'A market ripe for disruption' says FedEx, as it targets air cargo traffic
FedEx is aiming to take a bigger bite out of the traditional air cargo market. Four ...
© Ivan Soima
By Alex Lennane
Air exports from Hong Kong will see a boost, following a decision by the government to reverse a ban on the transhipment of e-cigarettes and vapes.
Forwarders claim the banned cargo amounts to about 330,000 tons a year – the equivalent of some 10% of Hong Kong’s annual export volumes by air, according to the Hong Kong Association of Freight Forwarding and Logistics (HAFFA).
The value of the re-export cargo affected by the ban was estimated to exceed CNY120bn ($17.33bn).
While some transhipment ...
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