Hong Kong\'s Freight Industry
Hong Kong, located in the People's Republic of China, maintains one of the busiest freight industries in the world, largely in terms of air, rail and sea freight transporting services. While the area maintains significant cargo transport via rail and road, the two significant areas of freight movement in which Hong Kong continues to excel are its air freight industry and its sea freight industry. The city-state of Hong Kong, located in a prime position on China's south coast enclosed by the Pearl River Delta and South China Sea, allows extensive sea freight to pass through the waters of the its naturally-deep harbor, maintaining China's busy sea freight industry. Additionally, in 2010, Hong Kong International Airport became the world's busiest air cargo terminal and is expected to continue its growth in freight transport in the years to come (PRLOG, 2011, p.1). As seen in these two facets alone, the prospects for the continued prosperity of the Chinese economy from freight industry services offered in Hong Kong alone continue to appear exceedingly high. However, as economic prosperity resulting from the freight industry within Hong Kong continues to make headlines, competition for space and significance within these areas remains high.