AEO subsidiary Quiet Platforms enters carrier services partnership
The new American Eagle Outfitters (AEO)-owned last-mile delivery platform is expanding its logistics capabilities.
Quiet Platforms, which AEO acquired at the end of last year, is now partnering with global shipping and mailing company Pitney Bowes. Under the agreement, Pitney Bowes will provide value-added carrier services to Quiet Platforms’ shared supply chain network.
The Quiet Platforms shared supply chain platform enables businesses to collaborate to solve their common logistics, fulfillment and delivery challenges, according to the company. By sharing logistics assets and capabilities with others in the Quiet Platforms network, retailers and brands are able to “get closer and ship smarter,” positioning inventory closer to end consumers and aggregating parcel shipments to drive efficiencies and cost savings without investing additional capital or resources in their own supply chain operations.
Fanatics turns to Quiet Platforms
Licensed sports merchandise retailer and digital sports platform Fanatics recently entered into a partnership with Quiet Platforms. Under the agreement, Fanatics will leverage the Quiet Platforms network to enable its same-day and next-day delivery strategy.
Pitney Bowes: Parcels on the upswing
Almost one in four (23%) U.S. shoppers polled by Pitney Bowes in April 2022 said they are shopping online more than they did earlier in 2022. Around 37% of all U.S. purchases made are online. Pitney Bowes forecasts U.S. parcel volume by 2027 to reach 25 - 40 billion packages, with a 5% - 10% compound annual growth rate (CAGR) from 2022-2027.
“As we continue to expand the Quiet Platforms business, we are excited to partner with Pitney Bowes, which will enable faster delivery services and logistics capabilities to get orders into the hands of customers quicker and more efficiently,” said Brent Beabout, president of Quiet Platforms. “Offering in-network retailers and brands access to our expansive logistics capabilities enables them to focus more closely on what they do best, creating great products and memorable customer experiences.”
“Pitney Bowes is committed to innovation and we’re excited to work with Quiet Platforms as it builds next-generation supply chain capabilities for retailers and brands,” said Gregg Zegras, executive VP & president, Pitney Bowes Global E-commerce. “This partnership will help brands in the Quiet Platforms network continue to enhance the customer experience.”
A wholly owned subsidiary of American Eagle Outfitters Inc. (AEO), Quiet Platforms provides access to shared supply chain assets and relationships. The logistics company operates a network of fulfillment centers, which utilize state-of-the-art technology including robotics, in Boston, Chicago, Los Angeles, Dallas, St. Louis, and Jacksonville. In addition to Fanatics, Kohl’s, Peloton, Steve Madden, Li & Fung, and more than 60 other companies are currently on the Quiet Platforms network. Quiet Platforms was formed through AEO’s 2021 acquisitions of AirTerra and Quiet Logistics.
Pitney Bowes is a global shipping and mailing company that provides technology, logistics, and financial services to more than 90% of the Fortune 500.