Hong Kong Pushes The Supply Chain To Breaking Point During “Covid”.

Two separate blows are creating “a severe shortage of freight space,” said Gary Lau, the Hong Kong Association of Freight Forwarding & Logistics chairman. Read more, be aware of this new breaking point!

Hong Kong came with a strategy called “Covid Zero” their bars, gyms, and cinemas were restricted to shut. In the same period in the supply chain, the breaking point arrived when the goods were being imported and led to business delays in deliveries of staples such as berries and yogurt and seafood, and premium cheeses.

The new social distancing crubs crimp revenue for retailers and restaurants, a slashing of flights brought everything from Australian cherries to Wagyu beef which, leads to raise costs and boost inflation in the financial hub.

During the pandemic as most city’s airline connected to the most airline, has canceled hundreds of flights. Cargo measurement dropped below one-fifth. Omicron variants led the government scrapped aircrew quarantine and forced Cathay to cut cargo flights. Lack of manpower, the airline cargo in this month dropped to 20%. Flights got banned from countries which led to a reduction of cargo capacity. Even logistics costs may flow by 40% within three weeks and 10% increment in fruit price is expected by the importers.

The new social distancing crubs crimp revenue for retailers and restaurants, a slashing of flights brought everything from Australian cherries to Wagyu beef which, leads to raise costs and boost inflation in the financial hub.

Richard poon, the director manager of On Kee Dry Seafood shared business nightmares of logistics. He said orders canned abalone and conch were stuck in Australia. The team relies on air freight for 30% of their supply and adds that the shop increased the orders delivered by November to prepare for the holidays. Richard said “The supply will be tighter. We are concerned that it may run out of some goods to sell to customers”.

The co-founder of the cheese club offers french cheeses and fresh fruits and vegetables. The co-founder is Jacques Dweewumaux, said as their shipment happened through cargo flights, France banned the flight system which continued as a disruption pattern for their supply chain. Air travel becomes problematic for all importers.

COVID ZERO disruption in Hongkong

This virus led Hon Kong into strict rules which aligned with mainland China. Cathay Pacific shared Earlier, while the current environment was “challenging for everyone,” the airline supported Hong Kong’s anti-pandemic measures and saw their success as “key to the resumption of regular cross-border air travel and upholding the city’s aviation hub status”.

Richard said “The supply will be tighter. We are concerned that it may run out of some goods to sell to customers”

“Regrettably, the incident in Frankfurt has affected sentiment; however, we expect to be a competitive employer of both local and international talent in the long term. We plan to employ several hundred pilots in the coming year, many of whom have already expressed an interest in being part of the Cathay brand.”

Yet the current event of the city is 7.4 million relies on imported goods for survival, which raises concerns and demands isolation which is unsustainable. Mr. Lau, Freight Forwarding & Logistics, said “the air logistics chain is collapsing.”

Mr. Lau, Freight Forwarding & Logistics, said “the air logistics chain is collapsing.”