Air Transport Services Group, Inc.Wilmington, OH, United States (NASDAQ (GM): ATSG)

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Air Transport Services Group Company Description

Air Transport Services Group (ATSG, formerly ABX Holdings) aims to ensure your packages get to their destination on time. Its main unit, cargo airline ABX Air, works for express delivery company DHL (USA) under an ACMI (aircraft, crew, maintenance, insurance) contract and a hub services agreement, in which ABX Air provides package sorting services. (However, in order to cut costs, DHL has announced it is closing its operations within the US.) ABX Air operates 100 aircraft from the hub it shares with DHL in Wilmington, Ohio, and about 15 regional hubs; it offers overnight service throughout the US and Canada. ATSG also owns airfreight carriers Air Transport International and Capital Cargo International Airlines.

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The Company Description provides a historical perspective of Air Transport Services Group's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Air Transport Services Group's evolution in the marketplace.

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