FedEx’s Home Airport Widens Cargo Gap Over Hong Kong

[DieselDragRacer]

http://www.bloomberg.com/apps/news?pid=20601209&sid=aE20.tadEAV4

Feb. 4 (Bloomberg) -- FedEx Corp.’s home airport in Memphis, Tennessee, remained the world’s busiest for cargo for the 18th straight year as the gap with Hong Kong widened because of a drop in shipments from Asia during the global recession.



Memphis International Airport handled 3.698 million metric tons of freight in 2009, a gain of 0.04 percent from 2008, according to airport data, while Hong Kong International Airport said cargo traffic fell 7.7 percent to 3.35 million metric tons.

 

[AC560]

Part of HKG's loss is also attributable to CAN and SZX growing. Wikipedia shows them at almost 1.6M tons combined.