Stevedores Win With Employment Growth As Ports Cure Congestion — Panjiva


Stevedores Win With Employment Growth As Ports Cure Congestion

Corp - Ports 664 Mode - Seaborne 1275 Theme - Employment 33 U.S. 3310

Employment in the U.S. logistics industry continued to expand in February, though the rate of growth of 3.6% represented a third month of slowing growth. The consumer exposed sectors have seen the fastest slowdown in growth with warehousing employment increasing by a – still significant – 7.0% compared to 12.3% on average in 4Q. The only sector to see an acceleration in growth was marine employment which rose by 2.0%. That was the fastest rate of growth since Aug. 2016 and likely reflects increased employment to clear port congestion that dogged the sector at the end of 2018....

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