Can't beat 'em? Join 'em. (DHL Airways Inc. agreement with Japan Air Lines Company Ltd., Deutsche Lufthansa AG, and Nissho Iwai Corp. )

Can't Beat `em? Join `em.

Aware of the tremendous expansion predicted for the express package delivery industry, enterprising air carriers are alert to opportunities to enter the field. DHL Worldwide Express recently announced an agreement with Japan Air Lines (JAL), Lufthansa Airlines and the Japanese trading company, Nissho Iwai, in which each acquired a minority share in DHL International Ltd. and DHL Airways, the U.S. operation, based in Redwood City, Calif. The DHL Worldwide Express network is composed of two separate, independently owned companies, DHL International Ltd., headquartered in Brussels, Belgium, and DHL Corporation, headquartered in Redwood City, …