Pitney bowes parcel shipping index confirms extended effects of covid-19 lockdowns on chinese shipping through 2022

Stamford, conn.--(business wire)--pitney bowes inc. (nyse: pbi), a global shipping and mailing company that provides technology, logistics, and financial services, today released their global parcel shipping index, unveiling ‘22 data from 13 major countries worldwide. the index highlights that global parcel volume reached 161 billion in ‘22, equivalent to 5,102 parcels shipped every second marking a 1 percent increase from ‘21. notably, the index reveals china's parcels experienced the slowest.
PBI Ratings Summary
PBI Quant Ranking