Hong Kong Air Cargo Terminals Limited (Hactl) announced that its tonnage throughput for March and the first quarter both went down more than 20 per cent, but the figures provided "minor relief" as they are a further indicator that the sharp declines have levelled off. "The March figures came as a minor relief, as compared to the sharp tonnage declines registered in the previous months," said Hactl's general manager of Marketing and Customer Service, Lilian Chan. "But the market outlook remains … [Read more...] about Hactl's March volumes come as "minor relief"
Airports
MASkargo looks to transhipment discounts
Malaysia Airlines Cargo (MASkargo) is pinning its hopes on further discounts to woo freight forwarders to increase their transhipment volumes through MASkargo's Advanced Cargo Centre at Kuala Lumpur International Airport (KLIA). MASkargo managing director, Shahari Sulaiman, said earlier rebates on terminal charges for cargo transhipped via Malaysia Airlines had been increased to 100 per cent for air-to-air, land/rail-to-air, and sea-to-air transhipments from April 10 to September. “With … [Read more...] about MASkargo looks to transhipment discounts
Cargolux to begin Toronto service next week
The Greater Toronto Airports Authority (GTAA) has announced that Europe's largest all-cargo airline, Cargolux will be beginning service at Toronto Pearson International Airport as of 20 April with a weekly freighter utilising B747-400 aircraft. This new service will provide the Canadian market with approximately 50 tonnes of capacity on each flight. … [Read more...] about Cargolux to begin Toronto service next week
Indonesia cargo crash kills six
Indonesia cargo crash kills six All six people aboard an Aviastar BAe 146-300 cargo aircraft ware dead after the aircraft carrying elections materials crashed last week in the mountainous area of Indonesia's eastern Papua province. The plane was attempting to land at Wamena Airport, wich is situated at the Baliem Valley with an airport elevation of 5,085 ft. and surrounded by mountains up to 12,000 ft. high. Indonesia, which relies heavily on air links across the archipelago, has one of Asia's … [Read more...] about Indonesia cargo crash kills six
Düsseldorf eyes move into perishable business
Düsseldorf International Airport is looking to the perishables sector to boost cargo growth citing continued healthy growth of the sector and the large catchment area of the North Rhine Westphalia region, with Düsseldorf at its heart, in all accounting for around 20 per cent of Germany's total spending power. "The Perishables market continues to grow despite economic downturn, with many of the products such as fruit, established as staple food items rather than luxury," said DUS Cargo … [Read more...] about Düsseldorf eyes move into perishable business
US freight index shows further March decline
A key measure of industrial shipping in the US has shown a further 3.5 per cent decline from February to March after offering a glimmer of hope in February when it showed its first fractional gain in six months. The Cass Freight Index for shipments declined 22 per cent in March from the same period a year earlier. Freight transportation spending also turned negative after a slim month-to-month gain in February. The measure of expenditures fell 2.1 per cent from February to March and was down a … [Read more...] about US freight index shows further March decline