PACTL set for a record breaking year

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Shanghai Pudong International Airport Cargo Terminal (PACTL)

Shanghai Pudong International Airport Cargo Terminal (PACTL) says it is on for a record breaking year having handled over 1.4 million tonnes in the first 11 months of 2015.

The company broke the 1.5 million tonne barrier in 2014 and it is expecting to exceed that this year. PACTL has seen volumes rise by 6.8 per cent in the first 11 months of 2015. International cargo rose by 6.7 per cent to 1.3 million tonnes. Imports increased by nine per cent to 590,669 tonnes and exports rose by 5.3 per cent to 867,594 tonnes.

PACTL vice president, Lutz Grzegorz says: “Even though growth rates have been stronger in the past, I can still see a positive trend in our business and this will almost certainly enable us to set another record for freight volumes in 2015.”

The growth came despite November seeing the only monthly year-on-year fall, dropping by 0.7 per cent to 146,223 tonnes. Domestic cargo fell by 2.4 per cent to 9,513 tonnes while international volumes dipped by 0.6 per cent to 136,710 tonnes.

PACTL saw its strongest growth in January and February, when Asia-Pacific as a whole saw a surge in demand because of the US West coast seaport strike. January was up by 12.9 per cent YOY to 124,824 tonnes while February increased by 29.3 per cent to 104,452 tonnes.