Articles from Pitney Bowes Inc.
Pitney Bowes Named Official Shipping Technology Partner of the New York Islanders and UBS Arena
Pitney Bowes (NYSEPBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced it has been named the Official Shipping Technology Partner of the New York Islanders and UBS Arena. This multi-faceted partnership underscores Pitney Bowes' commitment to innovation and operational excellence, leveraging its ShipAccel solution to enhance the shipping operations of the New York Islanders and UBS Arena.
By Pitney Bowes Inc. · Via Business Wire · January 30, 2025
Pitney Bowes Announces Early Paydown of Remaining 2028 Oaktree Notes
Pitney Bowes Inc. (NYSEPBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, announced that today it is paying off the remaining balance of approximately $97 million in senior secured notes (“2028 Notes”) issued to Oaktree Capital Management, L.P. (collectively with its affiliates, “Oaktree”) in July 2023. The repayment, which is being funded by cash on hand, is part of the Company’s previously announced strategic initiative to deleverage its balance sheet. Retiring the 2028 Notes positions Pitney Bowes to benefit from increased capital allocation flexibility as it continues to evaluate value-enhancing actions.
By Pitney Bowes Inc. · Via Business Wire · January 23, 2025
Pitney Bowes Presort Services Advances Nationwide Growth Through Strategic Expansion
Pitney Bowes Inc. (NYSEPBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced that it has acquired the presort business of Royal Alliances, Inc. (“Royal Alliances” or “RA”), a provider of technology-enabled shipping and mailing solutions, headquartered in Irving, Texas. This acquisition further strengthens the Pitney Bowes Presort Services network in the East, Central and West Regions.
By Pitney Bowes Inc. · Via Business Wire · January 21, 2025
Pitney Bowes Announces Significant Progress on Deleveraging Initiative with Paydown of $100M of Oaktree Notes
Pitney Bowes Inc. (NYSEPBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced that it has repaid $100 million of the $275 million in senior secured notes (“2028 Notes”) issued by Oaktree Capital Management, L.P. (“Oaktree”), the balance of which was $272 million as of September 30, 2024. The partial payment of the 2028 Notes is part of the Company’s previously announced strategic initiative to deleverage its balance sheet. The repayment was funded by cash on hand.
By Pitney Bowes Inc. · Via Business Wire · November 19, 2024
Pitney Bowes Announces Agreement in Principle with Unsecured Creditors’ Committee in DRF Logistics Bankruptcy Case to Resolve Outstanding Disputes
Pitney Bowes Inc. (NYSEPBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced that it has reached an agreement in principle (the “Agreement in Principle”) with DRF Logistics LLC (“DRF”) (f/k/a the Global Ecommerce segment) to resolve ongoing disputes with the official committee of unsecured creditors (the “Committee”). The Committee is tasked with representing the interests of all creditors asserting unsecured claims against DRF and its affiliated debtor.
By Pitney Bowes Inc. · Via Business Wire · November 13, 2024
Pitney Bowes Provides Additional Detail on Financial Outlook
Pitney Bowes Inc. (NYSEPBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today provided supplemental detail around guidance for the fourth quarter of 2024, long-term revenue considerations, and debt reduction and refinancing efforts.
By Pitney Bowes Inc. · Via Business Wire · November 11, 2024
Pitney Bowes Declares Common Stock Dividend
Pitney Bowes (NYSEPBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world—including more than 90 percent of the Fortune 500, today announced that its Board of Directors has declared a quarterly cash dividend on the company’s common stock of $0.05 per share. The dividend will be paid on December 6, 2024 to stockholders of record on November 18, 2024.
By Pitney Bowes Inc. · Via Business Wire · November 7, 2024
Pitney Bowes Announces Financial Results for Third Quarter of Fiscal Year 2024 and Progress on Strategic Initiatives
Pitney Bowes Inc. (NYSEPBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced the Company’s financial results for the third quarter of fiscal year 2024 and provided a progress update on the strategic initiatives announced on May 22, 2024. The Company also updated its full year guidance for Fiscal Year 2024 following continued strong business performance and accelerated execution of cost initiatives.
