FY 2024 Annual Compliance Report, 2041-2042 [2025-00149]

Download as PDF Federal Register / Vol. 90, No. 6 / Friday, January 10, 2025 / Notices khammond on DSK9W7S144PROD with NOTICES Section II identifies the docket number(s) associated with each Postal Service request, if any, that will be reviewed in a public proceeding as defined by 39 CFR 3010.101(p), the title of each such request, the request’s acceptance date, and the authority cited by the Postal Service for each request. For each such request, the Commission appoints an officer of the Commission to represent the interests of the general public in the proceeding, pursuant to 39 U.S.C. 505 and 39 CFR 3000.114 (Public Representative). Section II also establishes comment deadline(s) pertaining to each such request. The Commission invites comments on whether the Postal Service’s request(s) identified in Section II, if any, are consistent with the policies of title 39. Applicable statutory and regulatory requirements include 39 U.S.C. 3632, 39 U.S.C. 3633, 39 U.S.C. 3642, 39 CFR part 3035, and 39 CFR part 3041. Comment deadline(s) for each such request, if any, appear in Section II. Section III identifies the docket number(s) associated with each Postal Service request, if any, to add a standardized distinct product to the Competitive product list or to amend a standardized distinct product, the title of each such request, the request’s acceptance date, and the authority cited by the Postal Service for each request. Standardized distinct products are negotiated service agreements that are variations of one or more Competitive products, and for which financial models, minimum rates, and classification criteria have undergone advance Commission review. See 39 CFR 3041.110(n); 39 CFR 3041.205(a). Such requests are reviewed in summary proceedings pursuant to 39 CFR 3041.325(c)(2) and 39 CFR 3041.505(f)(1). Pursuant to 39 CFR 3041.405(c)–(d), the Commission does not appoint a Public Representative or request public comment in proceedings to review such requests. II. Public Proceeding(s) 1. Docket No(s).: MC2025–1037 and K2025–1036; Filing Title: USPS Request to Add Priority Mail Express, Priority Mail & USPS Ground Advantage Contract 1227 to the Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: January 2, 2025; Filing Authority: 39 U.S.C. 3642, 39 CFR 3035.105, and 39 CFR 3041.310; Public Representative: Elsie Lee-Robbins; Comments Due: January 13, 2025. 2. Docket No(s).: MC2025–1038 and K2025–1037; Filing Title: USPS Request to Add Priority Mail & USPS Ground Advantage Contract 582 to the VerDate Sep<11>2014 17:28 Jan 08, 2025 Jkt 265001 Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: January 2, 2025; Filing Authority: 39 U.S.C. 3642, 39 CFR 3035.105, and 39 CFR 3041.310; Public Representative: Elsie Lee-Robbins; Comments Due: January 13, 2025. III. Summary Proceeding(s) None. See Section II for public proceedings. This Notice will be published in the Federal Register. Erica A. Barker, Secretary. [FR Doc. 2025–00224 Filed 1–8–25; 8:45 am] BILLING CODE 7710–FW–P POSTAL REGULATORY COMMISSION [Docket No. ACR2024; Order No. 8460] FY 2024 Annual Compliance Report Postal Regulatory Commission. Notice. AGENCY: ACTION: The Postal Service has filed an Annual Compliance Report on the costs, revenues, rates, and quality of service associated with its products in fiscal year 2024. Within 90 days, the Commission must evaluate that information and issue its determination as to whether rates were compliant and whether service standards in effect were met. To assist in this, the Commission seeks public comments on the Postal Service’s Annual Compliance Report. DATES: Comments are due: January 28, 2025. Reply Comments are due: February 11, 2025. 