Tag: ABX Air

ABX Air growing in Atlanta

Posted by | Sep 4, 2007 | |

ABX Air, Inc., the largest operator of cargo Boeing 767-200s in the world, is expanding its work force in Atlanta. The company’s package sorters play a critical role in its success by accurately and efficiently sorting over six million pounds of freight each weeknight.

ABX Air values its people and the excellent service they provide to our customers.

Sorting freight is a fast-paced and physical job. Candidates must be able to lift at least 35 pounds consistently and without assistance, push or pull heavy carts, climb steps and work at heights, and have good hand-eye coordination. The screening process includes meeting federal transportation requirements regarding drug and alcohol testing and background checks.

At the ABX Air operation in Atlanta, compensation starts at USD 10 per hour including a nighttime premium. Additionally, after 120 days, full and part-time employees are eligible for a bonus program; medical, dental, vision and life insurance; tuition assistance; paid vacations and holidays; a 401(k) program and more.

In business for over 25 years, ABX Air is a Part 121 cargo airline that operates out of Wilmington, Ohio, and 16 hubs throughout the United States. In addition to providing airlift capacity and sort facility staffing to DHL, ABX Air provides charter, maintenance and package handling services to a diverse group of customers. ABX Air is an FAA-certified 145 Repair station. ABX Air is the largest employer in a several-county area in southwestern Ohio.

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DHL rivals in the USA show no appetite for owning aircraft

Posted by | Sep 3, 2007 | |

DHL added another airline to its line-up this spring with the acquisition of a stake in Astar Air Cargo, but the other mega-forwarders have no interest in owning cargo aircraft, despite a penchant for dedicated freighter-cargo flights.

DHL’s appetite for cargo airlines suffered a setback in July when ABX Air, the erstwhile freighter division of Airborne Express spun off after the integrator’s acquisition by DHL, rebuffed a takeover offer from Astar Air Cargo, the former DHL Airways. A marriage between the two would have combined the two US cargo carriers that make most of their business moving traffic for DHL. The integrator had acquired a 49 percent stake in Astar in early June along with a 24.9 percent voting interest, the maximum position in US airlines allowed to non-US entities.

DHL’s express business in the US has suffered in the wake of the integration of its air network into a single hub and is not expected to produce black figures before 2009. Nevertheless, the buy into Astar did not surprise industry observers.

The Astar buy-in followed DHL’s acquisition of a 49 percent stake in Polar Air Cargo last year, which included a 20-year block space agreement giving the integrator guaranteed lift on Polar’s transpacific flights. For intra-Asia traffic, DHL has permanent lift through its stake in Air Hong Kong and the carrier’s A300F operations in the region.

These deals are fuelled by the logistics giant’s express business, but they also drop fixed capacity into the lap of DHL Global Forwarding.

The other global mega-forwarders like Schenker, Kuehne + Nagel or Panalpina, have ruled out the possibility of owning freighter aircraft, notwithstanding a need for dedicated cargo flights.

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ABX adds flights in Asian market

Posted by | Aug 14, 2007 | |

ABX Air Inc. and cargo delivery competitors including FedEx Corp. and DHL are hustling to expand their services in fast-growing Pacific and Asian markets.

The companies are buying aircraft, or even competitors that already operate in Asia, to serve lucrative U.S.-Asia or intra-Asian routes. The focus is on freight hauled in containers aboard cargo aircraft, either with international or intra-continent range.

Wilmington-based ABX Air has begun a two-year agreement to support Asian cargo operations of All Nippon Airways Co. (ANA) of Japan. ABX has deployed two Boeing 767 freighters, and recently flew its first cargo flight for ANA from Osaka, Japan, to Dalian, China. ABX expects annual revenue of USD 22 million from its agreement to support All Nippon Airways.

ABX also said last week that it will spend USD 23 million to buy a Boeing 767-200 long-range aircraft from Air China Ltd. for international cargo service.

