Saturday, July 13, 2024
Cargo grows 4.4% in June at Incheon

Cargo grows 4.4% in June at Incheon

International cargo at Incheon International Airport continues to grow with a 4.4 per cent year-on-year increase in June to 242,355 tonnes.

Inbound cargo was up by 6.9 per cent to 122,455 tonnes with outbound growing by two per cent to 118,941 tonnes, which it says thanks to increasing exports of major products including semiconductors and display manufacturing equipment, while transhipments were down 1.2 per cent to 90,056 tonnes.

International airfreight grew in most regions except China, which was down 3.9 per cent to 41,599 tonnes due to reduced exports as a result of strengthened customs procedures following the deployment of Terminal High Altitude Area Defense in Korea.

The Middle East also decline, down 10.3 per cent to 6,000 tonnes, but all other areas saw growth.

The Americas remained the biggest market, with 57,099 tonnes, up 4.2 per cent, and Northeast Asia saw the largest year-on-year growth, up 8.2 per cent to 26,955 tonnes.

Newsletter

Stay informed. Stay ahead. To get the latest air cargo news and industry trends delivered directly to your inbox, sign up now!

related articles

Major deal with Thai Airways gives UK businesses increased courier access to Far East markets

MASkargo and CargoAi to Revolutionise Airfreight Transactions with CargoWALLET

Maersk took the delivery of the first Boeing 777F