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 II. Overview of the Postal Service’s FY 2024 ACR III. Procedural Steps IV. Ordering Paragraphs I. Introduction On December 30, 2024, the Postal Service filed with the Commission its Annual Compliance Report (ACR) for PO 00000 Frm 00105 Fmt 4703 Sfmt 4703 2041 fiscal year (FY) 2024, pursuant to 39 U.S.C. 3652.1 Public portions of the Postal Service’s filing are available on the Commission’s website at https:// www.prc.gov. The filing begins a review process that results in an Annual Compliance Determination (ACD) issued by the Commission to determine whether Postal Service products offered during FY 2024 complied with the applicable requirements of title 39 of the United States Code. II. Overview of the Postal Service’s FY 2024 ACR Contents of the filing. The Postal Service’s FY 2024 ACR consists of a 92page narrative. FY 2024 ACR at 1–92. Additional materials are appended as separate folders and identified in Attachment One. Id. at 11. In line with past practice, some of the materials appear in non-public annexes. Id. at 41– 42. An application for non-public treatment of certain materials is filed as Attachment Two. Id. at 42. Library Reference USPS–FY24–17 presents the United States Postal Service Fiscal Year 2024 Annual Report to Congress, which includes the Fiscal Year 2024 Annual Report, the Fiscal Year 2024 Comprehensive Statement on Postal Service Operations, the Fiscal Year 2024 Performance Report, and the Fiscal Year 2025 Performance Plan.2 Similarly, a copy of the Postal Service’s annual report to the Secretary of the Treasury regarding the Competitive Products Fund, required by 39 U.S.C. 2011(i), appears as part of Library Reference USPS–FY24–39, along with the other Competitive Products Fund materials required by 39 CFR 3060.20 through 3060.23. FY 2024 ACR at 12. ‘‘Roadmap’’ document. A roadmap to the FY 2024 ACR can be found in Library Reference USPS–FY24–9. Id. This document provides brief descriptions of the materials submitted, as well as the flow of inputs and outputs among them; a discussion of differences in methodology relative to Commission methodologies in last year’s ACD; and a list of special studies and a discussion of obsolescence, as required by 1 United States Postal Service FY 2024 Annual Compliance Report, December 30, 2024 (FY 2024 ACR). 2 Id. at 12. Since Docket No. ACR2013, the Commission has published a separate notice soliciting comments on these materials, which are prepared by the Postal Service pursuant to 39 U.S.C. 2803 and 39 U.S.C. 2804, and has provided the Commission’s analysis in a separate report from the ACD. See, e.g., Docket No. ACR2023, Postal Regulatory Commission, Analysis of the Postal Service’s FY 2023 Annual Performance Report and FY 2024 Performance Plan, July 2, 2024, at 11. The Commission will continue this practice in Docket No. ACR2024. E:\FR\FM\10JAN1.SGM 10JAN1 khammond on DSK9W7S144PROD with NOTICES 2042 Federal Register / Vol. 90, No. 6 / Friday, January 10, 2025 / Notices Commission rule 39 CFR 3050.12. Id. at 12–13. Methodology. The Postal Service states that it has adhered to the methodologies historically used by the Commission, subject to changes identified and discussed in Library Reference USPS–FY24–9 and in prefaces accompanying the appended folders. Id. at 13. Market Dominant product-by-product costs, revenues, and volumes. Comprehensive cost, revenue, and volume data for all Market Dominant products of general applicability are shown directly in the FY 2024 Cost and Revenue Analysis (CRA) or International Cost and Revenue Analysis (ICRA). Id. The FY 2024 ACR includes a discussion by class of each Market Dominant product, including costs, revenues, and volumes, workshare discounts, and passthroughs responsive to 39 U.S.C. 3652(b). Id. Service performance. The FY 2024 ACR contains the Postal Service’s discussion of service performance in FY 2024. Id. at 42–54. Library Reference USPS–FY24–29 contains public service performance information required under 39 CFR part 3055 or in response to past ACD directives. Id. at 42 n.52. Nonpublic service information related to the service performance of international mail products appears in Library Reference USPS–FY24–NP30. The FY 2024 ACR also discusses customer satisfaction and consumer access to postal services, with supporting materials appearing in public Library References USPS–FY24–38 and USPS– FY24–33, respectively. Id. at 54–92. Competitive products. The FY 2024 ACR provides costs, revenues, and volumes for Competitive products of general applicability in the FY 2024 CRA or ICRA. Id. at 29. For Competitive products not of general applicability, data appear in non-public Library References USPS–FY24–NP2 and USPS–FY24–NP27. Id. The FY 2024 ACR also addresses the Competitive product pricing standards of 39 U.S.C. 3633. Id. Market test. The Postal Service describes the market test active during FY 2024. Id. at 38–39. Nonpostal