promotion (March 1-August 
31, 2022);
     Earned Value Reply Mail Promotion (April 1-June 30, 2022);
     Personalized Color Transpromo Promotion (July 1-December 
31, 2022);
     Mobile Shopping Promotion (September 1-December 31, 2022); 
and
     Informed Delivery Promotion (August 1-December 31, 2022).
    Id. Attachment D.

III. Initial Administrative Actions

    Pursuant to 39 CFR 3030.124(a), the Commission establishes Docket 
No. R2021-2 to consider the planned price adjustments for market 
dominant postal products and services, as well as the related 
classification changes, identified in the Notice. The Commission 
invites comments from interested persons on whether the Postal 
Service's planned price adjustments are consistent with applicable 
statutory and regulatory requirements. 39 CFR 3030.125. The applicable 
statutory and regulatory requirements the Commission considers in its 
review are the requirements of 39 CFR part 3030, Commission directives 
and orders, and 39 U.S.C. 3626, 3627, and 3629. 39 CFR 3030.126(b). 
Comments are due no later than June 28, 2021. 39 CFR 3030.124(f).
    The public portions of the Postal Service's filing are available 
for review on the Commission's website (http://www.prc.gov). Comments 
and other

[[Page 30072]]

material filed in this proceeding will be available for review on the 
Commission's website, unless the information contained therein is 
subject to an application for non-public treatment. The Commission's 
rules on non-public materials (including access to documents filed 
under seal) appear in 39 CFR part 3011.
    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 proceeding.

IV. Ordering Paragraphs

    It is ordered:
    1. The Commission establishes Docket No. R2021-2 to consider the 
planned price adjustments for market dominant postal products and 
services, as well as the related classification changes, identified in 
the Postal Service's May 28, 2021 Notice.
    2. Comments on the planned price adjustments and related 
classification changes are due no later than June 28, 2021.
    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 for prompt publication of this notice in the Federal Register.

    By the Commission.
Erica A. Barker,
Secretary.
[FR Doc. 2021-11776 Filed 6-3-21; 8:45 am]
BILLING CODE P