By Pitney Bowes Inc. · Via Business Wire · November 7, 2024
Pitney Bowes and FedEx Launch FedEx Platform Account
Pitney Bowes (NYSEPBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world—including more than 90 percent of the Fortune 500, today announced a new program with FedEx, which will offer a FedEx Platform Account to Pitney Bowes customers. Through the FedEx Platform Account, Pitney Bowes customers can access discounted FedEx rates and expanded service options through their multicarrier shipping software, including ShipAccel, powered by Pitney Bowes, without the need for a FedEx shipping account.
By Pitney Bowes Inc. · Via Business Wire · October 30, 2024
Pitney Bowes Appoints Lance Rosenzweig as Permanent CEO and Strengthens Board of Directors
Pitney Bowes Inc. (NYSEPBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced the appointment of Lance Rosenzweig as the Company’s permanent Chief Executive Officer (“CEO”), effective immediately.
By Pitney Bowes Inc. · Via Business Wire · October 29, 2024
Pitney Bowes Announces Date for Third Quarter 2024 Earnings Release and Conference Call
Pitney Bowes Inc. (NYSEPBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced that it will report third quarter 2024 earnings results after market close on Thursday, November 7, 2024.
By Pitney Bowes Inc. · Via Business Wire · October 28, 2024
Pitney Bowes Enhances Ecommerce Shipping with ShipAccel
Pitney Bowes (NYSEPBI), a global shipping and mailing company, today announced the launch of ShipAccel, a digital platform designed to simplify and enhance shipping operations with advanced ecommerce technology. This launch reinforces Pitney Bowes’ offerings in the ecommerce market, now aimed at equipping shippers with technology that addresses their evolving needs.
By Pitney Bowes Inc. · Via Business Wire · September 23, 2024
Pitney Bowes Declares Common Stock Dividend
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has declared a quarterly cash dividend on the company’s common stock of $0.05 per share. The dividend will be paid on September 6, 2024 to stockholders of record on August 22, 2024.
By Pitney Bowes Inc. · Via Business Wire · August 8, 2024
Pitney Bowes Announces Financial Results for Second Quarter of Fiscal Year 2024 and Provides a Progress Update on Strategic Initiatives
Pitney Bowes (NYSEPBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the Company’s financial results for the second quarter of fiscal year 2024 and provided a progress update on the strategic initiatives announced on May 22, 2024, including the conclusion of the strategic review of the Global Ecommerce (“GEC”) segment. The Company also disclosed its updated full year guidance for Fiscal Year 2024 following recent value-enhancing actions and strong first-half performance.
By Pitney Bowes Inc. · Via Business Wire · August 8, 2024
Pitney Bowes Announces Value-Maximizing Exit Path for Global Ecommerce Segment
Pitney Bowes Inc. (NYSEPBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics and financial services, today announced that it has sold a controlling interest in the entities representing a substantial majority of the Global Ecommerce (“GEC”) segment (the “GEC Entities”) operating in the U.S. to Hilco Commercial Industrial, an affiliate of Hilco Global (“Hilco”), to support a value-maximizing liquidation of certain of the GEC Entities under the protection of Chapter 11 of the U.S. Bankruptcy Code. This sale of the controlling interest occurred on August 8, 2024. Hilco is a recognized leader in helping companies maximize the value of their assets and has worked with numerous organizations to wind-down operations in an efficient, responsible manner.
By Pitney Bowes Inc. · Via Business Wire · August 8, 2024
Pitney Bowes Announces Date for Second Quarter 2024 Earnings Release and Conference Call
Pitney Bowes Inc. (NYSEPBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics and financial services, today announced that it will report second quarter 2024 earnings results after market close on Thursday, August 8, 2024.
