Lunar New Year slowdown less pronounced from February cargo traffic
Less visible in preliminary cargo traffic reports for Asia-Pacific based carriers are the usual slowdowns associated with idled factories during...
Capacity & Demand
Hong Kong sees Feb. cargo volume lift from 2019, 2020 levels
Hong Kong International Airport (HKG) reported February 2021 cargo throughput of 310,000 tonnes, representing a 23.3% year-over-year increase and a...
Memphis Airport surpasses Hong Kong in 2020 cargo throughput
FedEx’s Memphis International Airport (MEM) hub has dethroned Hong Kong International (HKG), the longtime largest cargo airport, in terms of...
Cathay Pacific’s cargo revenue swells despite decreased capacity
A Cathay Pacific 747 Freighter. Photo/Cathay Hong Kong-based Cathay Pacific Group reported cargo revenue up 17.1% year on year to...
February airfreight rate volatility creates risky environment for forwarders
A recovery in airfreight volumes to pre-pandemic levels in February, combined with continued year-over-year capacity shortages, stand to negatively impact...
Japanese air exports up in December and January, imports down
Japanese airfreight exports showed a notable uptick in volumes toward the end of 2020, based on timely statistics reported by...
US air trade ends 2020 on a high, Cargo Facts Consulting finds
In 2020, both U.S. air exports and imports ended on a high, growing 3% and 4%, respectively, compared to December...
![COVID-19 vaccine draws international cargo carriers to Grand Rapids [2]](https://cargofacts.com/wp-content/uploads/2020/12/FX-GRR-2-1-350x250.jpg)
IATA: 2021 cargo traffic kicks off with annual growth despite short capacity
Story updated on March 3 to include comments from Kuehne+Nagel. Air cargo traffic in cargo tonne kilometers (CTKs) recovered to...
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