POSTAL RATE CASE UPDATE: Catalogers Must Take Immediate Action on USPS-PRC Rate Diferences, Vendors Say

(Company Name) is a large FLAT mailer and is very disappointed in the Postal Regulatory Commission’s (PRC) decision to raise rates on FLAT mail much higher than the USPS requested. This late and surprise decision will only cause our firm to cut back on the volume of FLAT mail we send. We budgeted for a 9%-12% increase and now are not seeing any increases below roughly 20% for our mail. As I am sure you are aware, budgets for the remainder of calendar year 2007 have been set for many months, so the only way we can absorb this unanticipated significant additional rate increase is to reduce our quantity of mailings. This will obviously shrink USPS revenues and volumes if the rates the PRC has set are approved.