BAX Global
From Wikipedia, the free encyclopedia
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. 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 AG, the German railway company.
[edit] Performance
BAX Global has 12,000 Employees, 500 offices in 133 countries, and makes a 2,900 million USD turnover.
BAX Global describes itself as specialising "in managing the movement of heavyweight packages and cargo of all shapes and sizes".
[edit] 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. 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 Bax' owner, Brink's by DB Logistics, the Transportation and Logistics Division of Deutsche Bahn, for $1.1 billion.
While the Burlington Air Express owned its own fleet of aircraft, the Bax Global being integrated into Schenker does not.
