Traffic World


Today's News

, 2004
Indiana Ports Hit Three Year High
Brussels Freighters Boost
   Cargo Growth at Airport

Schenker Upgrades Security
Truckers Haul Heavy 3Q Payloads
Fuel, Service Nail UP
Diesel Prices Soar 8.8 cents,
    Add $57 million to Truck Tab

In Slow Lane on Rate Hikes,
    Trucker Swift Will Add COO

Ports Near Gridlock: Dockworkers
NS Rolls in Third Quarter
Traffic World Names Three to Staff
DOT Announces U.S.-China Rights
Heavy Traffic on Road & Rail

DOT Announces U.S.-China Rights
October 19, 2004


iCopyright Reprint permission

The U.S. Department of Transportation confirmed the selection of Polar Air Cargo as a new entrant in the U.S.-China aviation market. The three all-cargo carriers currently serving China - FedEx, Northwest Airlines and UPS - will receive additional flights to expand their services, as well.

The new services were made available by the U.S.-China aviation agreement signed July 24 in Beijing. Four more U.S. carriers will be named over the next six years.

The department noted that the benefits of the agreement come at a critical time. China is the United States' largest transoceanic trading partner and the China-U.S. trade is expected to grow faster than any other U.S. air freight market over the next two decades.

The agreement allows a total of 195 new weekly flights over six years for the carriers of each country - 111 by all-cargo carriers and 84 by passenger airlines. Prior to the new agreement, the carriers of each country could operate a total of 54 flights per week. This means that at the end of the six-year period, each side may operate a total of 249 weekly flights between the two countries. The agreement also allows five additional airlines from each country to serve the U.S.-China market over the next six years, of which Polar was the first new U.S. carrier to be named.

The department awarded Polar nine weekly U.S.-China flights, six of which are available now and three beginning March 25, 2005. FedEx and UPS each received 12 additional weekly flights, and Northwest received six. For each of the three incumbent carriers, half of the new flights are available now, and the other half on March 25, 2005.

"These additional routes will help feed the appetite of the growing U.S. economy by providing new avenues for trade with China," said DOT Assistant Secretary for Aviation and International Affairs Karan Bhatia.

Get Copyright Clearance Want to use this article? Click here for options!
Copyright 2004 Commonwealth Business Media

 

 

 

 

 


Subscribe Today
Subscribe!
Enter your email address to join Traffic World Newsletter today!

HTML
Text       
AOL

Air Cargo World
International
Trends & Analysis


Traffic World
    is part of
Commonwealth Business Media logo

 

Customer Service: 1-888-215-6084 or customerservice@cbizmedia.com

Cover Story | Summary | Editorial
Letters | Back Page | Classified | Home
© 2004 Traffic World Magazine