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 ...

Subscribe to Access this Entire Article

"ABX extends pact with DHL; parent changes name to reflect non-DHL growth" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.