Tag: Pitney Bowes

Pitney Bowes’ Group 1 Software introduces Address Quality Hub™ for U.S. businesses

Group 1 Software, Inc., a Pitney Bowes Company, today announced the launch of the Address Quality Hub™, a new address cleansing software platform that improves mail deliverability and maximizes postal discounts for users of CODE-1 Plus® and Finalist® CASS™ software.

The new platform is beneficial for all businesses that utilize the mailstream for customer communication, as they face increases in postage costs in August 2007 when the U.S. Postal Service® implements more stringent postage discount rules designed to reduce undeliverable-as-addressed (UAA) mail.

The Address Quality Hub from Group 1 Software enables mailers to address this issue in two ways. First, the Address Quality Hub’s Coding Uplift Module employs advanced algorithms and programming logic to enable existing CODE-1 Plus and Finalist CASS solutions to cleanse and code up to 35 percent of address records that would have previously been rejected during CASS processing – resulting in higher postal discounts and a reduction in UAA mail.

Second, the Address Quality Hub’s Delivery Point Correction Module provides the industry’s first solution to correct the primary house number required for automation discounts by automatically matching name against street address, and correcting bad addresses. This patent-pending address correction and validation technology allows mailers to verify that U.S. street addresses actually exist and are truly confirmed delivery points for mailing, enabling mailers to reduce UAA mail and maximize postal savings, while meeting the new USPS CASS requirement.

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Pitney Bowes – Chairman & CEO Interview

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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TNT awarded five-year contract by Pitney Bowes for undisclosed sum

TNT NV said that its Logistics division has been awarded a five-year contract by US mailstream company Pitney Bowes. Financial details were not disclosed.

TNT will handle logistical services for Pitney Bowes from its site in Belgium from the fourth quarter onwards.

The TNT Logistics division was recently sold to Apollo and is awaiting completion of the sale.

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Pitney Bowes awarded contract to manage U.S. Postal Service transfer center in Atlanta – eight-year contract worth approximately USD53 million

Pitney Bowes Government Solutions, a wholly-owned subsidiary of Pitney Bowes Inc. , announced today that it has been awarded a contract to manage the U.S. Postal Service’s Surface Transfer Center in Atlanta. The contract is for four years, with two, two-year options. The potential revenue from this contract over the eight-year term is expected to be more than USD53 million.

“Pitney Bowes is very pleased to strengthen our long-standing relationship with the U.S. Postal Service and leverage our leading-edge processes and technologies to manage the Atlanta Surface Transfer Center efficiently and effectively,” said Jon Love, president, Pitney Bowes Government Solutions. “By combining our best practices and expertise in managing critical components of the mailstream with industry-leading technology, we can deliver service excellence and enhanced efficiency at the Atlanta facility.”

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