Tag: eBay

Pitney Bowes – Chairman & CEO Interview

Posted by | Dec 13, 2006 | |

BECKY QUICK, CNBC ANCHOR: Next year is looking a whole lot greener for the U.S. Postal Service. An overhaul bill passed through the Senate over this last weekend. And that is set to relieve the Postal Service of billions of dollars in retirement expenses and keep the cost of postage down. Of course, the president still needs to give his stamp of approval on this whole thing. So let`s get into what is at stake for business with Michael Critelli. He is the chairman and CEO of Pitney Bowes.Michael, thanks for being with us today.

MICHAEL CRITELLI, CHMN. CEO, PITNEY BOWES: You are very welcome, Becky.

QUICK: You know, we have heard a lot about this bill that is out there. What is it actually? What would it do? And what does it mean for business?

CRITELLI: Well, you know, we are in a USD900 billion industry that employs 10 million Americans. It stabilizes the Postal Service financially by fixing and funding its retirement obligations. It sets an annual cap on price increases of the CPI, the consumer price index. And it gives the Postal Service the same ability that we are used to with utilities, airlines and other people, promotional rates, off-peak rates, discounts for other benefits to promote the use of mail, all of that that is now possible, that just wasn`t possible under the old law. And that will start to go into effect in 2008.

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eBay proves virtual gold mine for Postal Service

Posted by | Nov 6, 2006 | |

Carol Johnson, of Centennial, laughs loudly when asked by telephone how she ships the products she sells on eBay.
“That’s what I’m doing right now,” she says.
“Fifteen of my items ended (their auctions) last night, and I’m wrapping them up.”
Johnson, as it turns out, is the quintessential eBay seller: She ships mostly via the U.S. Postal Service but uses United Parcel Service and Federal Express on occasion, especially for large items.
eBay has been a boon to shipping companies, expanding business for the likes of the Postal Service, UPS, FedEx and others.
Says eBay spokeswoman Catherine England: “We’re definitely a big contributor” to the U.S. package shipment industry.
The U.S. Postal Service is the clear shipper of choice and that’s helped resuscitate a flagging mail- delivery operation.
Postmaster General John Potter says eBay shippers have generated more than USD1 billion of postage since the two started working closely together more than two years ago.
“We’re huge with them, and we appreciate being with them,” says Al DeSarro, the Colorado spokesman for the Postal Service.

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The mail and the Net U.S. Postal Service gets an online boost

Posted by | Aug 3, 2006 | |

At a recent conference that attracted 15,000 eBay enthusiasts to Las Vegas, the main sponsor was a big advocate of online shopping: the U.S. Postal Service.

Yet the Internet is actually injecting new life, and sorely needed revenue, into the Postal Service. And it is happening with packages, millions of them shipped every day, in a journey that starts with a few mouse clicks and ends days later at a customer’s door.
In 2005, revenue from first-class mail like cards and letters, which still made up more than half the Postal Service’s total sales of USD 66.6 billion, dropped nearly 1 percent from 2004. But revenue from packages helped make up for much of that drop, rising 2.8 percent to USD 8.6 billion last year, as it handled nearly three billion packages.
It is impossible to say how many of these were online orders, but Postal Service officials give e-commerce a lot of credit.

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Deutsche Post unit DHL to deepen tie-up with eBay

Posted by | Oct 5, 2004 | |

Deutsche Post World Net AG’s unit DHL is deepening its tie-up with eBay by launching a pilot project that will allow DHL to pack, store and deliver more products auctioned on the internet.

The pilot project will start by the end of this year, the spokesman said.

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Pitney Bowes provides online postage solution for eBay and PayPal customers

Posted by | Mar 10, 2004 | |

Pitney Bowes Inc have announced that eBay, The World’s Online Marketplace, selected Pitney Bowes as the technology provider for a completely browser-based online postage solution that gives both eBay.com and PayPal customers quick and easy access to shipping services. The new online postage solution simplifies the process of calculating and paying for postage and accessing shipping services offered by the U.S. Postal Service (USPS).

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