Hong Kong’s largest air cargo terminal has teamed up with a Pearl River Delta ocean shipping and logistics heavyweight to increase its regional reach and drive up air freight business through the airport.
The logistics arm of Hong Kong air cargo terminal, Hactl, has opened a depot in the Pearl River Delta city of Nansha that will target China’s fast growing e-commerce business.
Records are tumbling at Asia’s air freight hubs of Shanghai and Hong Kong this year, with double-digit growth reported at the main terminals in November and for the year-to-date.
Air cargo terminals in the Asian hubs of Shanghai and Hong Kong have reported another strong month, with the annual throughput shaping up to be the best in years.
The air freight market out of Asia is taking off, with solid figures reported by terminals, carriers, forwarders and the semiconductor industry, which plays a significant role in driving air cargo growth.
Air cargo imports handled by Hong Kong Air Cargo Terminals Ltd. declined sharply year-over-year in June, falling to 49.4 million kilograms from 58 million in June 2012. Overall air cargo volume fell 3.2 percent as a result, to 169.4 million kilograms.
Air cargo handled by Hong Kong Air Cargo Terminals Ltd. showed a slight year-over-year decrease in May 2013, resulting from a 1 percent drop in imports.
The first three months of 2013 show a 1.1 percent increase in imports and a 3.6 percent decrease in exports when compared to the same period in 2012 handled by Hong Kong Air Cargo Terminals Ltd.
Hong Kong Air Cargo Terminals, which handles cargo at Hong Kong International Airport, reported traffic in the fourth quarter of 2012 was 754,226 metric tons, rising 6.2 percent from the fourth quarter of 2011.
Hong Kong International Airport saw cargo volumes increase in August on the back of strong trade to and from Japan and South East Asia and a 3 percent increase in exports.