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The dynamics of massive particles in the collinear high momentum regime is investigated. Methods hitherto exploiting large time asymptotic Hamiltonians in the Dirac picture for the treatment of infrared divergences are adapted to the collinear asymptotic dynamics. The essential role of time ordering of the dressing operators is brought out.

A general form of multi-channel Bethe-Salpeter equation is considered. In contradistinction to the hitherto applied approaches, our coupled system of equations leads to the simultaneous solutions for all relativistic four-point Green functions (elastic and inelastic) appearing in a given theory. A set of relations which may be helpful in approximate treatments is given. An example of extracting useful information from the equations is discussed: we consider the most general trilinear coupling of N different scalar fields and obtain - in the ladder approximation - closed expressions for the Regge trajectories and their couplings to different channels in the vicinity of l = -1. Sum rules and an example containing non-obvious symmetry are discussed., 16 pages. Extended version published in JHEP. Uses JHEP.cls (included)