Memphis airport official says Hong Kong now No. 1 - WMC Action News 5 - Memphis, Tennessee

Memphis airport official says Hong Kong now No. 1

MEMPHIS, Tenn. (AP) - An airport official says Memphis International Airport's 18-year reign as the world's top cargo airport has ended, unseated by Hong Kong.

The Commercial Appeal quotes Memphis-Shelby County Airport Authority President Larry Cox, who said nothing lasts forever.

Cargo through Hong Kong International Airport increased by 23.4% in 2010 to 4.1 million metric tons.

Tonnage at Memphis - the home of FedEx - grew by 5.9% to 3.9 million metric tons.

Cox calls the change a global shift and says Hong Kong would have likely overtaken Memphis a couple of years earlier, had the global recession not slowed China's economy.

The newspaper says official rankings by Airports Council International won't be out until April.

Information from: The Commercial Appeal, http://www.commercialappeal.com

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