Hactl gains 16.6% growth

Hactl’s growth re­sult is at­trib­uted to a mo­dal shift from sea to air, over­flow from main­land Chi­nese air­ports, and the con­tin­u­ing strength­en­ing of e-com­merce traf­fic.

Cargo Talk - - International -

Hong Kong Air Cargo Ter­mi­nals (Hactl) has achieved a 16.6 per cent in­crease in han­dled ton­nage in the first half of 2017. The to­tal of 860,242 tonnes rep­re­sents growth in ex­ports, im­ports, tran­ship­ments and mail/ex­press. Hactl has now out­per­formed the Hong Kong mar­ket ev­ery month since Septem­ber 2016. At the same time, the num­ber of char­ter flights han­dled by Hactl grew from 100 (Jan­uary-May 2016) to 602 in the same pe­riod of 2017.

Mark White­head, Chief Ex­ec­u­tive, Hactl, says, “De­lib­er­ate re­duc­tions in ocean ca­pac­ity, con­tin­ued slow-steam­ing and port con­ges­tion due to mount­ing use of mega ves­sels are all play­ing a part in the shift from ocean to air. The vol­umes in­volved will be of lit­tle con­cern to the ocean busi­ness, but are a sig­nif­i­cant bonus to the air­freight in­dus­try.”

Hactl ex­pects the growth trend to con­tinue for the rest of 2017, but at a slower pace, con­tin­ues White­head, “For­warders and air­lines are plan­ning and book­ing ahead for the fi­nal quar­ter, hav­ing been caught out in 2016 by high spot rates driven by re­stricted ca­pac­ity.”

Over­all, though, White­head re­mains bullish about longer-term trends.

“Our con­sid­er­able and on­go­ing an­nual in­vest­ments in IT, staff train­ing, tech­nol­ogy and pharma com­pli­ance will keep Hactl and its car­rier com­mu­nity ahead of the game, and po­si­tion us well to max­imise all avail­able busi­ness op­por­tu­ni­ties,” he says.

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