This requirement was expanded to include additional information in FY 2019. Starting in fiscal year (FY) 2010, the Postal Regulatory Commission (PRC) required the Postal Service to provide information on the operational changes it was making to lower flats costs when it filed its Annual Compliance Report every December. Some flats products have been underwater - meaning their attributable costs exceed revenue - for many years. Full-size envelopes, magazines, and catalogs are all considered flats. In the postal context, “flats” are large mailpieces between the size of a typical letter and a thicker parcel. As a group, they don’t cover their costs.Last year, they collectively lost the Postal Service about $630 million.įirst, what are flats? They are not European apartments or a type of shoe.
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