Pitney Bowes
Activist Investor Takes the CEO Reins at Pitney Bowes
Pitney Bowes is now on its fourth CEO in three years, with Hestia Capital's Kurtis Wolf usurping the role two…
FedEx, GXO and Pitney Bowes Cut Staff in Round of Logistics Layoffs
A Memphis news affiliate reports roughly 300 employees were impacted by the FedEx layoffs, while Pitney Bowes…
Pitney Bowes’ Former E-Comm Segment Lays Off 1,200 in Liquidation
The shipping and mailing company had sold off the Global Ecommerce unit after a months-long board review of…
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Pitney Bowes Sells Off, Liquidates Global E-Commerce Segment
The GEC unit had long been a money-losing operation for the shipping and logistics company.
Pitney Bowes Divests Fulfillment Division, Kentucky Warehouse
Fulfillment services provider Stord acquired the segment, which was part of Pitney Bowes' struggling Global…
Pitney Bowes Names Second Interim CEO in As Many Years
As the firm still seeks a permanent CEO, it identified another $60 million to $100 million in annual cost…
Amazon Surpasses UPS in Parcel Volume For First Time, Index Says
One expert academic says Amazon is capitalizing on volume as "UPS and FedEx are focusing on yield more so…
ReverseLogix, Pitney Bowes Want to Consolidate Returns Process
Brands can leverage the service by allowing consumers to return items to Pitney Bowes' network of national…
Pitney Bowes CEO Steps Down After Investor Pressure
After a hedge fund pressured the company to get rid of an 11-year CEO, will the firm next sell a struggling…
Pitney Bowes Restructuring After Board Shakeup
Job cuts and facility closures will be part of the shipping company's restructuring, but CEO Marc Lautenbach…
Proxy Advisors Butt Heads on Pitney Bowes Board Vote
Minority shareholder Hestia Capital wants to overhaul the company's board and replace its CEO amid declining…
FedEx, UPS and DHL Name-dropped in Pitney Bowes Proxy Fight
A minority stakeholder wants to replace CEO Marc Lautenbach and install five new board members at Pitney…
Chain Reaction: Pitney Bowes’ Vijay Ramachandran on Improving Logistics and Meeting Sustainability Goals
In this Q&A, Vijay Ramachandran discusses how Pitney Bowes is helping retailers meet their sustainability…
Shuffle Board: Victoria’s Secret, Stitch Fix Lead CEO Changes
Amy Hauk steps down as Brand CEO at Victoria's Secret after eight months, while founder Katrina Lake returns…
China Shipped 108 Billion Packages in 2021
Global parcel volume reached 159 billion in 2021, equating to 5,000 parcels per second, according to the…