By Pitney Bowes Inc. · Via Business Wire · July 29, 2024
Pitney Bowes Announces Leadership Transition in Global Ecommerce Segment
Pitney Bowes Inc. (NYSEPBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics and financial services, today announced that Gregg Zegras has retired as President of the Company’s Global Ecommerce segment, effective immediately. After joining Pitney Bowes in 2013, Mr. Zegras served as Chief Commercial Officer and held other senior roles. The Company thanks Mr. Zegras for his many years of dedication and service and wishes him the best in his future endeavors.
By Pitney Bowes Inc. · Via Business Wire · July 2, 2024
Pitney Bowes Provides Update on Accelerated Progress of Cost Rationalization Program and Increases Savings Targets
Pitney Bowes Inc. (NYSEPBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics and financial services, today announced an update on the first phase of the Company’s cost rationalization initiative, which was previously announced in late May 2024.
By Pitney Bowes Inc. · Via Business Wire · July 1, 2024
Pitney Bowes Opens New Presort Services Operating Center Serving St. Louis Market
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the opening of a new 45,000 square foot Presort Services operating center serving the St. Louis, MO market. The new highly automated facility, located at 13955 Riverport Place, Maryland Heights, MO processed nearly 100,000 pieces of mail on its inaugural day, with volumes steadily increasing throughout this summer. Currently, the site processes up to 1.2 million mail pieces a day.
By Pitney Bowes Inc. · Via Business Wire · June 3, 2024
Pitney Bowes to Host Investor Conference Call
Pitney Bowes Inc. (NYSEPBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics and financial services, will host an investor conference call at 8:00 AM ET on Wednesday, May 29, to introduce the Company’s newly appointed interim CEO, Lance Rosenzweig, and discuss its recently announced strategic initiatives. Participants can register for the call by visiting https://dpregister.com/sreg/10189641/fc9e9eeb70.
By Pitney Bowes Inc. · Via Business Wire · May 28, 2024
Pitney Bowes Announces Leadership Transition and New Initiatives to Accelerate Value Creation
Pitney Bowes Inc. (NYSEPBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics and financial services, today announced the appointment of Lance Rosenzweig as the Company’s interim Chief Executive Officer (“CEO”), effective immediately. Mr. Rosenzweig will continue to serve as a member of the Board of Directors (the “Board”). In connection with today’s appointment, Jason Dies has stepped down from the role of interim CEO and retired from the Company following years of valued service in various executive roles. Pitney Bowes thanks Mr. Dies for his strong contributions and leadership.
By Pitney Bowes Inc. · Via Business Wire · May 22, 2024
Pitney Bowes Declares Common Stock Dividend
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has declared a quarterly cash dividend on the company’s common stock of $0.05 per share. The dividend will be paid on June 7, 2024 to stockholders of record on May 23, 2024.
By Pitney Bowes Inc. · Via Business Wire · May 2, 2024
Pitney Bowes Announces First Quarter 2024 Financial Results
Pitney Bowes (NYSEPBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the first quarter 2024.
By Pitney Bowes Inc. · Via Business Wire · May 2, 2024
Pitney Bowes Named ‘Best Employer for Diversity’ by Forbes for Sixth Consecutive Year
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced it has been named to Forbes’ Best Employers for Diversity 2024 list for the sixth consecutive year. In collaboration with analytics firm Statista, Forbes identified the Best Employers for Diversity 2024 through an independent survey of over 170,000 U.S.-based employees working for companies employing at least 1,000 people within the U.S.
By Pitney Bowes Inc. · Via Business Wire · April 23, 2024
Pitney Bowes Celebrates 20-Year Partnership with Reading Is Fundamental with 20 Events in 20 Cities
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, is proud to announce a series of hands-on volunteer activities in celebration of the 20th anniversary of its partnership with Reading Is Fundamental (RIF), the nation’s leading children’s literacy nonprofit.
By Pitney Bowes Inc. · Via Business Wire · April 18, 2024
Pitney Bowes Parcel Shipping Index: Consumer Demand for “Real-Time Retail” Shakes Carrier Market Share
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today released its annual U.S. Parcel Shipping Index, which revealed significant shifts in the carrier competitive landscape and consumer behaviors in 2023.