services and inter-agency agreements. The Postal Service discusses the nonpostal services and inter-agency agreements offered during FY 2024. Id. at 39–41. Library Reference USPS–FY24–20 contains supporting public material, and Library Reference USPS–FY24–NP32 contains supporting non-public material. VerDate Sep<11>2014 17:28 Jan 08, 2025 Jkt 265001 III. Procedural Steps Statutory requirements. Section 3653 of title 39 requires the Commission to provide interested persons with an opportunity to comment on the ACR and to appoint an officer of the Commission (Public Representative) to represent the interests of the general public. The Commission solicits public comment on the Postal Service’s FY 2024 ACR and on whether any rates or fees in effect during FY 2024 (for products individually or collectively) were not in compliance with applicable provisions of chapter 36 of title 39 or Commission regulations promulgated thereunder. The Commission also invites public comment on the cost coverage matters the Postal Service addresses in its filing; service performance results, levels of customer satisfaction achieved, and such other matters that may be relevant to the Commission’s review. Access to filing. The Commission has posted the publicly available portions of the FY 2024 ACR on its website at https://www.prc.gov/. Interested persons may request access to non-public materials pursuant to 39 CFR 3011.301. Comment deadlines. Comments by interested persons are due on or before January 28, 2025. Reply comments are due on or before February 11, 2025. The Commission, upon completion of its review of the FY 2024 ACR, comments, and other data and information submitted in this proceeding, will issue its ACD. Public Representative. Kenneth R. Moeller is designated to serve as the Public Representative to represent the interests of the general public in this proceeding. Neither the Public Representative nor any additional persons assigned to assist him shall participate in or advise as to any Commission decision in this proceeding other than in his or her designated capacity. IV. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket No. ACR2024 to consider matters raised by the United States Postal Service’s FY 2024 Annual Compliance Report. 2. Pursuant to 39 U.S.C. 3653(a), the Commission appoints Kenneth R. Moeller as an officer of the Commission (Public Representative) in this proceeding to represent the interests of the general public. 3. Comments on the United States Postal Service’s FY 2024 Annual Compliance Report to the Commission are due on or before January 28, 2025. 4. Reply comments are due on or before February 11, 2025. PO 00000 Frm 00106 Fmt 4703 Sfmt 4703 5. The Secretary shall arrange for publication of this Order in the Federal Register. By the Commission. Erica A. Barker, Secretary. [FR Doc. 2025–00149 Filed 1–8–25; 8:45 am] BILLING CODE 7710–FW–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–102109; File No. SR– NYSEAMER–2024–81] Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for 2025 January 3, 2025. 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 December 20, 2024, NYSE American LLC (‘‘NYSE American’’ or the ‘‘Exchange’’) filed with the Securities and Exchange Commission (the ‘‘Commission’’) the proposed rule change as described in Item I below, which Item has been substantially prepared by the Exchange. The Exchange has designated this proposal for immediate effectiveness pursuant to Section 19(b)(3)(A) of the Act 3 and Rule 19b–4(f) thereunder.4 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 the NYSE American Equities Price List (‘‘Equities Price List’’) and the NYSE American Options Fee Schedule (‘‘Options Fee Schedule’’) to establish 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 15 U.S.C. 78s(b)(3)(A). 4 17 CFR 240.19b–4(f). At any time within 60 days of the filing of the proposed rule change, the Commission summarily may temporarily suspend such rule change if it appears to the Commission that such action is necessary or appropriate in the public interest, for the protection of investors, or otherwise in furtherance of the purposes of the Act. If the Commission takes such action, the Commission will institute proceedings to determine whether the proposed rule change should be approved or disapproved. 2 17 E:\FR\FM\10JAN1.SGM 10JAN1

