{"id":888,"date":"2023-01-28T08:00:00","date_gmt":"2023-01-28T08:00:00","guid":{"rendered":"https:\/\/logisticsportal.net\/?p=888"},"modified":"2024-01-07T01:47:35","modified_gmt":"2024-01-07T01:47:35","slug":"logistics-recap-january-22nd-january-28th","status":"publish","type":"post","link":"https:\/\/logisticsportal.net\/?p=888","title":{"rendered":"Logistics Recap January 22nd – January 28th"},"content":{"rendered":"\n[et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.16″ _module_preset=”default” background_image=”https:\/\/logisticsportal.net\/wp-content\/uploads\/2022\/02\/container-gb7384e8e9_1920_dark.jpg” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_fullwidth_header _builder_version=”4.23.4″ _module_preset=”default” use_background_color_gradient=”on” background_color_gradient_stops=”#2b87da 0%|#1c2887 100%” background_image=”https:\/\/logisticsportal.net\/wp-content\/uploads\/2022\/07\/pexels-tom-fisk-3057960-scaled.jpg” min_height=”173px” custom_margin=”-29px|||||” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” title_text=”pexels-tom-fisk-3057960″ sticky_enabled=”0″]

Logistics Recap <\/strong><\/h1>\n

January 22nd <\/strong>– January 28th<\/strong><\/h1>[\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_padding=”0px|||||” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_divider show_divider=”off” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][et_pb_text _builder_version=”4.23.4″ _module_preset=”default” link_text_color=”#0C71C3″ link_option_url_new_window=”on” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]

Logistics layoffs signal industry-wide culling, leave seasoned talent available<\/b><\/p>\n

Recent layoffs at big-name logistics companies could be the start of a wider culling of supply chain jobs amid economic uncertainty, according to experts, leaving plenty of talent available for firms still hiring.<\/p>\n

Freight forwarder Flexport laid off 20% of its workforce last month, citing a macroeconomic downturn that is hurting its customers. Other seasoned industry names including\u00a0<\/span>C.H. Robinson<\/a>\u00a0<\/span>and\u00a0<\/span>DSV<\/a>\u00a0<\/span>are also relying on layoffs or hiring freezes as a way to reduce their labor costs.<\/p>\n

Read More Here Supply Chain Dive<\/a><\/strong><\/p>\n

 <\/p>\n

Global oil trade shakes up after fires at U.S. fuelmakers<\/b><\/p>\n

Refinery outages in the U.S. are rippling through the global export markets for oil and forcing producers in Canada to find new buyers to process their crude.<\/p>\n

Canadian oil sands producers have been pumping at record levels to fill supply needs left after western economies put sanctions on Russia. Canada typically sends crude to refiners in the U.S., where two plants were forced to halt production after fires.<\/p>\n

The winner in the shake-up appears to be refiners in Asia, who are seeing shipments from Canada surge to the highest in more than a year.<\/p>\n

Read More Here Supply Chain Brain<\/a><\/strong><\/p>\n

 <\/p>\n

Sanctions effect begins<\/b><\/p>\n

Tanker investors have been getting cold feet this winter. Spot rates are\u00a0<\/span>down sharply from November\u00a0<\/span>and\u00a0<\/span>stocks are off earlier highs. Yet the bullish tanker thesis \u2014 war-induced trade inefficiencies, post-COVID reopening, new vessel capacity that\u2019s about to fall off a cliff \u2014 hasn\u2019t changed.<\/p>\n

After spot rates \u201cbegan to ease from highs that were completely unsustainable\u201d came \u201cthe predictable selloff in the equities,\u201d said Evercore ISI analyst Jon Chappell in a research note on Friday.<\/p>\n

Read More Here Freightwaves<\/a><\/strong><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"

Logistics Recap January 22nd – January 28thLogistics layoffs signal industry-wide culling, leave seasoned talent available Recent layoffs at big-name logistics companies could be the start of a wider culling of supply chain jobs amid economic uncertainty, according to experts, leaving plenty of talent available for firms still hiring. 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