Pitney Bowes completes Newgistics acquisition
Pitney Bowes has completion its acquisition of the e-commerce fulfilment solutions provider Newgistics. Based in Austin, Texas, Newgistics provides parcel delivery, returns, fulfillment and digital commerce solutions for retailers and ecommerce brands.
In a statement issued today (2 October), Pitney Bowes said that it intends to operate Newgistics as an independent business through the remainder of 2017 and into the first quarter of 2018 to “provide consistent support to clients and avoid any disruptions to operations during the busy holiday shipping and returns season”.