ABX Hiring!?!

[xspud]

Some facts to add to your discussion:

I don't think that ABX will be able to sponsor any crew member for a residence Visa in Japan.

I initially did not take the KIX domicile plan seriously for just that reason, I did not believe it was possible or realistic for the company to obtain resident visas for our employees. But the company claims that it is possible. I don't know any details, don't know whether it has ANA's support or not, but I do know that the company is applying for resident visas for the KIX crewmembers. Whether they will be successful remains to be seen. Some of the ABX mechanics have obtained resident visas.

Contractors do not come in and out of the country with a Visitor visa, but rather come in and out with a Shore Pass. (even on your commute)

Our crewmembers typically use the 90-day visitor visa, except NRT layovers where they use a shore pass. The visitor visa is available on the NRT layovers as an option if the crewmember needs it (ie: deadhead back to KIX).

 

[Dumb Pilot]

Our crewmembers typically use the 90-day visitor visa, except NRT layovers where they use a shore pass. The visitor visa is available on the NRT layovers as an option if the crewmember needs it (ie: deadhead back to KIX).

Interesting. We where told that the space/time continuum would rupture if this where to happen.

Some of the ABX mechanics have obtained resident visas

As legal workers living in Japan, the company is responsible for the payments of retirement fund, medical and other social benefits that all workers get in Japan, that is the reason why we have a commuting contract.
Residents are also tax liable. I'll ask one of our 737 guys how is that been handled in their case

 

[Classicdriver]

More pressure on DHL:

[FONT=Arial, Helvetica, sans-serif]New Calls for DHL Withdrawal[/FONT]

A second major investment house is calling for Deutsche Post to pull DHL out of North America.
Morgan Stanley, following on the heels of Bear Stearns, said in a Jan. 7 research report that the company needs a "quick, radical solution" to the estimated $900 million in losses DHL faces in the United States.

The firm likened the Deutsche Post problems to those of the former DaimlerChrysler before that automaker took action by splitting off its troubled U.S. Chrysler business.

"A substantial cut in network size, combined with subcontracting and a focus on international services (revenues from $4.5 billion to $1.7 billion), is the most logical outcome, we think," the firm said.
Morgan Stanley's call follows a similar plea late last month from Bear Stearns, which argues the losses in the United States are eating into Deutsche Post's overall value to shareholders.

Morgan Stanley went a step further, however, and suggested Deutsche Post may be close to making the same decision. With a new chief financial officer at DP, the firm wrote, "we sense management has stepped up a gear in terms of addressing investors' longstanding sore point -- the U.S. business."

http://www.aircargoworld.com/break_news/01082008d.htm

 

[shooter]

More pressure on DHL:

[FONT=Arial, Helvetica, sans-serif]New Calls for DHL Withdrawal[/FONT]

A second major investment house is calling for Deutsche Post to pull DHL out of North America.
Morgan Stanley, following on the heels of Bear Stearns, said in a Jan. 7 research report that the company needs a "quick, radical solution" to the estimated $900 million in losses DHL faces in the United States.

The firm likened the Deutsche Post problems to those of the former DaimlerChrysler before that automaker took action by splitting off its troubled U.S. Chrysler business.

"A substantial cut in network size, combined with subcontracting and a focus on international services (revenues from $4.5 billion to $1.7 billion), is the most logical outcome, we think," the firm said.
Morgan Stanley's call follows a similar plea late last month from Bear Stearns, which argues the losses in the United States are eating into Deutsche Post's overall value to shareholders.

Morgan Stanley went a step further, however, and suggested Deutsche Post may be close to making the same decision. With a new chief financial officer at DP, the firm wrote, "we sense management has stepped up a gear in terms of addressing investors' longstanding sore point -- the U.S. business."

http://www.aircargoworld.com/break_news/01082008d.htm

I wonder if the "sense management has stepped up a gear" is about the new year restructuring? I wonder if the new year restructuring is the 1/3 reduction in flying everyone (workers not mgmt.) is talking about?

 

[Flyin Tony]

So what does everyone think is going to happen in the next 6 months over there?

 

[Flyin Tony]

So what does everyone think is going to happen in the next 6 months over there?

