Hong Kong's air cargo volume continued to fall with the airport's largest handler Hactl announcing a more than 30 percent decline in January's year-on-year volumes.
The cargo handler's slowing throughput comes close on the heels of smaller local competitor Asia Airfreight Terminals that yesterday announced a 29 percent fall in first month volume.
Hactl handled a total of 142,754 tonnes in January, down 30.9 percent. Import volume for January was 36,631 tonnes, down 34.7 percent year-on-year.
The export sector also recorded a decline of 32.6 percent against the same period in 2008, with a total of 75,691 tonnes being handled.
Transhipment tonnage in January recorded a decrease of 20.5 percent, with a total of 30,432 tonnes of cargo being handled.
"The current economic condition has posed a tremendous challenge to the global air cargo market," said Lilian Chan, general manager of marketing and customer service.
"We are paying unremitting efforts to review Hactl's services and further upgrade SuperTerminal 1's facilities, ensuring all resources are effectively deployed to support the operations when the market will hopefully be picking up in the latter half of the year."
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Source: Cargonewsasia
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