All Nippon Airways on Tuesday reported a record high in cargo revenue of $863 million for the fiscal year third quarter ended Dec. 30 on higher demand from shippers seeking to avoid crowded ocean shipping lanes.
Popular items ANA carried were automotive parts, semiconductors, electronics and COVID vaccines. Much of the activity was on trans-Pacific and intra-Asia lanes.
For the first nine months, cargo revenues increased 160% versus 2019 to $2.2 billion.
Strong cargo performance helped the carrier...