GEORGE TOWN: The Penang Freight Forwarders Association (PFFA) saw cargo volumes dropping to record-low levels in 2023, with air cargo shrinking 24% year-on-year to 104,449 tonnes.
The association said it handled 39,341 tonnes of imported cargo and 65,108 tonnes of exported products last year, a 30% and 21% decline, respectively, compared with 2022 figures.
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