Hactl growth up in first half 2014

The Hong Kong cargo handler achieved an 11.5 per cent growth in tonnage in first half of the year, despite losing its biggest customer last year.

Cathay Pacific HACTL Hong Kong Hong Kong Air Cargo Terminals Limited

Hong Kong Air Cargo Terminals Ltd (Hactl) – Hong Kong’s major independent cargo handler – achieved 11.5 per cent growth in tonnage through its SuperTerminal 1 base in the first half of 2014, compared to the same period of 2013.

Imports increased 13.6 per cent year on year, to a total of 243,287 tonnes. Exports also grew by 8.8 per cent over 2013, reaching 489,624 tonnes. Transshipments showed the largest percentage growth, to 64,849 tonnes – up 34.2 per cent on the same period of 2013.

Hactl remains Hong Kong’s largest cargo handler, catering for over 100 scheduled passenger and all-cargo airlines, and serving over 1000 forwarders. It operates the airport’s largest cargo facility, with a design capacity of 3.5 million tonnes per annum.

Says Hactl Chief Executive Mark Whitehead: “When we parted company with Cathay Pacific in 2013, we expected a long uphill struggle to replace this significant element of our business. In reality, we have quickly made up a substantial proportion of the traffic through new account wins, and organic growth among our 100 airline clients.

“The growth in our transshipment traffic – while currently still the smallest part of our business – is very interesting, as it reflects the continuing development of Hong Kong as the preferred regional transshipment hub.