NZ Post to move to 3-day deliveries in urban areas from 2015 as volumes slide

Oct. 23 (BusinessDesk) - New Zealand Post, the state-owned postal service, will cut urban deliveries to three days a week from six starting in 2015 under an agreement with the government to sustain the business in the face of declining volumes.
Under a change to NZ Post’s deed of understanding with the government the company would cut urban deliveries to a minimum three days a week while maintaining rural deliveries at five days starting on June 30, 2015.
NZ Post had sought to cut rural deliveries by the same amount but Communications and I...
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