Home/American Shipper/FAA: Air cargo to increase 4.2% annually American Shipper FAA: Air cargo to increase 4.2% annually FreightWaves Staff · Monday, March 17, 2014 Facebook Twitter Pinterest LinkedIn The Federal Aviation Administration says air cargo traffic will increase at an annual growth rate of 4.2 percent, doubling by 2034. This increase, the agency noted, will be fueled by steady economic growth, both domestic and worldwide.