April 2018: LAX Breaks 18-Year-Old Cargo Record, Processing 2.158 Million Metric Tons in 2017 Los Angeles International Airport (LAX) processed more than 2.158 million metric tons of cargo in 2017, breaking an 18-year-old record for cargo tonnage processed. The figure, which is inclusive of goods destined for both domestic and international destinations, has also increased LAX’s worldwide and national cargo processing ranking to #13 in the world and #4 in the nation, an increase from #14 and #5, respectively. The increase is an indicator that Los Angeles remains an important economic conduit for the world’s goods, and reaffirms Los Angeles World Airports’ (LAWA) strategic goal of sustaining a strong business."
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Other Cargo News
November 19, 2018: dnata Launches Operations at LAX: dnata, one of the world’s largest air services providers, continues to expand in the United States. The company has launched operations at Los Angeles International Airport and now provides quality and reliable ground handling and cargo services at 20 airports in the country. To establish operations in Los Angeles, dnata has invested $8 million in infrastructure and resources, creating more than 350 local jobs. AviationPros.com
November 6, 2018: Air cargo spot rates rise ahead of mainland China’s Singles' Day: The rush to ensure mainland China’s fulfilment centers are ready for the Nov. 11 online shopping festival has pushed up air cargo prices as the world’s leading brands try to ensure they have the inventory on hand to satisfy punishing last-mile requirements...The freight broker reported that Hong Kong-LAX freight rates increased 26.3 percent over the past two weeks, while Shanghai-Europe rates were up 17 percent over rel="noopener noreferrer" the same period. Greg Knowler, Europe Editor, Joc.com
October 31, 2018: Local Airport Passenger Volume Mixed in September: LAX, Ontario Up, Long Beach Down: Los Angeles World Airports, the city agency that runs LAX, reported a 1.4 percent increase over last year in passenger traffic in September to 6.9 million people. Domestic passenger traffic rose 0.9 percent to 4.8 million, while international traffic jumped 2.6 percent to 2.1 million…Air cargo tonnage was also up, rising 5.3 percent to 207,000 metric tons in September; cargo tonnage rose 2.7 percent for the first nine months rel="noopener noreferrer" of the year.
Howard Fine, Los Angeles Business Journal
October 28, 2018: Emirates Celebrates 10 Years of Service to Los Angeles: Friday marked an important milestone for Emirates Airline as it celebrated its 10 years of flying between Dubai and Los Angeles. Launching the route on Oct. 26, 2008, Los Angeles was Emirates’ third route to the United States…Emirates Sky Cargo has been operating flights to Los Angeles for only 5 years since 2013 but has flown around 185,000 tons of cargo to the City of Angels in that time. The cargo is mostly comprised of fruits and vegetables, making up a third of the freight carrier’s rel="noopener rel="noopener noreferrer" noreferrer" total cargo from Los Angeles.
Thomas Pallini, AirlineGeeks.com
October 26, 2018: AirBridge No Longer Just a Boutique Russian Air Cargo Carrier: AirbridgeCargo (ABC), has come of age. ABC, known mostly for its heavy lift capability…ABC currently runs 38 weekly flight segments in the US & Mexico, including fourteen in Chicago, six each in LAX and Atlanta, three rel="noopener noreferrer" rel="noopener noreferrer" in DFW, two each in Mexico City and Houston, and one in Columbus.
Brendan Dugan, American Journal of Transportation
August 9, 2018: Global Air Cargo Growth Slowed Markedly in June: The predicted slowdown of the global air freight market became a clear rel="noopener noreferrer" rel="noopener noreferrer" trend in June, as year-over-year (YOY) growth in the total air cargo market slowed to 2.7%.
Mark Nensel/Aviation Daily