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Although passenger volumes appear to have bottomed out and freight recently recorded a small increase, IATA's boss, Giovanni Bisignani, fears that the worst is yet to come and that once the summer holidays are over the crisis will intensify.
ECONOMIST: Airlines in the recession
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The algorithms that came out of Powell's lab in the 1980s had changed the industry's "less-than-truckload" segment (consisting of parcels and smaller freight) by mapping out a more efficient way to plan routes and using terminals that break down shipments.
FORBES: Magazine Article
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More than 300, 000 tonnes of freight was flown in and out of the Castle Donington-based airport during 2010.
BBC: East Midlands Airport reports busy cargo year
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Once the coal is offloaded, some will immediately be sent out via rail freight trains to the Drax power station.
BBC: Largest ship in Port of Tyne brings coals to Newcastle
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And Stalk points out that air freight, thought to save the day for lightweight or high-value goods, is facing its own overload from unbuilt runways and a scarcity of planes.
FORBES: Bare Shelves?
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On the other hand, I could bring in the wearied freight-train men who had lain out all night.
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An inevitable increase in freight costs is not going to wipe out the benefits of manufacturing in low-cost countries abroad.
ECONOMIST: Can it ever again be business as usual?
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It also points out that tourists, revellers and freight, not just commuters, use the Thames.
ECONOMIST: Thames river transport
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Medicaid pays the full freight for most healthcare services (with few out of pocket costs) but compensates by sanding down the rates paid to providers.
FORBES: The New Obamacare Insurance Is Looking More Like Medicaid
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Pilot Air Freight, the company which carried the unusual cargo, pointed out that, apart from anything else, Mr McKinley had narrowly escaped death by having the good fortune to fly in pressurised, heated cabins.
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Just as we experienced with the fiber-optic cable build-out, there was soon too much railroad capacity, and freight prices fell.
FORBES: Deflation Dissected