Economy Service Slashes Courier Costs

NEWS RELEASE 3 April 2007

New Economy Service Slashes Courier Costs For Exporters

Up to half of New Zealand businesses sending items overseas would be prepared to trade off an extra day or two in delivery times in exchange for a big saving in international courier costs.

That's why New Zealand Post - doing its bit to help increase New Zealand exports, and with a nod to Export Year 2007 - has launched a new cut-price international courier service that will get merchandise to Australia in just 2-3 days - and 10 other countries within six days - and will cost 30% less than their premium courier service.

The aim of International Economy Courier is to provide a far more cost-effective service for exporters and other organisations.

New Zealand Post's International General Manager, Clare Kernot, says studies by research company Nielsen show that many parcels and documents "don't have to be on someone's desk in Sydney the next day".

"The Nielsen research shows that many organisations - particularly exporters - will be more than happy for a parcel to take two to three days to cross the Tasman if it means they'll make big cost savings."

Kernot says New Zealand Post wants to fill "a major hole in the market - between the low-cost international mail services and the high-cost courier services offered by most international courier companies".

She says an astonishing number of people overseas are, for example, buying innovative New Zealand products from New Zealand websites. "Many people are prepared to wait a few days for parcels to turn up. Our International Economy Courier service offers all the security, track-and-trace and door-to-door delivery of full-price courier services - it just runs at a slightly more leisurely pace but costs considerably less."

Delivery of a 5kg parcel from New Zealand to Sydney will cost $53.75 under International Economy Courier compared to $76.79 via New Zealand Post's premium International Express service.

International Economy Courier will deliver items weighing up to 30kg to 11 countries - Australia, Canada, China, Hong Kong, Japan, Singapore, South Korea, Taiwan, United States, Ireland and the UK. Items travelling the farthest distance - to Ireland and the UK - will be delivered in 5-6 days.

Visit www.nzpost.co.nz/iec or call 0800 501 501 to find out more about International Economy Courier.

ENDS

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