Cargo drop continues at Hactl
Officials at Hong Kong Air Cargo Terminals Limited continued to see a downward spiral in cargo throughput last month, noting that July numbers represented a 7.7-percent, year-over-year decrease in tonnage. Cargo activity since January sits at 1.56 million tonnes, a 5.1-percent decrease when compared to the first seven months of 2010.
These negative numbers are reflected in Hactl's import and export totals for July, which are down 13.1 percent and 9.8 percent year-over-year, respectively. So far this year, export volume is down nearly 8 percent, and import numbers have taken a 7 percent slide.
Transshipment cargo seems to be the one bright spot in Hactl's second-quarter results. The company's July total of 126,369 tonnes is a year-over-year increase of 9.8 percent. The total growth for all of 2011 is 337,488 tonnes, a 5.3-percent, year-over-year rise.
To help reverse this trend, Hactl added a new customer, Tianjin Airlines, last month.