Volume passing through the Hong Kong Air Cargo Terminal (HACTL) has fallen by 3.8 per cent in the first quarter of this year, and according to Schednet Shipping News Headlines, this was attributed to a slowdown in the US economy.
HACTL handles most of the air cargo going through Hong Kong International Airport, handling 368,865 tons of cargo in the first quarter of 2000.
There are moves to attract more cargo, especially through initiatives with mainland manufacturers and input to the establishment of a marine cargo terminal with links to the mainland.
Import volumes have been more stable with increased volume from Europe, mainland China and Southeast Asia offsetting a drop from Japan and the US.
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