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Jan. 12, 2021 1:52 pm ET
SÃO PAULO Demand for ocean shipping services is likely to remain unusually high and supply will remain tight for some time as shippers and carriers adapt to shifts in supply chains driven by the coronavirus pandemic, according to Robbert van Trooijen, senior vice president for Latin America and the Caribbean at Maersk Line parent A.P. Moller-Maersk A/S.
Manufacturers in China and other parts of Asia have boosted output as their customers in the rest of the world rebuild inventories depleted by the interruption of production in Chinese factories at the start of last year, Mr. van Trooijen said.
Logistics Hiring Extended Strong Growth in December
Payrolls at parcel delivery, warehousing and trucking companies jumped by nearly 53,000 jobs last month despite a broader national employment downturn
UPS package handlers unload boxes of Moderna Inc.’s Covid-19 vaccine at the carrier’s main air cargo hub at the Louisville, Ky., airport last month. Photo: pool/Reuters By Jan. 8, 2021 1:27 pm ET
Logistics companies hired at a strong pace in December, defying a broader downturn in U.S. employment as surging Covid-19 infections continued to take a toll on the economy.
Core freight transport and distribution sectors added 52,900 jobs last month, according to seasonally adjusted preliminary employment figures released Friday by the U.S. Bureau of Labor Statistics, as package delivery, warehousing and trucking operators staffed up to meet surging demand from online shoppers and big shipping customers.