Labor Shortage causes major headwinds in 2021
In its latest Warehouse Benchmark Report, 3PL warehouses stated labor shortages as one of the top three challenges in 2021. 48.0% of warehouses reported struggling to find and retain qualified workers, as well as increasing labor costs. Additionally, 57.0% of 3PL warehouses cited that labor makes up 40% or more of their total costs, with 18.0% stating that it accounts for 60.0% to 75.0%.
Labor|M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
Lorem Ipsum text header Report Title
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.