Take DHL Global Forwarding – how much is the Red Sea fillip to earnings?
Chasing the nickel
PURCHASE, N.Y., September 14, 2017 – Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced the ACMI placement of a 747-400 freighter with DHL Global Forwarding, the world’s largest airfreight forwarding company and a division of the Deutsche Post DHL Group. The 747-400F will be operated by Atlas Air, Inc. and will fly on behalf of DHL Global Forwarding through an aircraft, crew, maintenance and insurance agreement. The new service will commence this month and will serve routes between the United States, Europe, and Asia.