Industry News

Courtney Agencies Ltd. provides a weekly industry news update to its clients.

Please click here to receive this update by email.





Customs &
Trade News

Transport &
Trade News

April 11, 2018

Hong Kong and Memphis remain the busiest cargo airports

Air cargo volumes at the world's 20 busiest airports grew by 6.8% in 2017, according to Airports Council International (ACI). These airports handled a combined 51 million metric tonnes of cargo. This represents 43% of global air cargo volumes.

Hong Kong (HKG) occupies top spot as the largest air cargo center handling more than five million metric tonnes of cargo in 2017. Volumes at HKG grew by 9.4% year-on-year. Completing the world's top five for total cargo in 2017 are Memphis (MEM), Shanghai (PVG), Incheon (ICN) and Anchorage (ANC).

The winners in a growth perspective were Shanghai (PVG), Chicago (ORD) and Doha (DOH) which all experienced double digit growth of 11.2%, 12.6% and 15.0% respectively.

Air cargo experienced a revival across many of the world's airports in 2017 and into 2018. Even with the uncertainty regarding the threat of trade wars and the growth of protectionist sentiments across the world, business confidence has remained strong through inventory build-ups and increased export orders in 2017.

Source: ACI