These exports are mainly resin, and Houston Port is the top gateway for resin exports in the United States, accounting for 59% of the total resin exports. Since the beginning of the year, the import volume has decreased by 7%. This year, the consolidated loading capacity remains unchanged.

Despite market uncertainty, James Evans, the new general manager of Cathay Pacific Freight, has found a reason to be optimistic about demand.

According to the latest data released by the Shanghai Airlines Exchange, the Shanghai Export Container Freight Index (SCFI) fell 17.22 points last week to 1013.78 points, marking a two week decline. The weekly decline has expanded from 1.2% in the previous week to 1.67%. Among the main long-distance routes, except for the Far East to the US West route, which continues to rise, the other three major routes have all declined.