Saturday, July 13, 2024
Cargo volumes continue to surge in Hong Kong

Cargo volumes continue to surge in Hong Kong

The positive start to the year at Hong Kong International Airport (HKIA) continues as the world’s busiest freight hub saw year-on-year (YOY) cargo growth in April of 8.9 per cent as it handled 398,000 tonnes.

The strong performance was largely attributed to a 14 per cent YOY growth in exports and among the key trading regions, North America and Europe increased most significantly in the month.

Combining March and April to even out the seasonal impact of the Easter holidays, YOY cargo tonnage showed growth of 13.4 per cent.

During the first four months of 2017, HKIA handled 1.5 million tonnes of cargo – up 10.9 per cent compared to the same period last year. On a rolling 12-month basis, cargo tonnage registered a YOY increase of 7.3 per cent, reaching 4.7 million tonnes.

Picture of James Graham

James Graham

James Graham is an award-winning transport media journalist with a long background in the commercial freight sector, including commercial aviation and the aviation supply chain. He was the initial Air Cargo Week journalist and retuned later for a stint as editor. He continues his association as editor of the monthly supplements. He has reported for the newspaper from global locations as well as the UK.

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