DFW benefits from healthy cargo business

More than US$50 billion of cargo makes its way through Dallas/Fort Worth International Airport each year and a recent economic analysis by the University of North Texas’ Center for Economic Development and Research estimated that the airport’s cargo traffic adds $16 billion a year to the region’s economy.


DFW benefits from healthy cargo business


More than US$50 billion of cargo makes its way through Dallas/Fort Worth International Airport each year and a recent economic analysis by the University of North Texas’ Center for Economic Development and Research estimated that the airport’s cargo traffic adds $16 billion a year to the region’s economy.

Overall, air cargo has sagged considerably over the last decade at airports across the country and for DFW the peak year was 2000, when 904,463 tonnes of cargo moved through the airport’s extensive freight facilities. In fiscal 2013, cargo volume was 587,1176 tonnes with the decline largely a result of shrinking domestic shipments.

International cargo now accounts for roughly half of freight moving through DFW, some in the bellies of passenger aircraft, but more on dedicated freighters. In the last two years, global carriers like Cargolux, Singapore Airlines Cargo, Asiana, Nippon Cargo and Air China Cargo have launched service between DFW and Asia.

Adi Tomer, a research fellow with the Brookings Institution, said the Dallas region’s industrial base matches up well with much of this Asian cargo. “Certain freight assets release certain kinds of economic activity. It’s especially critical in advanced manufacturing … of low-weight, high-value products,” he said according to a Dallas News report. “The good thing for Dallas is, not only is Dallas/Fort Worth a major freight airport, the Dallas economy makes products that tend to fly by air.