As the first half of 2020 comes to a close, one thing we can say with certainty is that the year’s first six months have been an unprecedented challenge for those tasked with keeping supply chains moving in a profitable manner. As many companies are navigating through the COVID-19 pandemic toward an as yet undefined new normal, there is one constant in the world of global trade: change.
After months of staying at home to “flatten the curve” of the COVID-19 pandemic in the United States, the nation is starting to re-open once more. While we’re all excited to gather once again at our favorite restaurants and houses of worship, the demand for delivery of goods and services via parcel delivery remains at an all-time high.
While a historic drop in April’s sales numbers revealed pain experienced across the retail sector, record parcel volumes indicate that “essential” businesses are still sending an overwhelming volume of shipments through the parcel networks. So much that FedEx implemented limitations on the number of items that dozens of U.S. retailers can ship.