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DHL, Lufthansa plan cargo JV
POSTED: 9:25 a.m. EDT, June 30,2007
Express delivery firm DHL and Lufthansa Cargo plan to establish an air cargo venture, according to Die Welt which quoted an executive close to the negotiations.

The joint venture, which has initially been named NewCo, is expected to operate a cargo fleet to transport both express and ordinary freight deliveries within North America, the Middle and Far East.



Deutsche Post's express package unit, DHL Express, has launched a service for urgent next-day documents from New York to major European centres.



Available for customers with shipments originating from lower Manhattan, DHL's next day delivery offers transfer by courier to the DHL helicopter pad in New York City. Shipments are then flown by helicopter directly to John F Kennedy (JFK) airport, and from there, they move on flights bound for nine cities in Europe.



The new service provides next-business-day delivery, available Monday through to Thursday, from New York to Amsterdam, Brussels, Dublin, Frankfurt, Geneva, London, Madrid, Paris, and Zurich.

From: schednet
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