For businesses in the retail, wholesale, shipping and related industries, the 4th quarter — AKA Peak Season — is traditionally the year's big moneymaker. But this year's unprecedented events and economic disruptions have left them wondering: How can we plan our temporary labor needs for Q4?
Just a few months ago, the outlook was dire. However, the nation continues to open back up despite the ongoing pandemic; and forecasters are painting a brighter picture for the holiday shopping season.
Those forecasts are based on some interesting data:
Imports rose dramatically in July, and may even have made a new record, according to the National Retail Federation.
UPS announced that it plans to hire more than 100,000 seasonal employees and DHL will add 7,000 workers for the expected increase in package volume between October 2020 and January 2021. Those numbers are about the same as last year.
Ecommerce has racked up a 129% year-over-year growth, thanks to...