U.S. Businesses Brace for Shipping and Mailing Rate Increases
Friday, January 19, 2018
Press release from the issuing company
Stamford, Conn.– Pitney Bowes Inc., a global technology company that provides innovative products, solutions and data to power commerce, today cited 2018 carrier rate increases – including the pending January 21 U.S. Postal Service (USPS) rate change and increases announced by UPS and FedEx – among factors driving office sending transformations. These factors are prompting businesses of all sizes to adopt cloud-based shipping and mailing solutions to maximize savings, remove complexity and ensure compliance. Digital sending solutions enable organizations to select the best carrier and service level for each package and save 3 cents per letter with the metered mail discount.
“Finding ways to drive growth, streamline workflows and manage costs are priorities for businesses of all sizes. Optimizing the mailing and shipping process can positively affect the bottom line, generating considerable savings in both hard and soft dollars,” said Jason Dies, executive vice president and president, Pitney Bowes SMB Solutions.
Carriers have announced the following changes for 2018:
Opportunities to save
As prices increase, meter and online postage solutions offer savings alternatives, including 3 cents per piece of First-Class Mail letters (up to 3.5 ounces). In addition:
The Pitney Bowes Guide to Office Shipping estimates general shipping rates may be as much as 35 percent higher by 2025, and parcel volume growth is estimated to rise at a rate of 17-28 percent each year, between 2018 and 2021, according to the Global Parcel Shipping Index.
“With parcel volume and spend on the rise, cloud-based multi-carrier solutions help businesses make smart choices every time they send. They provide a comprehensive view of mailing and shipping needs, savings opportunities, and data and analytics businesses can use to ensure the right carrier and the right rate at the right time,” added Dies.
Recommendations for mailing and shipping optimization include:
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