Air Cargo Fuel Surcharge
The level of the cargo fuel surcharge has dropped a step, effective 3 March 2010. According to the HKSAR’s Civil Aviation Department which tracks the fuel surcharge, the existing level of cargo fuel surcharge are Long Haul – HK$4.8 per kg and Short Haul – HK$2.4 per kg with effect from 1 Feb 2010.

December goods exports up 8.9%
The volume of total goods exports grew 8.9% in December over a year earlier, while the volume of goods imports rose 18%, the Census & Statistics Department says. The volume of goods re-exports rose 9.5% while domestic exports fell 10.8%....

From the Chairman
Market sentiment enhanced by tight airfreight situation
Sentiment in the market is certainly better now. Indeed, shippers have already experienced space shortages for airfreight along with sharply surging freight rates since around November ...