West Coast Ports Strike Deal to Avoid Supply Chain Disruption

West Coast Ports Strike Deal to Avoid Supply Chain Disruption

The Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) reached a tentative agreement on a six-year contract, bringing stability to West Coast ports. This agreement alleviates concerns about supply chain disruptions. However, long-term challenges such as automation, infrastructure, and efficiency remain. Continued cooperation between all parties is necessary to ensure the competitiveness of the ports and meet trade demands. The agreement signals a positive step towards long-term stability but requires ongoing commitment to address underlying issues.

11/03/2025 Logistics
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Yellow Corp Bankruptcy Ends Centuryold Trucking Firm Shakes Industry

Yellow Corp Bankruptcy Ends Centuryold Trucking Firm Shakes Industry

Yellow Corp., a major US freight carrier, has ceased operations and is expected to file for bankruptcy due to debt, labor disputes, and management issues. This shutdown is sending shockwaves through the freight industry and impacting the job market. The company's financial struggles and contentious relationship with the Teamsters union ultimately led to its demise, leaving thousands unemployed and disrupting supply chains. The bankruptcy will likely reshape the competitive landscape of the trucking sector and potentially lead to higher shipping costs.

01/19/2026 Logistics Industry Insights
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Yellow Corp Bankruptcy Spurs Freight Industry Shakeup

Yellow Corp Bankruptcy Spurs Freight Industry Shakeup

Yellow Corp. faces labor disputes and debt pressure, leading to freight diversion risks. A TD Cowen report suggests ABF Freight and TForce Freight could benefit. The key lies in whether Yellow can reach an agreement with the union and secure financing. Shippers should assess the risks and diversify their carrier options. The ongoing situation highlights the volatility within the LTL sector and the importance of contingency planning for shippers reliant on Yellow's services. The outcome will significantly impact the competitive landscape.

01/19/2026 Logistics Industry Insights
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New IATA Course Helps Airlines Comply With EU Aviation Rules

New IATA Course Helps Airlines Comply With EU Aviation Rules

The IATA 'EU Aviation Law' course helps you master EU aviation regulations, address challenges, and expand into the European market. The course covers key topics such as EU aviation law, the Single European Sky, passenger protection, data protection, and the Emissions Trading System. Through case studies and simulations, it enhances practical skills. It is suitable for airline management, legal, operations personnel, and related practitioners. This course provides a comprehensive understanding of the legal landscape governing aviation within the European Union.

01/20/2026 Logistics Encyclopedia
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US Trucking Industry Transforms Amid Labor Disputes Acquisitions

US Trucking Industry Transforms Amid Labor Disputes Acquisitions

Negotiations between the Teamsters union and freight companies in the US are facing obstacles, potentially leading to a strike. Meanwhile, Arkansas Best Corp. is acquiring Panther to expand its end-to-end logistics services. The US freight industry faces challenges like strained labor relations and intense market competition. However, it also benefits from the growth of e-commerce and global trade. Companies need to balance labor relations, improve efficiency, embrace innovation, and focus on sustainable development to succeed in this dynamic environment.

01/20/2026 Logistics
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Finlands Central Bank Explains SWIFT Code Use for International Transfers

Finlands Central Bank Explains SWIFT Code Use for International Transfers

This article provides a detailed overview of the Bank of Finland (Suomen Pankki Finlands Bank) SWIFT/BIC code, SPFBFIHHXXX. It delves into its significance, common use cases, and methods for locating the code. By reading this article, users can accurately identify the Bank of Finland's SWIFT code, prevent common errors in international money transfers, and ensure the safe and rapid arrival of funds. It serves as a practical guide for anyone involved in international transactions with the Bank of Finland.

09/02/2025 International Settlement
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Azerbaijans Xalq Bank Clarifies SWIFT Code for Seamless Transfers

Azerbaijans Xalq Bank Clarifies SWIFT Code for Seamless Transfers

This article provides a detailed explanation of Xalq Bank Azerbaijan's SWIFT/BIC code, HAJCAZ22XXX, and highlights the importance of using it correctly for international money transfers. It emphasizes the crucial steps of verifying bank details and avoiding transfer delays. The article also reminds readers to pay attention to transfer fees, exchange rates, and other considerations to ensure a smooth cross-border transfer to Xalq Bank. This guide aims to help users successfully complete their international transactions to Xalq Bank.

09/02/2025 International Settlement
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UPS Expands Airconditioned Fleet After Teamsters Deal

UPS Expands Airconditioned Fleet After Teamsters Deal

UPS is accelerating its agreement with the Teamsters union to equip vehicles with air conditioning. The plan includes retrofitting 5,000 existing vehicles with AC and testing cargo area cooling solutions. This initiative aims to improve working conditions for employees and enhance operational efficiency. Concurrently, UPS is restructuring its network and adjusting its approach to Amazon business to optimize profitability. These changes reflect UPS's commitment to both employee well-being and long-term financial health.

01/07/2026 Logistics
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West Coast Ports Resume Labor Talks to Prevent Congestion

West Coast Ports Resume Labor Talks to Prevent Congestion

The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) are scheduled to resume negotiations to proactively address contract extensions and prevent future freight congestion at West Coast ports. These talks are critical to global trade stability. Key negotiation points are expected to include wages and benefits, automation, job security, and contract duration. The outcome will directly impact shippers' supply chain efficiency and costs, making a timely agreement essential to avoid disruptions.

01/21/2026 Logistics
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