GEORGE TOWN: After experiencing eight quarters of sluggish business, the Penang air cargo industry expects to see an increase in the volume of outbound and inbound cargo this year.
Penang Freight Forwarders Association (PFFA) honorary secretary-general Ali Ahmad (pic) said the association was confident the exported cargo volume would rise by at least 15%, from 67, 911 tonnes in 2020 to 79, 000 tonnes this year.
This is due to the worldwide shortage and surge in the demand for electrical and electronic (E&E) components.
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