New Zealand Post Positions for the Future | New Zealand Post.
Press release by New Zealand Post dated 25 June stipulates that DHL Express and New Zealand Post have reached an agreement for the latter to buy out the 50% shareholding of DHL in Express Couriers Limited and PDG.
While the relationship based on ownership is resolved, the two parties will maintain a strong contractual relationship to s “support each other’s express delivery operations at a global level, through DHL Express; and domestically in New Zealand, through ECL; and in Australia via CPPL.”
Once again, we see the familiar reference to the decline in letter mail volume while parcels and courier services are growing “on the back of growth in e-tailing and e-trading.”
New Zeland Post’s response to that is to better align ECL with New Zealand Post to better match the products and services portfolio to the needs and wants of the market.
New Zealand Post Group CEO Brian Roche says “We can only achieve this if we have full ownership of ECL.” He also says that this acquisition is key in delivering the New Zealand Post strategy.
News and Views on Mail, Express, and Courier 