- 19 September 2019
- Transport / Logistics Services
Isle of Man Post Office (IOMPO) is to reduce its universal deliveries across the island from six to five days a week as of the 21st October. This is in response to falling mail volumes.
As ever, while letter volumes fall, parcel volumes increase. Parcels and time-guaranteed letter services such as Special Delivery and tracked items will continue to be delivered between Monday and Saturday.
Julie Edge MHK, Chairman of IOMPO, said: “We are a supply and demand business that needs to modernise its operation to more accurately reflect the changing needs of customers in this digital era. IOMPO is currently loss making and in the last ten years, IOMPO’s letter volumes have almost halved from 30 million to 16 million. Less letters means less income for the Post Office.
“The introduction of five-day letter deliveries will enable IOMPO to generate a saving of approximately £500k pa, which will help to offset the declining letter mail income, while supporting our strategic aim of returning the business back to profitability. All other services to customers will remain unchanged and post offices will continue to operate their normal opening hours on a Saturday.”
She continued: “We have worked jointly with the Communication Workers Union (CWU) to plan the implementation of this key project of our five-year business strategy. We are grateful for the CWU’s ongoing cooperation and to all our employees involved in the project, which has required a great deal of time, effort and planning.”