The story
The company originally opened for business in ten cities in the United States on June 15, 1972, as Burlington Northern Airfreight, 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. The company acquired WTC Air Freight in 1987 and the assets of failed air freight carrier Roadway Global Air from Caliber System in 1995. 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 Brink's by DB Logistics, the Transportation and Logistics Division of Deutsche Bahn, for $1.1 billion.
Burlington Air Express had a dedicated fleet of aircraft owned and operated by Air Transport International (ATI), a sister company also owned by Brinks. At the time of the sale of BAX Global to DB Logistics, ATI was sold to Cargo Holdings International. Cargo Holdings International is still under contract with BAX Global to provide dedicated lift.
In July 2011, Schenker Inc. (DB Schenker Logistics) announced it would give up its domestic airfreight activities in the US, Canada and Mexico and therefore would stop using the remaining fleet of 20 aircraft in the coming week as cargo had begun to be moved by trucks. This decision affected 700 employees and represented 10% of the Schenker Inc. business in this area.
From Wikipedia’s article on BAX Global, shared under CC BY-SA 4.0.4