{"id":1070,"date":"2023-11-04T08:00:00","date_gmt":"2023-11-04T08:00:00","guid":{"rendered":"https:\/\/logisticsportal.net\/?p=1070"},"modified":"2024-01-07T20:00:55","modified_gmt":"2024-01-07T20:00:55","slug":"logistics-recap-october-29th-november-4th","status":"publish","type":"post","link":"https:\/\/logisticsportal.net\/?p=1070","title":{"rendered":"Logistics Recap October 29th &#8211; November 4th"},"content":{"rendered":"\n[et_pb_section fb_built=&#8221;1&#8243; fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; background_image=&#8221;https:\/\/logisticsportal.net\/wp-content\/uploads\/2022\/02\/container-gb7384e8e9_1920_dark.jpg&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_fullwidth_header _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_stops=&#8221;#2b87da 0%|#1c2887 100%&#8221; background_image=&#8221;https:\/\/logisticsportal.net\/wp-content\/uploads\/2022\/02\/timelab-pro-_4XiFzGNRTw-unsplash-1-scaled.jpg&#8221; min_height=&#8221;173px&#8221; custom_margin=&#8221;-29px|||||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; title_text=&#8221;timelab-pro-_4XiFzGNRTw-unsplash&#8221; sticky_enabled=&#8221;0&#8243;]<h1 style=\"text-align: center;\"><strong>Logistics Recap <\/strong><\/h1>\n<h1 style=\"text-align: center;\"><strong>October 29th <\/strong><strong style=\"font-size: 40px;\">&#8211; November 4th<\/strong><\/h1>[\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px|||||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; link_text_color=&#8221;#0C71C3&#8243; link_option_url_new_window=&#8221;on&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<p class=\"entry-title post-title text-28 sm:text-41 mb-15\"><strong>Truck transportation employment drops again<\/strong><\/p>\n<p data-beyondwords-marker=\"9566bd51-92bc-4e48-a08a-85d78b733193\">Employment in the truck transportation sector in October recorded its fourth decline in the past five months as total jobs in that classification are now down more than 30,000 since its most recent high.<\/p>\n<p><strong><a href=\"https:\/\/www.freightwaves.com\/news\/truck-transportation-jobs-drop-again\" title=\"Read More Here Freightwaves\" target=\"_blank\" rel=\"noopener\">Read More Here Freightwaves<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p class=\"display-heading-04\"><strong>Maersk plans thousands of job reductions, says ocean market is \u2018worsening\u2019<\/strong><\/p>\n<p>Maersk plans to reduce its workforce by 3,500 positions in the next year as it prepares for challenges in the ocean market, CEO Vincent Clerc said in a Q3 earnings call on Friday.<\/p>\n<p>Up to 2,500 jobs will be eliminated \u201cin the coming months,\u201d with the remaining job cuts extending into 2024,\u00a0<a href=\"https:\/\/www.maersk.com\/news\/articles\/2023\/11\/03\/maersk-q3-financial-results\">according to a press release<\/a>. The goal is to bring total jobs at the company down to below 100,000 positions.<\/p>\n<p><strong><a href=\"https:\/\/www.supplychaindive.com\/news\/maersk-job-reductions-3500-positions\/698769\/\" title=\"Read More Here Supply Chain Dive\" target=\"_blank\" rel=\"noopener\">Read More Here Supply Chain Dive<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p class=\"page-articles-show__headline\"><strong>Yellen calls for more trade between U.S. and LATAM<\/strong><\/p>\n<p>U.S. Treasury Secretary Janet Yellen wants<span>\u00a0<\/span><a href=\"https:\/\/apnews.com\/article\/yellen-latin-america-interamerican-development-bank-china-e32078c94b6e71ffb3b4f50f222ef4f3\" rel=\"noopener noreferrer\" target=\"_blank\">Latin America<\/a><span>\u00a0<\/span>to trade more with the U.S. in order to limit China\u2019s dominance of the global manufacturing market.<\/p>\n<p><strong><a href=\"https:\/\/www.supplychainbrain.com\/articles\/38422-yellen-calls-for-more-trade-between-us-and-latam-to-lessen-chinas-influence\" target=\"_blank\" rel=\"noopener\" title=\"Read More Here Supply Chain Brain\">Read More Here Supply Chain Brain<\/a><\/strong><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"<p>Logistics Recap October 29th &#8211; November 4thTruck transportation employment drops again Employment in the truck transportation sector in October recorded its fourth decline in the past five months as total jobs in that classification are now down more than 30,000 since its most recent high. Read More Here Freightwaves &nbsp; Maersk plans thousands of job [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"1140","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10],"tags":[29,25,24,31,19],"class_list":["post-1070","post","type-post","status-publish","format-standard","hentry","category-news","tag-freight","tag-logistics-2","tag-news-2","tag-recap","tag-supply-chain"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Logistics Recap October 29th - November 4th - Logistics Portal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/logisticsportal.net\/?p=1070\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Logistics Recap October 29th - November 4th - Logistics Portal\" \/>\n<meta property=\"og:description\" content=\"Logistics Recap October 29th - November 4thTruck transportation employment drops again Employment in the truck transportation sector in October recorded its fourth decline in the past five months as total jobs in that classification are now down more than 30,000 since its most recent high. 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