ABX Air and All Nippon Airways signed a new ACMI Agreement, extending their relationship through mid-January 2010.

The new agreement replaces one announced in May which was the first ever approved by the Japanese Civil Aviation Bureau for a foreign carrier to conduct cargo aircraft operations on behalf of a Japanese airline.

ABX Air will continue to support ANA's cargo operations in Asia with two of its 767-200 aircraft, crews and maintenance personnel. Additional services may be added as ANA's business expands. Revenue from the new ACMI agreement is expected to be more than $32 million per year.

"Asia is, and will likely remain, the world's fastest growing market for air cargo services," President and CEO Joe Hete said. "Our plan is to bring all of the capabilities of the ABX family of companies, including those we recently acquired via Cargo Holdings International, to better serve ANA and other companies operating in this vast market."