DHL Express announced today the opening of its new state-of-the-art service centre located at Goodman Interlink in Tsing Yi. DHL said the new facility complements the company’s existing service centres in Cheung Sha Wan and Tsuen Wan and significantly bolsters the overall shipment handling capacity of the company, supporting the steady business growth in the market. The new Tsing Yi Service Center represents a total investment of HK$78 million (US$10 million) and measures approximately 13,000 … [Read more...] about DHL Express unveils new HK$78 million facility
Hong Kong International Airport
Hactl, CKS join forces to further tap Pearl River Delta cargo
Aiming to further tap the Pearl River Delta region, HACTL Development Holdings Ltd (HDHL) – the business development arm of the Hong Kong Air Cargo Terminal Ltd (Hactl) Group - has entered into a unique cargo logistics agreement with Chu Kong Shipping Enterprises (CKS). The objective of the Memorandam of Understanding (MoU) is to explore the joint development of logistics links and infrastructure in and around Hong Kong International Airport and the Pearl River Delta region, supporting the … [Read more...] about Hactl, CKS join forces to further tap Pearl River Delta cargo
HK signs loan US$600m loan deal for third runway
The Airport Authority Hong Kong has signed a five-year, US$600 million evolving credit facility with 21 local and international banks participating, to help finance the expansion to a three-runway airport. Jack So Chak-kwong, the authority’s chairman, said a third runway is vital for HKIA’s cargo business, which handled 4.38 million tonnes in 2014 – a 6.0 per cent rise over the previous year. For the first six months of 2015, cargo traffic at HKIA was mostly flat, rising just 0.6 per cent, … [Read more...] about HK signs loan US$600m loan deal for third runway
NZ$1 million ‘lost’ at HKIA under Cathay's care
Cathay Pacific’s procedures at Hong Kong International Airport have come under scrutiny after after one of 13 bags containing NZ$1 million (US$660,235) went missing during transfer from an aircraft to the cargo terminal. The incident happened on Friday night when a luggage box labeled 'G4S International' – a UK security firm – carrying 13 cash bags with about NZ$10 million was bound for the Bank of China. The money was reportedly transferred to the Cathay Pacific Cargo Terminal from the aircraft … [Read more...] about NZ$1 million ‘lost’ at HKIA under Cathay's care
NZ$1 million ‘lost’ at HKIA under Cathay’s care
Cathay Pacific’s procedures at Hong Kong International Airport have come under scrutiny after after one of 13 bags containing NZ$1 million (US$660,235) went missing during transfer from an aircraft to the cargo terminal. The incident happened on Friday night when a luggage box labeled 'G4S International' – a UK security firm – carrying 13 cash bags with about NZ$10 million was bound for the Bank of China. The money was reportedly transferred to the Cathay Pacific Cargo Terminal from the … [Read more...] about NZ$1 million ‘lost’ at HKIA under Cathay’s care
Hong Kong sees flat cargo traffic in first half
Hong Kong International Airport (HKIA) handled 2.1 million tonnes of cargo for the first half of 2015, up 0.6 per cent from the same period last year. Throughput for the first half of the year was affected by a drop in exports but is expected to consolidate for the rest of the year, the Hong Kong Airport Authority said. On a rolling 12-month basis, the airport handled 4.4 million tonnes of cargo, up 3.2 per cent from the previous 12 months. The airport handled 349,000 tonnes of cargo from … [Read more...] about Hong Kong sees flat cargo traffic in first half
