PBI - Pitney Bowes Inc /de/

Company Overview

Name

Pitney Bowes Inc /de/

Tickers

PBI, PBI-PB

Exchanges

NYSE

Employees

10500

Founded

1920

Sector Information

Other Information

CIK

78814

Category

Large accelerated filer

1-Line Summary

A leading global provider of shipping and mailing technology and services.

Company summary

Pitney Bowes Inc. is a global shipping and mailing company that provides technology, logistics, and financial services primarily targeting small to medium-sized businesses and large enterprises. The company operates in several segments including Global Ecommerce, which encompasses domestic parcel services and cross-border offerings, helping retailers manage their logistics for both local and international shipping efficiently. Their Presort Services segment is the largest workshare partner of the USPS, focusing on mail sortation services that optimize postage for large mail volumes.

Additionally, the company offers Sending Technology Solutions, which include both physical and digital mailing technologies to streamline mail and parcel processing. Their cloud-enabled infrastructure provides software-as-a-service (SaaS) solutions that integrate seamlessly with clients' existing eCommerce systems, enhancing their logistics efficiency. Pitney Bowes' strategies aim to simplify sending and tracking for their clients, reduce costs, and improve overall service delivery through innovative partnerships and proprietary technology.

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