By Pitney Bowes Inc. · Via Business Wire · April 17, 2024
Pitney Bowes Recognized by Fortune as One of America’s Most Innovative Companies
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced it has been named to Fortune’s 2024 America’s Most Innovative Companies list. This prestigious award is presented by Fortune and Statista Inc.
By Pitney Bowes Inc. · Via Business Wire · April 10, 2024
Pitney Bowes Announces CFO Transition Process
Pitney Bowes Inc. (NYSEPBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that John Witek, who was most recently Head of Global Business Services, has been appointed interim Chief Financial Officer, effective March 19, 2024. Mr. Witek’s appointment follows the departure of Ana Maria Chadwick, who is leaving to assume a new role with another organization. Ms. Chadwick has agreed to remain at the Company as an advisor until April 21, 2024 to ensure a seamless transition.
By Pitney Bowes Inc. · Via Business Wire · March 19, 2024
Pitney Bowes Launches New Delivery, Tracking, and Returns Capabilities at Shoptalk 2024
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the launch of a series of new tracking and returns capabilities and the expansion of its regional delivery services to the Midwest region. These new services and more will be showcased at Shoptalk, the annual retail conference taking place at Mandalay Bay in Las Vegas, Nevada, March 17 -20, 2024.
By Pitney Bowes Inc. · Via Business Wire · March 18, 2024
Pitney Bowes Declares Common Stock Dividend
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has declared a quarterly cash dividend on the company’s common stock of $0.05 per share. The dividend will be paid on March 14, 2024 to stockholders of record on February 9, 2024.
By Pitney Bowes Inc. · Via Business Wire · February 1, 2024
Pitney Bowes Announces Fourth Quarter and Full Year 2023 Financial Results
Pitney Bowes (NYSEPBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the fourth quarter and full year of 2023.
By Pitney Bowes Inc. · Via Business Wire · February 1, 2024
Pitney Bowes Announces Continued Refreshment of its Board of Directors
Pitney Bowes Inc. (NYSEPBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics and financial services, today announced that Mary J. Guilfoile will step down as Chair and retire from the Board of Directors (the “Board”) following the 2024 Annual Meeting of Stockholders (the “Annual Meeting”). The Board will elect a new Chair following Ms. Guilfoile’s retirement. Additionally, the Company announced the addition of two highly qualified and independent members – William S. Simon and Jill Sutton – to its Board, effective February 1, 2024. Mr. Simon and Ms. Sutton were selected following a process that was supported by an independent, nationally-recognized search firm.
By Pitney Bowes Inc. · Via Business Wire · January 31, 2024
Pitney Bowes and PackageHub© Launch National ‘No-Box/No-Label’ Returns Drop-off Network
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced along with PackageHub, the second-largest franchise system of retail shipping stores in the U.S., the launch of a returns drop-off network that will enable no-box and no-label returns at nearly 1,000 convenient locations, with hundreds more launching soon, across the country—at no additional cost to retailers or consumers. Ecommerce brands who already use Pitney Bowes returns service and its platform partners will immediately have access to the drop-off network, with no additional integration required. This launch augments the existing network of 30,000 postal locations where currently Pitney Bowes offers no-label returns.
By Pitney Bowes Inc. · Via Business Wire · January 3, 2024
Pitney Bowes Earns Top Score in Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, is proud to announce it has received a score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index, the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.
By Pitney Bowes Inc. · Via Business Wire · November 30, 2023
Pitney Bowes Strengthens Network Capabilities Through Automation and Expanded Delivery Services
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced ways it is strengthening its domestic parcels network and service. Pitney Bowes, a company with a long history of innovation, is leveraging a number of emerging technologies, including automated parcel sortation equipment and robotics to efficiently enable on-time deliveries, and process consumer returns for ecommerce brands and retailers.
By Pitney Bowes Inc. · Via Business Wire · November 8, 2023
Pitney Bowes Declares Common Stock Dividend
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has declared a quarterly cash dividend on the company’s common stock of $0.05 per share. The dividend will be paid on December 6, 2023 to stockholders of record on November 15, 2023.
