NYSE:PBICommercial Services
How Pitney Bowes’ New Automated Phoenix Presort Hub (PBI) Has Changed Its Investment Story
Pitney Bowes recently opened a 75,000-square-foot, highly automated Presort Services operating center in Phoenix, equipped with eight high-speed sorters, a connected conveyor system, and 17 dock doors, staffed across three shifts to handle First-Class Mail within its nationwide network.
This expansion underscores the company’s push to boost processing capacity and efficiency across its Presort network, even as overall mail volumes face structural pressure.
We’ll now examine how this new...