March 2019: LAX Soars in World Airport Rankings, Moves to Fourth in the World, No. 10 Busiest Cargo Operation Globally Los Angeles International Airport (LAX) has regained its position as the fourth busiest commercial airport in the world, while also growing in the global rankings for its cargo operations, according to Airports Council International (ACI) World data. LAX's world ranking for cargo operations also jumped three spaces to become No. 10 for the most cargo tonnage processed. In 2018, LAX processed a total of 2.2 million metric tons, an increase of 2.4 percent over 2017.
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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
September 25, 2019: Cargo project at LAX airport put on back burner, official confirms: A long-overdue modernization of crowded and obsolete cargo warehouses at Los Angeles International Airport (LAX) has been shelved for 18 to 24 months because the number of major construction projects…is too overwhelming for the airport authority to manage at once and would negatively impact the local community... Addressing about 200 freight forwarders at a “town hall” meeting near LAX on Sept. 24, Ramon Olivares, director of property services at Los Angeles World Airports (LAWA), said a new Request for Proposals to redevelop 29 cargo facilities scattered around the airport would be issued within two years and that it could take another three years “to actually put a shovel in the ground for the first development.” Eric Kulisch, FreightWaves.com
September 19, 2019: US Airline’s Cargo Volume Down During June: According to US Department of Transportation data, air cargo volume for US carriers declined 7.3 percent during June 2019 compared to June 2018. Domestic cargo was up 2.8 percent and international cargo was down 9.8 percent during June. Cargo decreased 2.4 percent for the year ended June 2019. Domestic cargo volume increased 3.5 during the 12 month period and international was down 3.8 percent. https://www.planestats.com/arrival
January 29, 2019: Pelican BioThermal launches LAX facility for Crēdo on Demand program: Temperature-controlled packaging company Pelican BioThermal has added a Los Angeles facility to its network of packaging repair stations for its Crēdo on Demand line of reusable, rentable containers. The network station and service center at Los Angeles International (LAX) “puts customers in Asia and elsewhere in the world in closer proximity to more convenient and flexible shipping options.” Nina Chamlou, Air Cargo World.
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 the same period. Greg Knowler, Europe Editor, Joc.com