Multichannel Merchant--The Affordable Mail Alliance objects to a Dec. 10 ruling by the Postal Regulatory Commission that allows the U.S. Postal Service to bank a negative CPI (Consumer Price Index) instead of using it to lower the subsequent CPI rate adjustment cap.
The PRC's ruling states that the USPS uses the last 12-month period to determine the CPI cap, says Jerry Cerasale, senior vice president of government affairs for the Direct Marketing Association and AMA member. "The law also allows the USPS to bank any unused portion of a cap to be used later-it must be used within five years," he says. Read more!
The PRC's ruling states that the USPS uses the last 12-month period to determine the CPI cap, says Jerry Cerasale, senior vice president of government affairs for the Direct Marketing Association and AMA member. "The law also allows the USPS to bank any unused portion of a cap to be used later-it must be used within five years," he says. Read more!
