logo
  

Pitney Bowes To Reinstate Pricing Adjustments Implemented During The Peak 2020 Shipping Season

Technology company Pitney Bowes Inc. (PBI) announced Tuesday that pricing adjustments implemented on its Standard and Cross Border Delivery services during the peak 2020 shipping season will be reinstated effective January 25, 2021 to account for unprecedented parcel volumes and COVID-19-related operating expenses continuing into the new year.

The pricing will remain in effect until further notice. The company said increased labor and transportation costs, in addition to safety measures arising from the pandemic will continue to add operating costs for the foreseeable future.

After a record year for delivery volumes in 2020, the company anticipates the pace of those volumes to continue well into 2021 and beyond.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Cove Appliance Inc. is recalling about 42,000 units of built-in dishwashers citing fire risk, the U.S. Consumer Product Safety Commission said. The recall involves Cove Appliance 24-inch built-in residential dishwashers model numbers DW2450 and DW2450WS. The recalled dishwashers have serial numbers 20000100 through 20044445. Mallinckrodt plc announced Wednesday that the U.S. Food and Drug Administration or FDA has approved StrataGraft (allogeneic cultured keratinocytes and dermal fibroblasts in murine collagen - dsat) for the treatment of adult patients with thermal burns containing intact dermal elements for which surgical intervention is clinically indicated. Worldwide 5G mobile subscriptions are estimated to exceed 580 million by the end of 2021, according to the Ericsson Mobility Report. With subscriptions increasing at a rate of about a million per day, 5G remains on track to become the fastest adopted mobile generation in history. The growth in subscriptions is being lead by China, North America and the Gulf Cooperation Council markets.
RELATED NEWS
Follow RTT