By Pitney Bowes Inc. · Via Business Wire · November 2, 2023
Pitney Bowes Announces Third Quarter 2023 Financial Results
Pitney Bowes (NYSEPBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the third quarter of fiscal year 2023.
By Pitney Bowes Inc. · Via Business Wire · November 2, 2023
Pitney Bowes Announces Leadership Transition
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that the independent members of its Board of Directors (the “Board”) have unanimously approved the following actions:
By Pitney Bowes Inc. · Via Business Wire · October 2, 2023
Despite Inflation, Consumer Spending to Remain Strong This Holiday Season, According to New Pitney Bowes Data
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today released new consumer data from its BOXpoll survey revealing key peak season trends and insights to help retailers prepare to meet consumer preferences and demand. The findings reveal that despite conflicting economic indicators, consumers say they’ll buy online more or the same as last year—supported by trends in growing consumer spending and credit card balances this year.
By Pitney Bowes Inc. · Via Business Wire · September 26, 2023
Pitney Bowes Finds 66% of College Students Wished They Had More Secure Package Delivery
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced a new study developed in partnership with Morning Consult on campus parcel management and smart locker solutions.
By Pitney Bowes Inc. · Via Business Wire · September 14, 2023
Pitney Bowes Makes Shipping and Logistics Easier at Parcel Forum '23
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced it will showcase a range of digital and physical shipping and mailing solutions at Parcel Forum 2023, September 11 – 13 at the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee. Pitney Bowes will be present at booth #918.
By Pitney Bowes Inc. · Via Business Wire · September 12, 2023
Pitney Bowes Issues Open Letter to Stamps.com Customers Encouraging them to Switch to PitneyShip
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today issued an open letter to Stamps.com customers encouraging them to switch to PitneyShip in the wake of a recent and sudden price increase by Stamps.com. The PitneyShip software solution is superior in its ability to print shipping labels and stamps at discounted prices and is already priced 25 percent less than Stamps.com.
By Pitney Bowes Inc. · Via Business Wire · August 16, 2023
Pitney Bowes Parcel Shipping Index Confirms Extended Effects of COVID-19 Lockdowns on Chinese Shipping Through 2022
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today released their Global Parcel Shipping Index, unveiling ‘22 data from 13 major countries worldwide. The Index highlights that global parcel volume reached 161 billion in ‘22, equivalent to 5,102 parcels shipped every second marking a 1 percent increase from ‘21. Notably, the Index reveals China’s parcels experienced the slowest growth in its history, reaching 111 billion parcels in ‘22, with only a 2 percent increase.
By Pitney Bowes Inc. · Via Business Wire · August 9, 2023
Pitney Bowes Declares Common Stock Dividend
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has declared a quarterly cash dividend on the company’s common stock of $0.05 per share. The dividend will be paid on September 8, 2023 to stockholders of record on August 22, 2023.
By Pitney Bowes Inc. · Via Business Wire · August 3, 2023
Pitney Bowes Announces Second Quarter 2023 Financial Results
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the second quarter 2023.
By Pitney Bowes Inc. · Via Business Wire · August 3, 2023
Pitney Bowes Expands Regional Delivery Services to More Than 20 Major US Cities for Faster, More Cost-Effective Ecommerce Shipping
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the expansion of its regional delivery service models to more than 20 major cities across the Southeast and Southwest United States.
By Pitney Bowes Inc. · Via Business Wire · August 1, 2023
Pitney Bowes Expands ParcelPoint Smart Locker Solutions with Outdoor Lockers and Workplace Day Use Functionality
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the expansion of its ParcelPointTM Smart Locker product suite with two significant additions: Outdoor Smart Lockers solutions and Workplace Day Use functionality. These innovations address the growing demand for safe, secure and flexible parcel and storage management in today’s dynamic hybrid work and educational environments.
