Shanghai Pudong International Airport Cargo Terminal Co., Ltd. (PACTL) expects to have set a new record for freight volumes in 2015.

It has achieved tonnage growth of 6.82 percent year-on-year, having processed 1,458,263 tons of freight overall during the first eleven months of the year. The company handled more than 1.5 million tons of air freight for the very first time in 2014.

PACTL’s domestic cargo volume grew by 8.47 percent year-on-year to 94,707 tons during the first eleven months of 2015, while its international cargo volumes rose by 6.71 percent to 1,363,556 tons. Imports increased by 9.08 percent to 590,669 tons, while exports grew by 5.33 percent to 867,594 tons.

“Even though growth rates have been stronger in the past, I can still see a positive trend in our business and this will almost certainly enable us to set another record for freight volumes in 2015” says Lutz Grzegorz, vice president of PACTL.

PACTL is a Sino-German joint venture based at Shanghai Pudong International Airport (PVG). It brings together three shareholders – Shanghai Airport (Group) Co., Ltd. (51%), Lufthansa Cargo AG (29%) and JHJ Logistics Management Co. Ltd. (20%). PACTL offers handling services to airlines and forwarders transporting domestic and international air freight via Pudong. Founded in 1999, the company has become one of the leading cargo terminal handlers in the world and has played a key role in establishing Pudong as one of the major cargo hubs in China. PACTL employs more than 2,200 people and serves 52 permanent and several charter customers.