Pitney Bowes Targets Shein New Clients for Q4 Parcel Growth
Pitney Bowes anticipates a significant surge in parcel volume in Q4, driven by the addition of 32 new clients, including Shein. These new clients are projected to contribute 20% to the overall volume. The company has improved its service levels through automation investments, attracting new customers and strengthening existing relationships. Despite facing challenges from e-commerce slowdown and declining imports from China, Pitney Bowes remains confident in its peak season performance. The company's strategic investments are paying off by offsetting some of the broader economic headwinds.









