Cathay Pacific has fully rebuilt its freighter schedule in time for the peak shipping season, but executives signaled Thursday that demand will be softer this year because of inflation and ongoing supply chain disruptions.
The prediction came as an unprecedented heat wave and another round of COVID lockdowns in a major city further constrained production at Chinese factories.
The busy period for air shipments traditionally runs from late September until early December as stores bring in orders...
https://www.freightwaves.com/news/cathay-pacific-predicts-weak-peak-for-cargo-as-china-output-slumps