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Pitney Bowes
American Eagle’s Quiet Platforms partners with global shipper Pitney Bowes
Just a few days after it was one of the lone bright spots in American Eagle Outfitters’ Q1 2022 earnings report, the retailer’s logistics platform continues to make moves.
Quiet Platforms, the outfitter’s delivery and fulfillment subsidiary, on Tuesday announced a collaboration with global shipper Pitney Bowes (NYSE: PBI) to bring value-added carrier services to its network, an open-sharing platform that’s aiming to become the “anti-Amazon.” The growing platform boasts clients such as Steve...
Taking LTL pricing to a new dimension
For years, Tony Bauer, an Australian transport executive, has pitched an invention that he said accurately captures LTL shipment dimensions using a mobile tape measure device and supporting software. The product, called CubeTape, allows shippers to walk around the freight, scan its dimensions, weight, reference number and photos. The data would then be uploaded into a predesignated platform before the shipment is picked up.
With precise data elements in hand, a detailed bill of lading can be...
https://www.freightwaves.com/news/taking-ltl-pricing-to-a-new-dimension
More trucks, please! Parcel volumes remain on upward trajectory
Americans love shopping, and as a result, 59 million parcels were generated each day in 2021, according to research from Pitney Bowes.
The global shipping and mailing company on Monday released its Pitney Bowes Parcel Shipping Index, finding that U.S. parcel volume grew 6% in 2021 over 2020, reaching 21.5 billion parcels shipped. That works out to 683 parcels per second.
“The Pitney Bowes Parcel Shipping Index has become an authoritative barometer for growth across the shipping and logistics...
https://www.freightwaves.com/news/pitney-bowes-finds-ecommerce-drives-record-parcel-volumes-in-2021
Pitney Bowes to expand robotics, deploy AmbiSort tech in e-commerce hubs
Global parcel shipping firm Pitney Bowes is expanding its relationship with Ambi Robotics as it seeks to improve its e-commerce supply chain operations. The firm will spend $23 million to expand use of Ambi’s AmbiSort AI-powered robotics sorting systems in e-commerce hubs throughout the U.S.
“As we continue to scale our global e-commerce business, Pitney Bowes is working with some of the most innovative companies in the industry to configure new solutions that improve our service offerings and...
Passport raises $39M to help end ‘nightmare’ of international shipping
Parcel logistics company Passport announced it has raised $39 million in series B funding led by Technology Crossover Ventures with participation from Flexport, FJ Labs and Pure Imagination to continue supporting e-commerce brands’ international shipping needs.
Angel investors in the round included Nik Sharma of Sharma Brands; Cassandra and Jeremy Thurswell of Kitsch; Louis Kearns, former vice president of shipping for Shopify; Jeremy Cai, Italic’s CEO; and Sid Gupta, CEO of Quince.
Passport...
Pitney Bowes announces 5.9% e-commerce rate increase, hiring plans
Global shipping and mailing company Pitney Bowes has announced it will apply a 5.9% general rate increase for e-commerce services, effective Jan. 2, 2022.
The company also said it has made investments to gear up for what is expected to be a record-shattering e-commerce shipping season with more capacity, automation and workforce expansions.
Pitney Bowes (NYSE: PBI) said it planned to add “thousands of seasonal warehouse associates and drivers.” It didn’t announce a specific number. The company...
https://www.freightwaves.com/news/pitney-bowes-announces-59-e-commerce-rate-increase-hiring-plans
Pitney Bowes announces peak-season delivery surcharges
E-commerce and postal provider Pitney Bowes Inc. said it will impose peak-season parcel delivery surcharges of $1.50 per piece on all domestic shipments, effective Oct. 3.
In addition, the Stamford, Connecticut-based company will levy weight-based surcharges on all shipments requiring expedited deliveries, which is a time-definite guarantee of three days or less. Shipments weighing up to 10 pounds will incur a $1.25-per-piece surcharge. Those levies will climb to $3.85 for shipments weighing 11...
https://www.freightwaves.com/news/pitney-bowes-announces-peak-season-delivery-surcharges
Interest in parcel lockers grows for online shopping-addicted Americans
Nearly 14% of Americans reported being victims of a package theft in the past 12 months, according to a December survey from Finder. That equals 35.5 million Americans and an average package theft value of $156.82.
A new survey released Tuesday morning on package theft and security solutions from Pitney Bowes (NYSE: PBI) found that 30% of Americans are willing to pay more to have their package delivered to a package locker, and 53% remain concerned about packages being stolen from their doorstep.
https://www.freightwaves.com/news/interest-in-parcel-lockers-grows-for-e-commerce-addicted-americans
Global logistics warehouse demand to surge through 2024, JLL says
Worldwide demand for logistics warehousing, already at elevated levels, will continue to surge at least through 2024 as more space will be needed to support growth in multiple industries, notably e-commerce, according to a survey published Wednesday by real estate services giant JLL Inc. (NYSE:JLL)
The survey of 720 logisticians across 43 countries and territories underscores the notion that logistics warehousing growth is a global phenomenon and that demand, which in some regions like the U.S....
https://www.freightwaves.com/news/global-logistics-warehouse-demand-to-surge-through-2024-jll-says