FedEx, the company that pioneered overnight delivery of small packages in the United States, has begun next-business-day delivery service available to customers throughout China. FedEx also spent USD 400 million to buy the DTW Group’s domestic express network in China and DTW’s 50 percent share of an express delivery joint venture with FedEx.

U.S. delivery companies also are competing for business in Korea, Taiwan, Hong Kong, Vietnam, Singapore and Malaysia.

In June, DHL said it bought a 49 percent interest in ASTAR Air Cargo, a Florida-based airline that operates out of DHL’s Wilmington hub and serves customers in the United States, Europe and the Middle East. DHL also invested in Polar Air Cargo Inc. of Purchase, N.Y., to improve express delivery service from the United States to Asia.

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ABX AIR, INC. Reports second quarter financial results

Posted by | Aug 10, 2007 | |

ABX Air, Inc. reported solid financial results compared with the second quarter of 2006, as pre-tax earnings from its rapidly growing, higher-margin air charter business more than offset reductions in pre-tax earnings from its commercial agreements with DHL.
For the second quarter, ABX Air’s results included:
• USD 4.5 million or USD 0.08 per diluted share, in net earnings, which included USD 2.8 million in deferred (non-cash) income tax expense. That compares with USD 6.5 million, or USD 0.11 per diluted share, in net income for the same period last year, when no income tax expense was recorded. In 2006, income tax expense was offset by reductions in the tax valuation allowance.
• A 13 pct increase in pre-tax earnings to USD 7.3 million from USD 6.5 million, as pre-tax earnings more than doubled from ABX Air’s operations outside its commercial agreements with DHL.
• Revenues of USD 281.3 million, down 7.3 pct from a year ago, as revenues from operations related to the DHL agreements declined 12.2 pct. Prior-year second quarter revenues included a USD 17.5 million reimbursement from DHL for line-haul management services, which did not recur in 2007. Second quarter revenues from business unrelated to DHL reached USD 22.4 million, an increase of 156.8 pct.

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DHL takes capacity stakes

Posted by | Jul 21, 2007 | |

DHL has long depended on the capacity of others for its cargo lift, but the operator’s latest moves in international and domestic markets show clear signs that controlling capacity is increasingly important in the express business. The carrier took a big step last month toward greater influence – although DHL insists it is not control – of lift with a 49 percent equity stake in ASTAR Air Cargo, one of its two outsourced lift providers in the United States.

The financial interest, for undisclosed terms, in the independent cargo airline that was once DHL Airways follows by several months DHL’s similar equity stake in Polar Air Cargo, a USD 150 million interest that came along with an agreement to guarantee DHL space on Polar’s 747 freighters. DHL also has increased its interest in Blue Dart, the largest domestic air express operator in India to boost its presence in that growing market.

“Our investment in ASTAR signals another major commitment to the U.S. market by DHL,” said Hans Hickler, chief executive officer of DHL Express in the United States.

Hickler joins the ASTAR board under the purchase, joining airline President and CEO John Dasburg and the two non-management owners. That, along with the 49 percent interest and 24.9 percent voting stake, keeps Deutsche Post-owned DHL within the bounds of U.S. legal restrictions against foreign ownership of airlines.

ASTAR attorney Elliott Seiden said the U.S. Department of Transportation had already approved the equity purchase. “We assured them this would not come close to tipping the scales on DOT’s ownership and control rules,” he said.

The only impact on ASTAR’s operations, said Seiden, was that DHL and ASTAR had extended their ACMI contract for U.S. domestic express flights for four years, to 2019, making their relationship “more stable, more secure.”

DHL’s other air capacity provider in the United States, ABX Air, has been seeking to diversify its business to become less dependent on DHL and recently signed a freighter lease agreement with All Nippon Airways. An ASTAR spokesman said DHL equity stake “doesn’t restrain or restrict ASTAR from pursuing” other business.

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