Ninth Year of Logistics Payroll Growth Leaves Dockworkers Behind — Panjiva


Ninth Year of Logistics Payroll Growth Leaves Dockworkers Behind

Mode - Seaborne 1273 Theme - Employment 33 U.S. 3297

U.S. logistics employment grew at a faster rate than the economy at large for a ninth straight year in 2018. The growth in the industry’s payrolls expanded by 3.6% vs. 1.8% for all nonfarm payrolls as a result of surging growth in the courier and warehousing sectors. A recovery in the fortunes of rail – which rose by 2.2% from a 2.4% drop in 2017 – and trucking assured accelerating growth overall. The one sector to miss out has been waterborne employment, which fell 0.3% despite a 6.1% increase in U.S. seaborne imports. Further port automation and the risk of a continue...

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