Strong volume growth for PACTL in the first half of 2017

Shanghai Pudong International Airport Cargo Terminal (PACTL)

Shanghai Pudong International Airport Cargo Terminal Co (PACTL) saw strong volume growth in the first half of 2017, beating the tonnage in the corresponding period of last year by 12 per cent and setting its best records in history.

The cargo handler’s tonnage for the six month period was 873,573 tonnes with the strongest performance on international imports, which were up 17.1 per cent to 353,587 tonnes.

International exports also showed a positive growth by 10.3 per cent to 471,781 tonnes, but the only weak performing sector was domestic volumes which declined, down 4.3 per cent compared with same period of last year.

PACTL vice president, Christian Haug says: “We are happy to see a quick recovery of global economy since the second half of 2016 that is driving strong volume growth at PVG for international export.

“Meanwhile, the fast growth for international import also showed more surging demands in mainland China. The market performance is a little bit surprised to us but still within our expectation.

“As the peak season coming, we are quite confidence to have a promising performance this year. It’s estimated that PACTL’s annual volume in this year will be over 1.8 million tonnes.”