Hong Kong records busiest cargo hub in the world

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The world’s busiest freight hub, Hong Kong International Airport (HKIA), had another record breaking year for cargo in 2018 with volumes rising to 5.1m tonnes. In 2018, HKIA saw cargo volumes increase by 1.5% after becoming the first airport to handle more than 5m tonnes the year before.
However, while it was another year of growth for cargo at Hong Kong, the level of improvement slowed from 2017’s 9.2% increase, reflecting a general market slowdown.

Freighter flight movements for the year were also up, increasing by 2% to 57,670. Passenger numbers and flight movement also improved on 2017 levels. Fred Lam, chief executive of Airport Authority Hong Kong, said: “It’s gratifying to see HKIA scale new heights in 2018 on all three air traffic categories, attesting to the dedication, resilience and contribution of our 73,000 airport community members.”

In December, cargo throughput was down by 5.2% year on year which the airport said came “amid the uncertain global economic situation”.
Among the key trading regions, traffic to/from Europe and Southeast Asia decreased most significantly in the month.

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Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.