By Graeme Kennedy
|
Friday 5th September 2003 |
Text too small? |
DHL has bought all of Ai rborne's ground facilities globally and is awaiting government approvals to acquire its aviation assets.
Airborne has 22,000 employees, 15,000 delivery vehicles and 116 aircraft for its operations worldwide and in the US where it is the third-largest overnight parcel carrier behind UPS and FedEx.
DHL is the biggest international express delivery company with 70,000 staff and 271 aircraft including a Boeing 727 freighter it has operated five nights a week on the Tasman for the past 12 years.
However, it has less than 2% of the US domestic market and Mr Rountree said the Airborne merger would give it huge strength and enable New Zealand customers to ship goods with a single company to almost anywhere in the US.
Airborne does not operate to New Zealand but its office of 12 staff acts as a freight forwarder and provides an air express service on other carriers.
The two businesses would be merged in New Zealand under the DHL brand.
No comments yet
Comvita appoints Andrea Wilkins as Chief Marketing Officer
Synlait provides banking facilities update
CHI - Channel Infrastructure delivers solid FY25 financial result
February 27th Morning Report
TRU - Results Guidance FY2026
TRU - Results Guidance FY2026
MEE - Me Today announces six-month results to 31 December 2025
HGH - Heartland announces 1H2026 result
BRW - FY26 Half Year Results Announcement
February 25th Morning Report