Pitney Bowes Announces 2023 Price Increase for Ecommerce Services
November 18 2022 - 9:00AM
Business Wire
Pitney Bowes (NYSE: PBI), a global shipping and mailing company
that provides technology, logistics, and financial services, today
announced a 6.5% general rate increase (GRI) for ecommerce services
effective January 1, 2023. The pricing program continues the
company’s commitment to providing ecommerce shippers with simple,
easy to understand rates and services.
The 6.5% GRI applies to the following services:
- Standard Delivery of parcels weighing one pound or more through
the Pitney Bowes US domestic network
- Standard Returns through the Pitney Bowes US domestic
network
- Cross-Border Delivery Services to more than 100 countries
“Our 2023 ecommerce pricing will allow Pitney Bowes to maintain
capacity and performance levels across our network, while
continuing to make strategic investments in our technology
infrastructure,” said Patrick Allard, Chief Revenue Officer,
Global Ecommerce, Pitney Bowes. “Pitney Bowes is offering a
lower GRI than other major carriers, while continuing to deliver
designed services with a nationwide scope, highly responsive client
teams, and transparent, easier-to-forecast pricing.”
Pitney Bowes has maintained competitive prices despite
inflationary pressures, rising labor and transportation costs, and
while managing for the impact of COVID-19. The company continues to
advance its global logistics services and capacity, investing in
enhanced tracking, robotics, automation, new facilities, and an
expanded owned transportation fleet.
About Pitney Bowes: Pitney Bowes (NYSE:PBI) is a global
shipping and mailing company that provides technology, logistics,
and financial services to more than 90 percent of the Fortune 500.
Small business, retail, enterprise, and government clients around
the world rely on Pitney Bowes to remove the complexity of sending
mail and parcels. For additional information, visit Pitney Bowes at
www.pitneybowes.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20221118005094/en/
Media: Pitney Bowes – Brett Cody, brett.cody@pb.com; (203) 218
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