By Pitney Bowes Inc. · Via Business Wire · June 20, 2023
Pitney Bowes Board of Directors Elects Mary J. Guilfoile as Non-Executive Chair of the Board
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that the Pitney Bowes Board of Directors has elected Mary J. Steele Guilfoile as Non-Executive Chair of the Board, effective immediately.
By Pitney Bowes Inc. · Via Business Wire · June 1, 2023
US Navy Chooses Pitney Bowes to Assist in Package Distribution Worldwide
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced it has been chosen by the US Navy to support its package distribution transformation by using Pitney Bowes ParcelPoint™ Smart Lockers.
By Pitney Bowes Inc. · Via Business Wire · May 31, 2023
Pitney Bowes Announces Preliminary Results from its 2023 Annual Meeting of Shareholders
Pitney Bowes (the “Company”) (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the preliminary results of the Company’s 2023 Annual Meeting of Shareholders (the “Annual Meeting”).
By Pitney Bowes Inc. · Via Business Wire · May 9, 2023
Pitney Bowes Board of Directors Issues Statement to Shareholders
Pitney Bowes (the “Company”) (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today issued the following statement to Pitney Bowes shareholders in connection with the Company’s 2023 Annual Meeting of Shareholders (the “Annual Meeting”) to be held on May 9, 2023:
By Pitney Bowes Inc. · Via Business Wire · May 5, 2023
Pitney Bowes Board Commits to Key Governance Enhancements
Pitney Bowes (the “Company”) (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has approved two key governance enhancements. These changes reflect the Company’s ongoing commitment to best corporate governance practices.
By Pitney Bowes Inc. · Via Business Wire · May 4, 2023
Pitney Bowes Declares Common Stock Dividend
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has declared a quarterly cash dividend on the company’s common stock of $0.05 per share. The dividend will be paid on June 8, 2023 to stockholders of record on May 23, 2023.
By Pitney Bowes Inc. · Via Business Wire · May 4, 2023
Pitney Bowes Announces First Quarter 2023 Financial Results
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the first quarter 2023.
By Pitney Bowes Inc. · Via Business Wire · May 4, 2023
Independent Directors Steven D. Brill and J. Darrell Thomas Issue Letter to Pitney Bowes Shareholders
Pitney Bowes (the “Company”) (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that two of its recently appointed independent directors, Steven D. Brill and J. Darrell Thomas, issued a letter to Pitney Bowes shareholders in connection with the Company’s 2023 Annual Meeting of Shareholders (the “Annual Meeting”) to be held on May 9, 2023.
By Pitney Bowes Inc. · Via Business Wire · May 1, 2023
Pitney Bowes Comments on Proxy Advisory Firm Recommendation
Pitney Bowes (the “Company”) (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today issued the following statement in response to proxy advisory firm Glass, Lewis & Co. (“Glass Lewis”) recommendation in connection with the Company’s 2023 Annual Meeting of Shareholders (the “Annual Meeting”) to be held on May 9, 2023:
By Pitney Bowes Inc. · Via Business Wire · April 28, 2023
Pitney Bowes Comments on Proxy Advisory Firm Recommendation
Pitney Bowes (the “Company”) (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today issued the following statement in response to proxy advisory firm Institutional Shareholder Services’ (“ISS”) recommendation in connection with the Company’s 2023 Annual Meeting of Shareholders (the “Annual Meeting”) to be held on May 9, 2023:
By Pitney Bowes Inc. · Via Business Wire · April 27, 2023
Pitney Bowes Files Investor Presentation for 2023 Annual Meeting Regarding Hestia Capital’s Claims
Pitney Bowes (the “Company”) (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today issued the following statement:
By Pitney Bowes Inc. · Via Business Wire · April 18, 2023
Pitney Bowes Files Investor Presentation for 2023 Annual Meeting
Pitney Bowes (the “Company”) (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that it has filed an investor presentation with the U.S. Securities and Exchange Commission (“SEC”) in connection with the Company’s 2023 Annual Meeting of Shareholders (the “Annual Meeting”) to be held on May 9, 2023. The full presentation can be found here.
