FY 2024 Annual Compliance Report, 2041-2042 [2025-00149]
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Federal Register / Vol. 90, No. 6 / Friday, January 10, 2025 / Notices
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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
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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.
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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.
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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.
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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
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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