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no exception. Rates continue to rise in 2023 with FedEx 6.9% increase effective January 3, 2023, USPS 5.9% increase effective January 22, 2023 and UPS 6.9% effective December 27, 2022. Despite these rate increases, carrier profit margins in the US have stagnated or declined in recent years. The industry faces intense competitive pressure.

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In the year 2023, Pitney Bowes had annual revenue of $3.27B, a decrease of -7.68%. Revenue in the quarter ending December 31, 2023 was $871.58M, a -4.08% decrease year-over-year. ... Pitney Bowes Celebrates 20-Year Partnership with Reading Is Fundamental with 20 Events in 20 Cities - Business Wire ; 3 days ago ...

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