US air express revenues reached a record $31.3 billion in 2005, a 4.7% increase over 2004, but traffic remained flat, according to an industry study released last week. The Air Cargo Management Group's annual "US Domestic Air Freight and Express Industry Performance Analysis" notes that revenues are growing steadily, particularly for FedEx and UPS. "However, traffic volume for the industry at 15.3 billion ton-miles, and the number of shipments moving through the major express companies at ...

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