A big drop in air cargo is yet another indicator that the economy remains weak and may be moving...

|By:, SA News Editor

A big drop in air cargo is yet another indicator that the economy remains weak and may be moving toward recession. Cargo shipments by passenger carriers UAL, DAL and AMR have plunged; while cargo is less than 4% of sales at the big U.S. airlines, their monthly reports offer more-timely readings on global air freight than quarterly results from FDX and UPS.