Pitney Bowes president and CEO steps down
Pitney Bowes President and CEO Marc Lautenbach had been at the center of a proxy fight with Hestia.
Pitney Bowes President and CEO Marc Lautenbach had been at the center of a proxy fight with Hestia.
Once the world’s hottest parcel market, China hit the skids in 2022 as the economy experienced a frail recovery from the pandemic, a Pitney Bowes report said.
Pitney Bowes CEO Marc Lautenbach retained his board seat despite the election of four Hestia Capital Management candidates.
Pitney Bowes maintains it does not look to compete at scale with FedEx and UPS as alleged by Hestia Capital Partners.
The investment firm Hestia is seeking major changes in Pitney Bowes’ global e-commerce strategy.
Pitney attacks investment firm Hestia for “continuously changing” its views on the company’s strategic direction.
E-commerce platform eBay has extended agreements for Pitney Bowes to continue providing cross-border shipping services to eBay customers.
A Pitney Bowes survey finds that 41% of respondents believe Sunday service is important. But three-quarters don’t think it will happen.
Pitney Bowes is the second major customer in Texas to deploy Gatik’s Class 6 autonomous trucks.
Pitney Bowes and Narvar say a new returns option they are offering e-commerce brands will be hassle-free.
Global-e has acquired Borderfree from Pitney Bowes, expanding its cross-border e-commerce offerings.
Pitney Bowes Parcel Shipping Index predicts record numbers ahead
Quiet Platforms partners with Pitney Bowes to expand its unique “plug-and-play” logistics platform.Quiet Platforms partners with Pitney Bowes to expand its unique “plug-and-play” logistics platform.
Carriers should be able to price freight based on the trailer space it occupies. A machine to capture a shipment’s dimensions is one answer.
Pitney Bowes found that U.S. parcel volumes grew 6% last year, and more growth is forecast for the next five years.
Pitney Bowes will add AmbiSort robotics to its e-commerce hubs throughout the U.S. following a successful pilot of the technology.
Pitney Bowes’ Nita Lathia becomes head of marketplaces for Passport.
Pitney Bowes plans to hire thousands of seasonal employees for holiday peak season, with many being offered the opportunity to remain with the company following the holidays.
Expedited-delivery surcharge to be imposed on top of basic delivery fee.
Package theft is one reason interest in smart parcel lockers is growing among Americans, and as a result, more businesses are looking at installing them.
More than one-quarter of survey respondents expect a 20% annual increase in warehouse demand over the next three years.
Pitney Bowes has added ParcelPoint Smart Lockers to its parcel locker portfolio, providing a secure, technology-enabled solution for enterprises.
A big revenue gain in global e-commerce is the high point of the quarter.
FlavorCloud has secured $6.3 million in funding to help expand its global presence as it works to build a seamless global e-commerce logistics network.
Prologis launched a new LEED program, Blume Global says it will be carbon-neutral very soon, and bays are seeing ecological recovery.
E-commerce and shipping solutions provider Pitney Bowes reported “the highest modern-day, organic growth rate on record.”
Pitney Bowes’ Jason Dies said SMBs need not be sitting ducks for higher parcel-shipping expenses.
In today’s edition of The Daily Dash, Swift Transportation founder Jerry Moyes has taken over as CEO of less-than-truckload carrier Central Freight Lines. Plus, XPO has made the decision to split the company into separate businesses, and FreightWaves’ SpaceWaves event focuses on the logistics of space exploration.
Domestic and international delivery rates rise 5.9%; the rate on returns shipments rises 4.9%.
In extreme scenario, annual volumes could hit 316 billion by 2026.
Company takes swipe at `opaque’ levies imposed by FedEx, UPS.
An information digest summarizing the different keynote addresses from the virtual event.
Global parcel activity will hit 200 billion a year by 2025, Pitney Bowes report predicts
Lufthansa Cargo forms dedicated unit to capitalize on cross-border e-commerce
Global trade body recognizes that old rules don’t apply.