Logo c/o NZPEight years after the New Zealand Post (NZP) and DHL embarked a joint venture, both carriers have agreed to end their contractual relationship.
NZP was formed back in 2004 and began joined DHL as a business partner one year later. It currently offers express delivery services in New Zealand, but also sends parcels internationally via the DHL Express network.
The courier service recently agreed to purchase a two new subsidiaries which are currently owned by DHL. Once the transaction is completed, Express Couriers Limited (ECL) and the Australian Parcel Direct Group Pty Limited (PDG) are going to be wholly owned by NZP.
“Express delivery is a core element of our current and future strategy. (…) Having full alignment between New Zealand Post and Express Couriers Limited will allow us to better match our product offerings to customers’ needs, and as we have previously indicated, explore the benefits of further aligning our postal and courier networks. We can only achieve this if we have full ownership of ECL”, explained NZP Group CEO Brian Roche.
In future, NZP customers can still benefit from DHL Express connectedness as NZP’s international parcel services will continue to utilise DHL’s global network whilst all parcels to New Zealand and Australia will be shipped by ECL and CPPL.
Source: NZ Post