Hong Kong’s Hactl outperforms market with 16.6% growth in first half
August 01, 2017: The major cargo handler of Hong Kong has seen 16.6 percent 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.
Hactl attributes the results to a number of factors, including continuing modal shift from sea to air, overflow from mainland Chinese airports, and the continuing strengthening of e-commerce traffic.
Mark Whitehead, Hactl’s chief executive, 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.”
E-commerce remains a major driver of imports and exports to and from China via Hong Kong. Hactl’s value-added logistics arm, Hacis, continues to pursue opportunities to the benefit of Hactl’s carrier clients - such as its work with postal authorities to provide a viable alternative for outbound mail from China that contains e-commerce items. “We are now handling 1000 mail bags every day, and that is providing welcome extra revenue for our airline customers,” continues Whitehead.
The growth in e-commerce has also been instrumental in the dramatic rise in Hactl’s charter handling business; but this has also been driven by static fuel costs that have given older freighters a reprieve, as well as by Hactl’s decision to establish a dedicated charter team to facilitate freighter operators’ use of Hong Kong, through all-inclusive service.
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: “While we cannot control overall traffic levels in the market, we can and do help our airline customers to be more competitive through the quality and scope of the services we provide. 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.”
You may also like:-
The additional cold room (COL), with temperatures ranging from +2 degrees Celsius to +8 degrees Celsius, will provide the capacity required to handle Covid-19 vaccines.
German startup Volocopter has teamed up with DB Schenker to deploy its heavy-lift drones, in a project that will gather vital practical flying experience before its air taxis enter service.
August showed a year-over-year (YoY) drop of 17.2 per cent in worldwide volume and of 29 per cent in shipments carried.
Kempegowda International Airport, Bengaluru (KIAB/ BLR Airport) processed 180,745 kg of pomegranates from April to August 2020, making it India’s leading airport for pomegranate exports.
In this arrangement, CHAMP will be the preferred partner in the roll-out and testing of any new technologies and innovations.
The next big challenge will be future proofing the logistics workforce through training and upskilling in increasingly technologically sophisticated operations.
The IATA appointed independent assessment focuses on the quality assurance processes, operational and technical innovation, risk management, and the preservation of all relevant shipment data along the entire logistics chain.
In order to tackle these challenges, airports will require significant hydrogen transport and refueling infrastructure to meet the needs of day-to-day operations.
Flight CX8800 will be operated by a reconfigured Boeing 777-300ER passenger aircraft instead of Cathay Pacific's go-to ultra-long-haul freighter, the Boeing 747-8.
As the operation has been organised by the Austrian Federal Ministry of Interior, in the framework of the Union Civil Protection Mechanism (UCPM), the costs for the transport are co- financed up to 75 per cent by the European Commission.
Freight volumes handled at Europe's fifth-largest air cargo hub, Leipzig/Halle Airport, grew significantly in August. The volume of air freight rose by 12.7 percent to approximately 109,048 tonnes.
In order to reduce its ecological footprint, DB Schenker has equipped the new Orleans building with the latest technologies such as LED lighting, and maintains its premises without chemicals.
Turkish Cargo increased its global market share to 5.4 per cent from 3.9 per cent by accomplishing a growth by 67 per cent within the first half of 2020 thanks to its special cargo operations it has been maintaining by building up a global air bridge.