28-Jan-2011 9:54 AM

Cathay overtakes Korean as largest cargo carrier as Hong Kong Airport passes Memphis

Cathay Pacific became the world's largest international air cargo carrier in 2010, overtaking Korean Airlines (Bloomberg, 27-Jan-2011). Hong Kong International Airport was the largest freight airport last year, driven by surging exports from China, ahead of FedEx hub, Memphis International Airport, which has been the world’s busiest cargo airport since at least 1992.