DFW international cargo figures surge ahead: strong growth continues from Asian and European markets.Dallas/Fort Worth International Airport (DFW DFW Dallas/Ft Worth, TX, USA - Dallas Ft Worth International (Airport Code) DFW Department of Fish and Wildlife DFW David Foster Wallace DFW Drug-Free Workplace DFW Down For Whatever (song by Pretty Young Things) ) has become one of the star cargo gateways of the world, spurred by red-hot economic growth in Asia and the recovering economies of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Europe. The Texas-based Airport experienced a 19% rise in international cargo for 2003, compared to 2002 figures, exceeding its year-over-year growth average for the past 10 years by more than 6%. DFW, which recently launched service to Shanghai and Beijing with China Cargo Airlines China Cargo Airlines is a cargo airline based in Shanghai, People's Republic of China. It is China's first all-cargo airline operating dedicated freight services using China Eastern Airlines route structure. , has grown its international cargo business at about 13% since 1993. DFW's foreign flag business (non-U.S. carriers) rose 15% in 2003 as cargo markets maintained their recovery. About 41% of the trade flow through the DFW encatchment area is Asian, while 36% is European, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. U.S. Department of Commerce statistics. "As the major mid-continent gateway to the world, DFW provides the central location, unmatched transportation facilities and fast, efficient service required by businesses that operate globally," said Bill Frainey, assistant vice president of marketing for DFW. "As importers and exporters have experienced business growth due to the weak U.S. dollar and the stronger economy, we have supported their efforts with vital cargo routes, facilities and services." The Airport's new service to China has enjoyed huge success, solidifying DFW's preeminent position as the leader in Asian cargo for the South and Eastern United States. DFW, which is the first non-traditional gateway chosen by a Chinese carrier, offers 26 cargo flights per week into Asia. Currently, the Airport is served by five Asian cargo airlines, connecting to such Asia Pacific destinations as Beijing, Shanghai, Taipei, Seoul, Macau, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. and Singapore. DFW comprises 18,076 acres of land, with more than two million square feet devoted to cargo warehouse space. The airport offers clients 24-hour customs clearance and seven runways, which help result in fewer delays, greater volume and on-time, cost-effective service. Like no other gateway in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , DFW offers more than 2,000 acres of airport land dedicated to air cargo air cargo: see aviation. facility development. The Airport, which is home to more than 100 multinational freight forwarders An individual who, as a regular business, assembles and combines small shipments into one lot and takes the responsibility for the transportation of such property from the place of receipt to the place of destination. , consolidators and logistics providers, is served by more than 40 cargo carriers that offer local shippers and forwarders access to markets throughout North America, South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , Europe and Asia. For additional information, visit www.dfwairport.com. DFW Cargo Overview Since 1993, DFW has more than tripled its international air cargo, due to sustained trade growth, mainly to Asia. DFW International Air Cargo (Thousands of Metric Tonnes) 1993 59 1994 67 1995 78 1996 77 1997 92 1998 99 1999 123 2000 142 2001 143 2002 161 2003 192 93-03 Growth = 225% 93-03 CAGR = 13% SOURCE: DFW Annual Statistics Note: Table made from line graph. DFW Cargo Overview Asian freighters are the driving force (81%) behind the robust growth in foreign flag cargo. DFW Asian Freighter Air Cargo (Thousands of Metric Tonnes) 1993 6 1994 8 1995 12 1996 18 1997 27 1998 35 1999 52 2000 68 2001 62 2002 88 2003 106 93-03 Growth = 1,667% 93-03 CAGR = 33% SOURCE: DFW Monthly Flight Activity Reports Note: Table made from line graph. |
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