Hong Kongs Freight Sector Booms Amid Global Trade Shifts

Hong Kongs Freight Sector Booms Amid Global Trade Shifts

HAFFA, the Hong Kong Air Freight Association, is a non-profit organization dedicated to promoting the standards and development of the air freight industry in Hong Kong. It offers services to its members, fosters industry standardization, protects rights and interests, provides professional training, and engages in international cooperation to enhance Hong Kong's position in global logistics.

08/04/2025 Logistics
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New Tariffs Trigger Sharp Drop in Global Shipping Rates

New Tariffs Trigger Sharp Drop in Global Shipping Rates

Recently, the SCFI freight index from the Shanghai Shipping Exchange has continuously decreased, particularly along the West and East Coast routes of the U.S., with significant rate declines. Soft demand, coupled with the upcoming implementation of new tariff policies, presents fresh challenges and uncertainties for the market. Shipping companies are closely monitoring the impact of tariffs on import prices and the economy, anticipating large-scale shifts in the supply chain.

Global Air Freight Costs Rise Amid Key Market Shifts

Global Air Freight Costs Rise Amid Key Market Shifts

This article analyzes the factors influencing international air freight costs, including cargo weight and volume, shipping distance, nature of the goods, flight class, and airport charges. By gaining a deeper understanding of these factors, it aids readers in better budgeting and planning for international air freight expenses.