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  1. HK Express air-cargo bid flies into headwind

    Posted Jul 03rd 2009, 12:00am by Charlotte So

    ... Charlotte So Plans by Hong Kong Express Airways to launch a cargo service in September are being blocked by one of its shareholders. Andrew Tse (below), who owns 14.7 per cent of the small city airline that is controlled by the mainland's HNA Group, filed an objection with the Air Transport Licensing Authority after Hong Kong Express applied for a cargo licence. 'Until ...

  2. Rocks substituted for HK$3.8m cargo

    Posted Nov 21st 2009, 12:00am by Clifford Lo

    ... Clifford Lo Copper wire worth HK$3.8 million was stolen from four cargo containers shipped from the Philippines and replaced with sand and stones, police said yesterday. The owner, who saw the containers loaded in Manila, was present when they were opened at a yard in Tsing Yi and sand spilled from them. Officers are investigating whether the wire was stolen before it arrived in the city. ...

  3. Cargo volume in HK declines amid crisis

    Posted Mar 10th 2009, 12:00am by Dennis Eng

    ... Dennis Eng The volume of cargo passing through Hong Kong's ports shrank 6 per cent in the fourth quarter of last year compared with the year before, reversing a 9 per cent increase in the third quarter. Census and Statistics Department figures showed port cargo throughput fell 6 per cent year on year to 61.3 million tonnes, as global trade succumbed to the credit crunch ...

  4. Hactl sees first growth in cargo for 16 months

    Posted Nov 03rd 2009, 12:00am by Charlotte So

    ... Hong Kong's air-cargo sector has seen the first signs of recovery since the start of the global financial crisis, with the city's largest ground handler of air shipments expecting the first monthly volume gain since July last year. Hongkong Air Cargo Terminals Ltd (Hactl) said shipments were expected to rise year on year in October, the first growth in 16 months. ...

  5. Holiday orders boost Cathay cargo

    Posted Nov 11th 2009, 12:00am by Charlotte So, Denise Tsang

    ... It is not only Santa's sleigh that is packed with Christmas goodies this year, the cargo holds of Cathay Pacific Airways aircraft are also filling up as United States retailers restock their shelves in time for the holidays. 'This year, we are seeing a very definite seasonal peak,' said James Woodrow, Cathay's cargo general manager for the mainland ...

  6. UPS says HK cargo volume at 2007 levels

    Posted Dec 09th 2009, 12:00am by Charlotte So

    ... deliveries, UPS also handles less time-sensitive general cargo. About 400 million packages would be handled by UPS globally from Thanksgiving to Christmas, surpassing last year's volume, Leung said. He expected shoppers in the West to continue to buy less expensive electronic products during the holiday season, which will benefit air cargo more than the sea-freight market. FedEx Corp, ...

  7. Mainland air cargo volume tumbles 11.3pc

    Posted Jan 06th 2009, 12:00am by Charlotte So

    ... Mainland air carriers suffered their worst drop of the year in cargo volume in November as consumers in the United States and Europe cut back on their spending on luxury goods. Airlines on the mainland carried 11.3 per cent less cargo in November compared with a year earlier, following a 3.1 per cent drop in October. Shipments bound for Hong Kong and Macau decreased the most with volume ...

  8. Budget player Air Asia takes fight to cargo market

    Posted Nov 02nd 2009, 12:00am by Charlotte So

    ... priced from one ringgit to 11 ringgit (HK$2.27 to HK$25), have opened a new battle front on the cargo market. Traditionally, budget airlines seldom target cargo business as it will lengthen ... of Air Asia X. Azran's target is to double the contribution of cargo revenue to 8 per cent of the total for the two airlines in two to three years. To reach this target, the absolute ...

  9. Air-cargo rates double as firms rush US shipments

    Posted Oct 30th 2009, 12:00am by Charlotte So

    ... shopping season. New iMac computers produced on the mainland are among the cargoes being rushed to the US in time for Black Friday, the day after next month's Thanksgiving Day, which traditionally kicks off the seasonal shopping spree. The spot price for air cargo from Hong Kong and Shanghai to the US has risen as high as HK$35 per kilogram this month, double the rate in August. ...

  10. Hactl cargo volume off 30pc in December

    Posted Jan 12th 2009, 12:00am by Kandy Wong

    ... Hong Kong Air Cargo Terminals (Hactl) said yesterday it was 'undergoing an ice age' as it reported a year-on-year drop of about 30 per cent in cargo volume it handled last month. The company, which handles about 70 per cent of the city's air cargo, said total volume fell 3.8 per cent last year to 2.53 million tonnes. Lilian Chan, the firm's general manager ...




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