Agencies

[Federal Register Volume 90, Number 6 (Friday, January 10, 2025)]
[Notices]
[Pages 2041-2042]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-00149]


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

POSTAL REGULATORY COMMISSION

[Docket No. ACR2024; Order No. 8460]


FY 2024 Annual Compliance Report

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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

SUMMARY: The Postal Service has filed an Annual Compliance Report on 
the costs, revenues, rates, and quality of service associated with its 
products in fiscal year 2024. Within 90 days, the Commission must 
evaluate that information and issue its determination as to whether 
rates were compliant and whether service standards in effect were met. 
To assist in this, the Commission seeks public comments on the Postal 
Service's Annual Compliance Report.

DATES: 
    Comments are due: January 28, 2025. Reply Comments are due: 
February 11, 2025.

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
II. Overview of the Postal Service's FY 2024 ACR
III. Procedural Steps
IV. Ordering Paragraphs

I. Introduction

    On December 30, 2024, the Postal Service filed with the Commission 
its Annual Compliance Report (ACR) for fiscal year (FY) 2024, pursuant 
to 39 U.S.C. 3652.\1\ Public portions of the Postal Service's filing 
are available on the Commission's website at https://www.prc.gov. The 
filing begins a review process that results in an Annual Compliance 
Determination (ACD) issued by the Commission to determine whether 
Postal Service products offered during FY 2024 complied with the 
applicable requirements of title 39 of the United States Code.
---------------------------------------------------------------------------

    \1\ United States Postal Service FY 2024 Annual Compliance 
Report, December 30, 2024 (FY 2024 ACR).
---------------------------------------------------------------------------

II. Overview of the Postal Service's FY 2024 ACR

    Contents of the filing. The Postal Service's FY 2024 ACR consists 
of a 92-page narrative. FY 2024 ACR at 1-92. Additional materials are 
appended as separate folders and identified in Attachment One. Id. at 
11. In line with past practice, some of the materials appear in non-
public annexes. Id. at 41-42. An application for non-public treatment 
of certain materials is filed as Attachment Two. Id. at 42.
    Library Reference USPS-FY24-17 presents the United States Postal 
Service Fiscal Year 2024 Annual Report to Congress, which includes the 
Fiscal Year 2024 Annual Report, the Fiscal Year 2024 Comprehensive 
Statement on Postal Service Operations, the Fiscal Year 2024 
Performance Report, and the Fiscal Year 2025 Performance Plan.\2\
---------------------------------------------------------------------------

    \2\ Id. at 12. Since Docket No. ACR2013, the Commission has 
published a separate notice soliciting comments on these materials, 
which are prepared by the Postal Service pursuant to 39 U.S.C. 2803 
and 39 U.S.C. 2804, and has provided the Commission's analysis in a 
separate report from the ACD. See, e.g., Docket No. ACR2023, Postal 
Regulatory Commission, Analysis of the Postal Service's FY 2023 
Annual Performance Report and FY 2024 Performance Plan, July 2, 
2024, at 11. The Commission will continue this practice in Docket 
No. ACR2024.
---------------------------------------------------------------------------

    Similarly, a copy of the Postal Service's annual report to the 
Secretary of the Treasury regarding the Competitive Products Fund, 
required by 39 U.S.C. 2011(i), appears as part of Library Reference 
USPS-FY24-39, along with the other Competitive Products Fund materials 
required by 39 CFR 3060.20 through 3060.23. FY 2024 ACR at 12.
    ``Roadmap'' document. A roadmap to the FY 2024 ACR can be found in 
Library Reference USPS-FY24-9. Id. This document provides brief 
descriptions of the materials submitted, as well as the flow of inputs 
and outputs among them; a discussion of differences in methodology 
relative to Commission methodologies in last year's ACD; and a list of 
special studies and a discussion of obsolescence, as required by

[[Page 2042]]

