AAT August tonnage up 39pc, but transhipments show weakness

HONG KONG's Asia Airfreight Terminal Co Ltd (AAT), the airport's No 2 ground handler, announced that its August freight volume grew 39 per cent year on year to 59,982 tonnes.

Exports were up 50 per cent to 43,320 tonnes year on year while imports increased 17 per cent to 16,181 tonnes over the same period. But transshipments increased only two per cent to 482 tonnes.

AAT January-to-August tonnage was up 62 per cent to 319,724 tonnes with imports over the first eight months up 24 per cent to 129,257 tonnes against the same period last year. Transshipments fell three per cent year on year in the same period.

Said AAT corporate development chief Nelson Lee: "The cargo throughput in previous months achieved record high as businesses were building stock levels. AAT remains cautiously optimistic for the rest of the year."
(Source:www.schednet.com)