Pitney Bowes’ E-commerce Logistics Unit Shutting Down
Pitney Bowes Inc. is a global technology company that provides innovative solutions in mailing, shipping, and e-commerce.
Pitney Bowes sold the majority interest of its Global E-commerce unit to Hilco Global, which will liquidate and wind down the business via Chapter 11 bankruptcy, expected to conclude in early 2025. It is a sad state of affairs for a company that worked with many e-commerce businesses.
Supply Chain Dive: Pitney Bowes’ e-commerce logistics unit shutting down