Celestica Selects DHL for Express Delivery

Aug. 14, 2007
DHL will transport telecommunications and electronics components and finished goods within North America and from North America to Asia and Europe under

DHL will transport telecommunications and electronics components and finished goods within North America and from North America to Asia and Europe under a multi-million-dollar agreement it signed with Celestica. Celestica has manufacturing facilities in Bangkok, Thailand; Monterrey, Mexico; Toronto, Canada; and Kladno, Czech Republic. It also has major consolidation points in Chicago, IL; Buffalo, NY; Laredo, TX; and Miami, FL.

In other news, ABX Air, which supplies lift to DHL, reported second-quarter net income of $4.5 million, down 30.8% from $6.5 million in the same period of 2006. The carrier, formerly the airline portion of Airborne Express before Airborne was acquired by DHL, reported revenues from DHL operations declined 12.2%, but its non-DHL-related revenue increased 156.8% to $22.4 million.

Though the ABX strategy includes expanding beyond its agreements with DHL, its two commercial agreements with DHL remain a key component of its business and generate significant earnings and cash flow, says ABX CEO Joe Hete

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