Transportation Industry
Air Cargo Shipments Rise 6.7% in July
Transport Topics, September, 2004 by Anonymous
Total air cargo shipments rose 6.7% in July compared with a year earlier, the Air Transport Association reported. It was the smallest monthly increase since March.
Air cargo shipments always have a trucking component, since air carriers use trucks for the local and regional ground transportation.
Overall cargo shipments increased to 2.08 billion revenue ton-miles.
A ton-mile is the measure by which the association gauges air cargo shipments. A revenue ton-mile is the revenue generated by carrying one ton of freight one mile.
The report said domestic cargo shipments rose 1.8%, the smallest gain in 2004, compared with a year earlier, while international shipments rose 11.8%. Through the first seven months of the year, total air cargo shipments were up 6.8% over 2003. - Transport Topics
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