Although still flying profitably during difficult times for US airlines, cargo carrier ABX Air said yesterday that its failure to reach certain revenue incentives under a Hub Services Agreement with primary customer DHL was the principal cause of an 18% drop in annual net profit to $30.3 million from $37 million in 2004. Furthermore, ABX said it was notified by DHL that the company is taking over or terminating some of the services it purchases from ABX this year. The services being ...

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