CCTV: The Giants Can't Carry It Anymore; The Global Freight Industry May Suffer A Cold Winter.

According to CCTV Finance, recently, global shipping giant Maersk announced plans to lay off more than 10,000 workers, raising concerns.

CNBC Jiang Yu: The weathervane of global trade, shipping industry giant Maersk, recently announced plans to lay off more than 10,000 people and expects profits to be at the low end of previous guidance. This has led many analysts to believe that the global freight industry may be experiencing a cold winter. Maersk's share price plummeted more than 15% after the news was announced, and the stock has continued to slump recently.

Maersk said the main reason behind this is the low demand as well as the fall in freight costs. Not only in the shipping industry, the land transportation industry is also facing the same challenges, and the "winter" may last for some time.

This can be seen in the forecast for truckload freight costs. According to CNBC's survey of U.S. logistics executives, more than 51 percent expect rates for truckload freight to decline in the first half of next year, with declines ranging from 5 to 15 percent.

In addition, 17% of executives believe that prices will remain unchanged. Executives said that freight pricing will only continue to be weak as capacity exceeds demand.

Now that the holiday shopping season is almost upon us in the U.S., many freight companies are reporting a lack of large orders from retailers and a cooling of consumer demand. Additionally, 67 percent of logistics companies say that this holiday season, more promotional, lower-cost products are being shipped, while the number of big-ticket items, such as appliances, furniture, and luxury goods, has dropped significantly.

C.H. Robinson, a logistics company that serves 7,500 retailers, told CNBC that retailers are generally cautious now that inflation remains a major issue. Some analysts say the freight industry could be in for a longer recession as a result of the macroeconomic impact.

BANK OF AMERICA ANALYST KEN HOXTER: The freight industry will be in a longer recession; inflation and high interest rates are affecting consumers, resulting in demand for freight volume not being as strong.

According to the survey, executives believe that in the first half of next year, freight volume is still not optimistic, but the survey shows that there is a general expectation that in the second half of next year, the U.S. freight industry may undergo a turnaround. Among them, 50% think that freight volume will increase by 5%, 33% think that freight volume will increase by 10%, and 17% think that freight volume will increase by 15%. At present, the global logistics and transportation industry is facing multiple challenges, including weak consumer demand, climbing interest rates, and rising fuel costs.