Hong Kong Air Cargo Terminals Limited (Hactl) said it handled a total of 133,624 tonnes of cargo in February, down 22 per cent year-on-year. Import volume for February was 38,587 tonnes, down 20 per cent against February last year while exports were down 25.3 per cent year-on-year for a total of 64,546 tonnes. Exports to Europe were particularly weak, with a significant decline of 37.7 per cent. Cumulative tonnage for the first two months of the year was 276,378 tonnes, down 26.9 per cent … [Read more...] about HK’s cargo volumes continue to slide
HACTL
Hong Kong cargo drops 29% in Jan
Air cargo through Hong Kong's airport dropped 28.9 per cent year-on-year in January to 210,000 tonnes, according to recent figures released by the airport authority. Almost all major markets experienced a double-digit decline during the month. While imports from Japan, Europe and Southeast Asia dropped most significantly, exports to Europe, North America and Taiwan showed the biggest dip. Transshipments to and from Taiwan, the Mainland and Southeast Asia were also hit. From February 2008 to … [Read more...] about Hong Kong cargo drops 29% in Jan
HK sees plummeting volumes
Hong Kong's December air cargo throughput plunged 29.7 per cent from a year earlier, on the back of weak global demand for Asian goods as a result of the deteriorating economic conditions in Western countries where many retailers were offering huge discounts to sell goods over the Christmas period. The decline in trade accelerated from a 19 per cent year-on-year drop in November, according to the latest data from Hong Kong Air Cargo Terminals Ltd (Hactl). "The global economic performance remains … [Read more...] about HK sees plummeting volumes
8% tonnage drop for Hactl in September
Hong Kong Air Cargo Terminals Limited (Hactl) announced its tonnage quarter and the first nine months of 2008. A total of 221,882 tonnes and 661,505 tonnes were handled in September and the third quarter, representing a yearon- year decline of 8 and 4.1 per cent respectively. Tonnage throughput for the first nine months of the year was 1,939,896 tonnes, representing a cumulative year-on-year growth of 2.3 per cent. Export volume was 125,893 tonnes for September and 365,926 tonnes for the … [Read more...] about 8% tonnage drop for Hactl in September
Hong Kong: Hactl reports 3.3% drop in August volumes
Hong Kong Air Cargo Terminals Limited (Hactl) announced recently that its air cargo tonnage throughput for August totalled 220,574 tonnes, representing a year-on-year dip of 3.3 per cent. Cumulative tonnage for January-August 2008 was just on 1.72 million tonnes, up 3.8 per cent against the same period last year. Hactl said both import and export volumes in August had registered a decline. Import volume showed a decrease of 7.1 per cent year-on-year, with a total of 53,836 tonnes handled in the … [Read more...] about Hong Kong: Hactl reports 3.3% drop in August volumes
