New Zealand Post said today it will cut 18% of its work force under a new five-year strategy with mail volumes now falling faster than ever before.
One of America's largest postal unions has formally complained to the regulator, claiming that the US Postal Service has been violating its mail service standards.
New Zealand Post has announced plans for a major restructuring of its mail processing network in light of ongoing declines in mail volumes.
The US Postal Service is bringing forward plans to close dozens of mail processing plants that had been scheduled for consolidation in 2014.
PostNL will restart its major letter network restructuring programme this year, after learning from the problems that saw the process abandoned last year.
Post Office Ltd is looking for retail partners for 70 of the 374 remaining post offices that it owns itself.
Last year's Presidential and Congressional elections in the United States helped the US Postal Service to avoid a decline in revenues during its best quarter of the year.
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