Commission rule 39 CFR 3050.12. Id. at 12-13.
    Methodology. The Postal Service states that it has adhered to the 
methodologies historically used by the Commission, subject to changes 
identified and discussed in Library Reference USPS-FY24-9 and in 
prefaces accompanying the appended folders. Id. at 13.
    Market Dominant product-by-product costs, revenues, and volumes. 
Comprehensive cost, revenue, and volume data for all Market Dominant 
products of general applicability are shown directly in the FY 2024 
Cost and Revenue Analysis (CRA) or International Cost and Revenue 
Analysis (ICRA). Id. The FY 2024 ACR includes a discussion by class of 
each Market Dominant product, including costs, revenues, and volumes, 
workshare discounts, and passthroughs responsive to 39 U.S.C. 3652(b). 
Id.
    Service performance. The FY 2024 ACR contains the Postal Service's 
discussion of service performance in FY 2024. Id. at 42-54. Library 
Reference USPS-FY24-29 contains public service performance information 
required under 39 CFR part 3055 or in response to past ACD directives. 
Id. at 42 n.52. Non-public service information related to the service 
performance of international mail products appears in Library Reference 
USPS-FY24-NP30. The FY 2024 ACR also discusses customer satisfaction 
and consumer access to postal services, with supporting materials 
appearing in public Library References USPS-FY24-38 and USPS-FY24-33, 
respectively. Id. at 54-92.
    Competitive products. The FY 2024 ACR provides costs, revenues, and 
volumes for Competitive products of general applicability in the FY 
2024 CRA or ICRA. Id. at 29. For Competitive products not of general 
applicability, data appear in non-public Library References USPS-FY24-
NP2 and USPS-FY24-NP27. Id. The FY 2024 ACR also addresses the 
Competitive product pricing standards of 39 U.S.C. 3633. Id.
    Market test. The Postal Service describes the market test active 
during FY 2024. Id. at 38-39.
    Nonpostal services and inter-agency agreements. The Postal Service 
discusses the nonpostal services and inter-agency agreements offered 
during FY 2024. Id. at 39-41. Library Reference USPS-FY24-20 contains 
supporting public material, and Library Reference USPS-FY24-NP32 
contains supporting non-public material.

III. Procedural Steps

    Statutory requirements. Section 3653 of title 39 requires the 
Commission to provide interested persons with an opportunity to comment 
on the ACR and to appoint an officer of the Commission (Public 
Representative) to represent the interests of the general public. The 
Commission solicits public comment on the Postal Service's FY 2024 ACR 
and on whether any rates or fees in effect during FY 2024 (for products 
individually or collectively) were not in compliance with applicable 
provisions of chapter 36 of title 39 or Commission regulations 
promulgated thereunder. The Commission also invites public comment on 
the cost coverage matters the Postal Service addresses in its filing; 
service performance results, levels of customer satisfaction achieved, 
and such other matters that may be relevant to the Commission's review.
    Access to filing. The Commission has posted the publicly available 
portions of the FY 2024 ACR on its website at https://www.prc.gov/. 
Interested persons may request access to non-public materials pursuant 
to 39 CFR 3011.301.
    Comment deadlines. Comments by interested persons are due on or 
before January 28, 2025. Reply comments are due on or before February 
11, 2025. The Commission, upon completion of its review of the FY 2024 
ACR, comments, and other data and information submitted in this 
proceeding, will issue its ACD.
    Public Representative. Kenneth R. Moeller is designated to serve as 
the Public Representative to represent the interests of the general 
public in this proceeding. Neither the Public Representative nor any 
additional persons assigned to assist him shall participate in or 
advise as to any Commission decision in this proceeding other than in 
his or her designated capacity.

IV. Ordering Paragraphs

    It is ordered:
    1. The Commission establishes Docket No. ACR2024 to consider 
matters raised by the United States Postal Service's FY 2024 Annual 
Compliance Report.
    2. Pursuant to 39 U.S.C. 3653(a), the Commission appoints Kenneth 
R. Moeller as an officer of the Commission (Public Representative) in 
this proceeding to represent the interests of the general public.
    3. Comments on the United States Postal Service's FY 2024 Annual 
Compliance Report to the Commission are due on or before January 28, 
2025.
    4. Reply comments are due on or before February 11, 2025.
    5. The Secretary shall arrange for publication of this Order in the 
Federal Register.

    By the Commission.
Erica A. Barker,
Secretary.
[FR Doc. 2025-00149 Filed 1-8-25; 8:45 am]
BILLING CODE 7710-FW-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.