Manpower and talent shortage in Hong Kong's shipping industry
US President Donald Trump's tariff war has severely impacted global logistics and supply chains. Some industry watchers have warned of a new low in freight volumes, even with the peak US holiday season. But, lower freight volumes are just one challenge. The industry is seeing a talent shortage — in Hong Kong, the number of people working in the shipping industry dropped by about 5% in 2024 from 2020.
US President Donald Trump's tariff war has severely impacted global logistics and supply chains. Some industry watchers have warned of a new low in freight volumes, even with the peak US holiday season. But, lower freight volumes are just one challenge. The industry is seeing a talent shortage — in Hong Kong, the number of people working in the shipping industry dropped by about 5% in 2024 from 2020.
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