Cementing its position as a pivotal hub in the Asia-Pacific (APAC) airfreight market, with strong growth indicators and strategic investments, Singapore’s Changi Airport saw a 15 percent year-on-year increase.
“Several key factors have driven this growth. One major contributor has been the surge in cross-border e-commerce, with increased volumes flowing into Singapore and via Singapore through the region,” Jaisey Yip, Changi Airport Group’s Vice President Cargo Business Division, stated.
“Additionally, feedback from the freight forwarder community highlights a rise in intermodal transshipments, particularly sea-air and air-sea flows, due to the ongoing ocean freight disruptions. Lastly, Singapore’s high-tech export sectors, such as capital equipment and advanced technology products, have shown a strong recovery in recent months.
In tandem with this growth, Changi Airport has unveiled its newly refurbished air logistic facility Changi Nexus One, designed to enhance transshipment capabilities and attract strategic logis…
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