By Pitney Bowes Inc. · Via Business Wire · April 13, 2023
Pitney Bowes PitneyShip Cube Now Available for Purchase on Amazon
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the PitneyShip™ Cube is now available for purchase on Amazon. This is the first time a Pitney Bowes product is being offered direct to customers through an independent third-party retailer. The PitneyShip Cube, the first-of-its-kind, all-in-one Wi-Fi enabled thermal shipping label printer with an integrated scale and direct mobile printing via the included PitneyShip software, first launched on PitneyBowes.com in November and is now available for purchase directly through Amazon. The PitneyShip Cube was recognized with Gold at the 2022 International Design Awards, which recognizes groundbreaking achievements in product design. Winners represent the best of global design from across industries.
By Pitney Bowes Inc. · Via Business Wire · April 20, 2023
Pitney Bowes Board of Directors Issues Letter to Shareholders
Pitney Bowes (the “Company”) (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today issued a letter to Pitney Bowes shareholders in connection with the Company’s 2023 Annual Meeting of Shareholders (the “Annual Meeting”) to be held on May 9, 2023.
By Pitney Bowes Inc. · Via Business Wire · April 6, 2023
Pitney Bowes Parcel Shipping Index Finds US Volumes One Year and One Billion Parcels Ahead of Pre-Pandemic Forecast
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics and financial services, today released the US data for 2022 from its latest Pitney Bowes Parcel Shipping Index. Coming off two-years of pandemic-fueled growth, parcel volumes decreased 2% in 2022, but remain on a trajectory that far outpaces predictions made prior to the pandemic. The US shipped, received and returned 21.2 billion parcels in 2022, 1.1 billion more than anticipated by pre-pandemic forecasts.
By Pitney Bowes Inc. · Via Business Wire · March 28, 2023
Pitney Bowes Board of Directors Issues Letter to Shareholders
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today issued a letter to Pitney Bowes shareholders in connection with the Company’s 2023 Annual Meeting of Shareholders (the “Annual Meeting”) to be held on May 9, 2023. All Pitney Bowes shareholders of record as of the close of business on March 10, 2023 will be entitled to vote at the Annual Meeting.
By Pitney Bowes Inc. · Via Business Wire · March 27, 2023
Pitney Bowes to Present at the Sidoti Virtual Conference on March 22
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, announced today that Ned Zachar, Vice President, Investor Relations, and Alex Brown, Senior Manager, Investor Relations, will present and hold one-on-one meetings with investors at the Sidoti Virtual Conference beginning Wednesday, March 22nd, through Thursday, March 23rd.
By Pitney Bowes Inc. · Via Business Wire · March 22, 2023
Pitney Bowes Releases Order Experience Index to Help Direct-to-Consumer Retailers Navigate Post-Pandemic Market
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, has released its comprehensive 2022 Order Experience Index, a compilation of data and insights on each step in the customer journey of an ecommerce order, from checkout to returns. The Index is a guide for direct-to-consumer (DTC) retailers as they adapt to volatile macroeconomic factors and post-pandemic shifts in consumer preferences.
By Pitney Bowes Inc. · Via Business Wire · March 21, 2023
Pitney Bowes Files Definitive Proxy Materials in Connection with May 9, 2023 Annual Meeting
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that it has filed its definitive proxy statement and GOLD proxy card with the U.S. Securities and Exchange Commission (“SEC”) in connection with its upcoming 2023 Annual Meeting of Shareholders (the “Annual Meeting”) to be held on May 9, 2023. Pitney Bowes is urging all shareholders to vote on the GOLD proxy card. All Pitney Bowes shareholders of record as of the close of business on March 10, 2023 will be entitled to vote at the Annual Meeting.
