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The only major competitor in the overnight market was Federal Express (FedEx), which did not open its first international service until 1981, expanding to Toronto, Ontario, Canada. Nevertheless, the domestic market was extremely profitable, and DHL was the third largest courier behind FedEx and UPS.
The service is a partnership with DHL Express reseller DHL OptimalShip [11] and allows LSO shippers to book DHL Express shipments via LSO instead of having to book them separately. [12] In November 2020, LSO was acquired by WeDo Logistics, a holding company based in Austin, Texas which also owns final-mile parcel delivery provider Scoobeez. [13]
Airborne Express was an express delivery company and cargo airline. Headquartered in Seattle, Washington, its hub was in Wilmington, Ohio. Airborne was founded as the Airborne Flower Traffic Association of California in 1946 to fly flowers from Hawaii to the US mainland. Airborne Express was acquired by DHL in 2003.
DHL Group was the largest logistics company worldwide in 2022. [5] [better source needed] DHL Group is the successor to the German mail authority Deutsche Bundespost, the oldest modern postal service in the world, [6] tracing its roots to the middle ages. It was privatized in 1995 and became a fully independent company in 2000.
The courier industry in United States is a $59 billion industry, with 90% of the business shared by DHL, FedEx, UPS and USA Couriers. On the other hand, regional and/or local courier and delivery services were highly diversified and tended to be smaller operations; the top 50 firms accounted for just a third of the sector's revenues.
FedEx Express is the company's original overnight courier services, providing next day air service within the US and time-definite international service. It operates one of the largest civil aircraft fleets in the world, has the largest fleet of wide bodied civil aircraft, and carries more freight than any other airline. [ 21 ]