Today in Data: Shipping Companies Deliver Grim News

Today in data, reports from shipping giants Maersk and UPS could suggest an economic slowdown on the horizon.

Data

5B: Net sales in dollars for paint company Sherwin-Williams for the first three months of the year, an increase fueled by higher prices

400,000: Amount UPS’ average daily package volume increased following pandemic stimulus payments

8.2: Percentage sales fell for appliance maker Whirlpool during the first quarter of 2022

7: Percentage of the drop in container volumes as recorded by Maersk between January and March

3: Percentage the average daily package volume has declined in the last year, according to UPS