US may cut Saturday letter deliveries

Last updated 08:01 07/02/2013

Relevant offers


Labour's Annette King denies internal rift over TPPA deal The toxic tech sector culture and how to do things differently Unlimited holidays basically a no-brainer for employers Rising in Japan's workforce: Women Barack Obama puts his finger on the real danger of robots Can you sell a sweatshirt for $2000? Why fashion is looking for new ways to define luxury US asks why extremists drive Toyotas Bundesbank to doubters: Here is our gold Australian public servant wins legal fight over A$20,000 breast surgery Hillary Clinton doesn't support Trans-Pacific Partnership deal

The United States Postal Service is planning to abandon Saturday letter deliveries as the struggling carrier looks for ways to cut costs.

The move comes just a week after New Zealand Post announced it was seeking to potentially cut delivery days from six to three in order to maintain profitability.

The New Zealand national carrier's decision came as a shock to some elderly citizens, who are still heavily reliant on daily mail.

But NZ Post said mail volumes and revenues had plummeted in recent years, with paper letters increasingly replaced by electronic mail and text messaging.

NZ Post will have to change the Deed of Understanding it signed with the Crown in 1998 in order to implement the "greater flexibility" it is seeking.

In the United States, the US Postal Service will probably require approval from Congress before it can go ahead with its cut, which is set for August.

The 237-year-old institution lost nearly US$16 billion (NZ$19b) last year and is now in the middle of a major restructuring.

Its parcel service, which has grown strongly with the advent of online shopping, will continue six days per week.

Ad Feedback


Special offers

Featured Promotions

Sponsored Content