By Pitney Bowes Inc. · Via Business Wire · March 14, 2023
Pitney Bowes to Participate at the J.P. Morgan Global High Yield and Leveraged Finance Conference
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, will participate in the 2023 J.P. Morgan Global High Yield & Leveraged Finance Conference in Miami Beach, Fla., on Monday, March 6, 2023. Ana Chadwick, Executive Vice President and Chief Financial Officer, Jason Dies, Executive Vice President and Group Executive, Gregg Zegras, Executive Vice President, Pitney Bowes Global Ecommerce, and Ned Zachar, Vice President, Investor Relations will present at 8:30 a.m. ET and will conduct meetings with investors at the conference. The presentation can be accessed on the Company’s investor relations website investorrelations@pitneybowes.com. The presentation will not be available via a webcast.
By Pitney Bowes Inc. · Via Business Wire · March 6, 2023
Pitney Bowes Files Preliminary Proxy Statement and Announces Board Changes
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that it has filed its preliminary proxy materials with the Securities and Exchange Commission (“SEC”) in connection with its upcoming 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”). The preliminary proxy statement is available on the Investor Relations section of the Company’s website at https://www.investorrelations.pitneybowes.com.
By Pitney Bowes Inc. · Via Business Wire · March 2, 2023
Forbes Names Pitney Bowes as One of America’s Best Large Employers for 2023
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, has been named one of America’s Best Large Employers for 2023 by Forbes magazine. This is the fourth year the company has been included in the rankings.
By Pitney Bowes Inc. · Via Business Wire · February 15, 2023
Pitney Bowes Declares Common Stock Dividend
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has declared a quarterly cash dividend on the company’s common stock of $0.05 per share. The dividend will be paid on March 14, 2023 to stockholders of record on February 17, 2023.
By Pitney Bowes Inc. · Via Business Wire · February 6, 2023
Pitney Bowes Announces Fourth Quarter and Full Year 2022 Financial Results
Pitney Bowes (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the fourth quarter and full year 2022.
By Pitney Bowes Inc. · Via Business Wire · January 31, 2023
Pitney Bowes Comments on Hestia Actions
Pitney Bowes (NYSE:PBI, the “Company” or “Pitney Bowes”), a global shipping and mailing company that provides technology, logistics, and financial services, today acknowledged receipt of Hestia Capital’s (“Hestia”) notice of nomination of seven director candidates, constituting a majority slate of director candidates, to the Pitney Bowes Board of Directors (the “Board”) in connection with the Company’s upcoming annual meeting of shareholders.
By Pitney Bowes Inc. · Via Business Wire · January 23, 2023
Pitney Bowes Launches SendPro MailCenter, an All-In-One Mailing and Shipping System for High-Volume Mailers
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, today launched the SendPro® MailCenter, the latest evolution of its SendPro digitally-connected sending technology portfolio. The SendPro MailCenter is an advanced, all-in-one mailing and shipping system designed to deliver simplicity, boost productivity and increase savings for high-volume mailers.
By Pitney Bowes Inc. · Via Business Wire · January 10, 2023
Pitney Bowes Names Jason Dies Executive Vice President and Group Executive
Pitney Bowes NYSE:PBI), a global shipping and mailing company that provides technology, logistics and financial services, today announced that Jason Dies has been named Executive Vice President and Group Executive. In this newly created position, Dies will be responsible for overseeing the Sending Technology Solutions (SendTech) and Presort Services business units as well as the functional groups of Human Resources, Information Technologies, Marketing and Communications. This move further aligns the businesses and functions to create even stronger impact across the entire organization. Previously, Dies was Executive Vice President and President of Sending Technology Solutions at Pitney Bowes.
By Pitney Bowes Inc. · Via Business Wire · January 3, 2023
Pitney Bowes Discusses Business Strategy at the Bank of America Leveraged Finance Conference
Pitney Bowes Inc. (NYSEPBI), a global shipping and mailing company that provides technology, logistics, and financial services, outlined their business strategy today at the Bank of America Securities 2022 Leveraged Finance Conference. Jason Dies, Executive Vice President, Pitney Bowes Sending Technology Solutions (SendTech), Gregg Zegras, Executive Vice President, Pitney Bowes Global Ecommerce, and Ned Zachar, Vice President, Investor Relations spoke at the conference.
By Pitney Bowes Inc. · Via Business Wire · November 29, 2022