Originally Posted by
Tango Uniform
Global freight slowdowns could be just a rebalancing of the system. All of the backlogs at ports and ship traffic have been rightsizing. Most distribution centers already have q4 inventories for holiday season. Manufacturing sector, downsizing current inventory to close out FY. All of the air shipments during the pandemic have slowed considerably since ship traffic has righted itself. Pandemic supplies like masks, respirators and vaccines have slowed greatly. There has been a lot of things seen in manufacturing and supply chain the last couple years that were never seen before. Do you think it is a recession or a market correction?
No one cares what I think. All we know at UPS is that there is some abnormal scheduling activity happening in the Asia theater. Could be market correction, could be the flu decimating attendance. My point is we don’t know.