"Shocking" Fall In Air Cargo

Shocking?

No.

DHL would still be in business if it was shocking. Instead, they saw what was comming and decided to leave.

Airlines report ‘shocking’ fall in cargo traffic
By Kevin Done in London
Published: January 29 2009 19:24 Last updated: January 29 2009 19:24

The airline industry on Thursday reported an “unprecedented and shocking” plunge in global air cargo traffic.

The International Air Transport Association said traffic volumes fell 22.6 per cent year-on-year in December. Air freight accounts for 35 per cent of the value of goods traded internationally.

But what about us?

LAX air cargo volume off 13.5% in 2008

Los Angeles International Airport, the fourth-busiest U.S. airport, saw a 13.5 percent decline in air cargo volumes during 2008, according to statistics released Tuesday. Air cargo moving through the airport last year, including mail and freight, fell from 2.08 million tons in 2007 to 1.8 million tons in 2008. The drop was solely attributable to a 14.3 percent decline in air freight through LAX, which easily offset a 10.2 percent increase in air mail in 2008. Mail cargo increased to 73,505 tons from 66,707 tons in 2007. Freight fell to 1.72 million tons from 2.01 million tons. Passenger traffic through the airport also declined 4.7 percent to 59.5 million from 62.44 million in 2007.