Corbett: PRC Report Created Difficult Circumstances for USPS

At the National Postal Forum in San Diego, Multichannel Merchant sat down with Joseph Corbett, CFO of the U.S. Postal Service to discuss issues relevant to catalogers. MCM: Many catalogers fear their postage rates could increase by as much as 22 percent. How did this come about?

Corbett: The cost coverage report we are required to file annually was reviewed and the Postal Regulatory Commission issued a report. One finding was that they expect us to bring the cost coverages back in line with the standards for complete cost coverage.

MCM: Are other classes of mail complying with these standards?