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Pitney Bowes Parcel Shipping Index Reveals 37 Percent Parcel Volume Growth in US for 2020

Pitney Bowes Parcel Shipping Index Reveals 37 Percent Parcel Volume Growth in US for 2020
whattheythink.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from whattheythink.com Daily Mail and Mail on Sunday newspapers.

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Pitney Bowes Parcel Shipping Index Reveals 37 Percent Parcel Volume Growth in US for 2020

Pitney Bowes Parcel Shipping Index Reveals 37 Percent Parcel Volume Growth in US for 2020
printingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from printingnews.com Daily Mail and Mail on Sunday newspapers.

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Will Postal Service Parcel Rate-Hikes Cause A Shipper Rethink?

Will Postal Service Parcel Rate-Hikes Cause A Shipper Rethink?
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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Amazon.com, Inc. (NASDAQ:AMZN), Pitney Bowes Inc (NYSE:PBI) - Will Postal Service Parcel Rate Hikes Cause A Shipper Rethink?

Share: The U.S. Postal Service has emerged, bloodied and more than a bit bowed, from the most difficult year in its long history. But beyond the COVID-19 pandemic, the presidential election and the tussles with former President Donald Trump lies an existential crisis for the Postal Service: how to remain viable when most of the macro-trend winds are blowing in its face. First-class and marketing mail, the traditional cores of the Postal Service, continued their secular declines in 2020, a downward trajectory accelerated by the pandemic. The shipping and package business is currently the lone bright spot, and to capitalize on its growth and offset the costs of processing and delivering parcels, the Postal Service implemented a series of rate increases on shipper-centric products. The increases, which took effect Jan. 24, will reduce, through not eliminate, the Postal Service s low-price proposition that e-merchants depend on to offer low- or no-cost shipping to end customers.

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