Nevermind that is a dumb question

 

[GoABX]

If DHL pulls out it might be great news for ABX. DHL pays a lot, F.U the system, then sells it back to Hete for a fraction of the original price. ABX ran it well before, we can run it again. Our previous shortcomings were lack of marketing, creativity and capital. These issues would need to be resolved. The question for Astar is whether Hete can do it just with CHI or if he needs more lift...(i.e. would he dump the current CHI customer base just to get the whole DHL pie.)

 

[b707guy]

There'd almost have to be other things going on under the table, since CHI's customer base, BAX Global, is still quite large and lucrative. If DHL were to pull out entirely as a system, I'd guess UPS and FedEx would do their best to pick up as much of it as they could, which might very well leave a good chunk of the rest of us in the lurch. Whatever's left would be divvied up between Astar and ABX. Geez - maybe BAX is looking to expand? Who knows????

 

[ABXbooger]

I tend to think that DHL will not, rather cannot pull out of the US. Here's my reasoning. UPS and Fedex are predominantly growing their international freight, thats were most of their growth has come from for several years now. DHL is still the largest company internationally. If they give up on the US, they will be out of business in a matter of years. Their only chance of continuing is eventually getting the US on track and leveraging their international position to growing the US. Sooner rather than later, UPS and Fedex will be viable alternatives to DHL in the rest of the world.

I do like the previous thread about ABX taking back DHL's biz in the US, though. Maybe they would sell us the biz and sign on as a "code-share partner" so to speak?

 

[shooter]

I tend to think that DHL will not, rather cannot pull out of the US. Here's my reasoning. UPS and Fedex are predominantly growing their international freight, thats were most of their growth has come from for several years now. DHL is still the largest company internationally. If they give up on the US, they will be out of business in a matter of years. Their only chance of continuing is eventually getting the US on track and leveraging their international position to growing the US. Sooner rather than later, UPS and Fedex will be viable alternatives to DHL in the rest of the world.

I do like the previous thread about ABX taking back DHL's biz in the US, though. Maybe they would sell us the biz and sign on as a "code-share partner" so to speak?

Oh man would I LOVE to be Airborne Express again. Even if it does mean we are hauling yellow boxes.

It may be too much to ask, but we always have a nice empty HUB and Sort collecting dust in DAY.

 

[rotor&wing]

If DHL pulls out it might be great news for ABX. DHL pays a lot, F.U the system, then sells it back to Hete for a fraction of the original price.

More realistically, take a look at ABX stock. With all this talk of restructuring ABX's stock is now trading around $3.50. If DHL announces any reduction of ABX flying or reduction of ground services, that number will go lower. Makes that $7.75 offer from Astar look really attractive to the shareholders.

No crystal ball here but it looks like ABX is headed for a buyout.

 

[countbat]

If DHL is to cease operations in USA, many of the people talking around this forum will be looking for jobs

 

[shooter]

More realistically, take a look at ABX stock. With all this talk of restructuring ABX's stock is now trading around $3.50. If DHL announces any reduction of ABX flying or reduction of ground services, that number will go lower. Makes that $7.75 offer from Astar look really attractive to the shareholders.

No crystal ball here but it looks like ABX is headed for a buyout.

Quite possible, and you can say that Astar is headed for a buyout as well. ABX has been buying and growing, while Astar....well you know. But keep trying to stir the pot there rotor, if you wish. And about your avitar, I can see why you are single, but doubt disease free. :bomb: later, imp:

 

[shooter]

If DHL is to cease operations in USA, many of the people talking around this forum will be looking for jobs

You are right, many many people will be hurt by that.

 

[rotor&wing]

Quite possible, and you can say that Astar is headed for a buyout as well. ABX has been buying and growing, while Astar....well you know. But keep trying to stir the pot there rotor, if you wish. And about your avitar, I can see why you are single, but doubt disease free. :bomb: later, imp:

No "stirring the pot", just looking at the situation. ABX stock has been way down, and any bad news will cause it to go down even more. Sorry, that's just a fact of life.

Astar made an offer of $7.75/share for ABX. Right now many shareholders would like to see that offer restarted.

As far as Astar, it's a private owned company heavily backed by DHL. And while you may see nothing going on at the surface, there is alot happening behind the scenes. The advantage of privately held companies is no reporting.

As a final note, yes the propaganda machine is in full tilt at Astar. There are contract negotiations going on and this is the norm, just ask the 1224 guys, they have been through the same.