BAX Global
BAX Global is an international shipping company that is headquartered in Irvine, California, and has other major offices in Australia, Singapore, London, the Netherlands and Toledo, Ohio. The company which was founded in 1971 also operates an airline. After having been acquired by DB Logistics in January 2006, Bax Global is currently being integrated with Schenker, the land, sea, and air freight branch of DB Logistics. DB Logistics is the freight and logistics division of Deutsche Bahn, a German railway company. In July 2011 Schenker Inc. announced it would give up its airfreight activities and stop the use of the remaining 20 aircraft.
Performance
BAX Global has 12,000 Employees, 500 offices in 133 countries, and makes a 2.9 billion USD turnover.
BAX Global describes itself as specializing "in managing the movement of heavyweight packages and cargo of all shapes and sizes".
History
The company originally opened for business in ten cities in the United States on June 15, 1972, as Burlington Northern Air Freight, Inc. (BNAFI), a subsidiary of Burlington Northern Railroad. In 1982, BNAFI was acquired by the Pittston Company, which later became Brink's. In 1986, BNAFI changed its name to Burlington Air Express, repositioning itself as an overnight air express company. The company acquired WTC Air Freight in 1987. In 1997 the company changed its name to BAX Global, reflecting its expansion over all continents.
On January 31, 2006, BAX Global was acquired from Brink's by DB Logistics, the Transportation and Logistics Division of Deutsche Bahn, for $1.1 billion.
Burlington Air Express had a dedicated fleet of aircraft owned and operated by Air Transport International (ATI), a sister company also owned by Brinks. At the time of the sale of BAX Global to DB Logistics, ATI was sold to Cargo Holdings International. Cargo Holdings International is still under contract with BAX Global to provide dedicated lift.
In July 2011 Schenker Inc. (DB Schenker Logistics) announced it would give up its domestic airfreight activities in the USA, Canada and Mexico and therefore would stop using the remaining fleet of 20 aircraft in the coming week. The cargo began to be moved by trucks. This decision affected 700 employees and represented 10% of the Schenker Inc. business in this area.[1]
Fleet
(before acquisition)
- 18 Douglas DC-8F
- 10 Boeing 727-200F
- Several Boeing 747 for international charters
References
- Barhite, Brandi (2008-05-23). "Transportation is economic backbone of NW Ohio". Toledo Free Press. Retrieved 2008-06-15.
- Stoughton, Stephanie (November 16, 2005). "Deutsche Bahn to Buy BAX Global Division". Washington Post. Retrieved 2008-06-15.
- "California and the West; German Firm May Bid for BAX Global of Irvine". Los Angeles Times. November 10, 2005. p. C.2. Retrieved 2008-06-15.
- "Orange County Briefly; BAX Global Finishes Up Acquisition". Los Angeles Times [Orange County Edition]. May 14, 1998. p. 8. Retrieved 2008-06-15.
External links
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