The baseline demand scenario painted by Drewry’s “Container Forecaster” analysts foresees a demand collapse in the first nine months and recovery from 4Q20.
Total March POLA volume—at 449,568 TEU (Twenty-Foot Equivalent Units)—saw a 30.9% annual decline, and total March POLB volume—at 517,663—slipped 6.4% annually.
Job satisfaction took a hit this past year, as more logistics managers were loaded with additional tasks and business objectives. Salaries continued to climb, however, suggesting that demand for these skill sets has never been higher.
Citing a source, the report said that this program, which is only currently available in only a few United States markets, is being suspended, due to Amazon needing “people and capacity to handle a surge in its own customers’ orders,” adding that Amazon plans to bring on 100,000 warehouse workers and is intent on “shipping essential items during the coronavirus outbreak.”
During the ongoing coronavirus, or COVID-19 pandemic, SAP, the global leader in enterprise application management software has taken measured steps to enable shippers and suppliers hustle to respond to urgent fulfillment requests.
As we noted in yesterday’s edition, Analysts for Drewry’s “Container Forecaster” observe that the outbreak of coronavirus (COVID-19) has laid bare the fragility of humankind and the supply chains that help us to live as we have become accustomed.