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ABX extends pact with DHL; parent changes name to reflect non-DHL growth

ABX Air said yesterday that it reached agreement with DHL to extend its hub and line-haul services agreement to carry the express delivery giant's cargo in the US market for another year, capping a busy week of activity in which it also reported a slight drop in first-quarter earnings and its parent company was renamed. The one-year extension of the DHL contract will take effect in August. While ABX still generates most of its revenue from DHL, it is endeavoring to diversify its business to ...

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