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Stock impact report

Why E-Commerce Companies Should Focus On Improving Their Last-Mile Delivery Experiences [Forbes]

Pitney Bowes Inc. (PBI) 
Last pitney bowes inc. earnings: 2/4 07:00 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.pitneybowes.com
Company Research Source: Forbes
In its “ ,” which examined 2022 data from 13 countries, Pitney Bowes, a company that offers mailing and shipping solutions, found that in that year, “global parcel volume reached 161 billion.” That's “equivalent to 5,102 parcels shipped every second.” Additionally, Pitney Bowes predicted that by 2028, “parcel volume will most likely reach 225 billion.” That projection is not surprising, given the extremely high rates of online shopping. Consider , which revealed that “the estimate of U.S. retail e-commerce sales for the fourth quarter of 2024, adjusted for seasonal variation, but not for price changes, was $308.9 billion.” And that's just in the United States. As people shop online, they have expectations about deliveries. For instance, according to a , U.S. consumers “want home delivery within 3.5 days.” If a retailer doesn't provide that, “around 25% will shop elsewhere.” PROMOTED Consumers have more choices than ever when it comes to online shopping. Providing seamless last-m Show less Read more
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