Line-Haul Loss Hurts ABX, But New USPS Deals Ease Pain
ABX saw its net profit and revenue drop in the second quarter due mainly to the loss of DHL line-haul arrangements, but ABX should regain some of the lost revenue through two new contracts it won from the U.S. Postal Service. Net profit fell by $300,000 to $6.5 million, and revenue was down $47.7...
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