New Zealand Post's parcel volume hits record high

New Zealand Post's parcel volume hits record high

According to New Zealand Post, as of December 31, 2021, New Zealand Post's net profit after tax for the six months was US$60 million, compared with US$27 million in the same period last year . Parcel business revenue was US$24 million, compared with US$12 million in the same period last year.

 

In the past six months, New Zealand Post delivered 52.7 million parcels, with a record 19.1 million delivered in November and December, making both periods record parcel volumes.

 

New Zealand Post said that online shopping in New Zealand increased by 38% in the six months ending December 31, 2021, compared with the same period in 2020, and this growth is expected to continue. New Zealand Post will continue to support New Zealand's business to meet the growth of online shopping.

 

New Zealand Post is expected to build new stations in Wellington and Christchurch, which will be put into use in mid-2022. By investing in new stations and smarter technology, the postal service's ability to handle parcels will be improved.

 

Previously, in order to cope with the huge demand for mail at the end of the year and maintain its transportation capacity even when the epidemic continues, New Zealand Post has hired hundreds of employees to meet the demand.

 

New Zealand's chief operating officer said: "We added 800 people at the end of last year and delivered more than 50 million parcels in the last two months. This was also the biggest Christmas in the history of New Zealand Post. And with the ongoing outbreak, we are also facing different challenges. We are preparing for increased demand for parcel delivery and reduced resources. Because at any time, our employees may be unwell or self-isolated. So we are one step ahead, increasing our delivery capacity by about 10% and recruiting more people in advance. Our focus will be to scale up as quickly and safely as possible."

 

Not only at the end of the year, according to Worldline NZ statistics, after the traditional New Year sales, the core retail merchants in the payment network (excluding hotels) achieved sales of $696 million. This figure increased by 7% over the same period last year. This shows that New Zealand consumers' willingness to spend has been high, which has also tested the ability of parcel delivery services.

 

Although the delivery time of parcels has been extended due to various factors, the operation of New Zealand Post network is close to normal at present, and efforts are being made to improve efficiency so that consumers can continue to maintain their enthusiasm for shopping and increase the overall sales of local online shopping in New Zealand.


New Zealand Post

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