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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Iowa Weighs Shorter Truck Following Distances to Boost Platooning

Iowa Weighs Shorter Truck Following Distances to Boost Platooning

Iowa is considering easing following distance restrictions for truck platooning, sparking discussions about technological advancements outpacing regulations and potential job impacts. This technology offers benefits such as improved fuel efficiency and safety, but also faces technical, safety, and regulatory challenges. Governments, businesses, and the public need to collaborate to navigate the transformation of the trucking industry. The debate highlights the need for proactive policy-making to address the implications of autonomous driving technologies in transportation and ensure a smooth transition for all stakeholders.

01/19/2026 Logistics Industry Insights
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East Coast Port Labor Talks Resume Strike Averted

East Coast Port Labor Talks Resume Strike Averted

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) will resume contract negotiations on January 7th to avert a potential port strike. The core dispute revolves around the use of semi-automated rail-mounted gantry cranes, with the ILA fearing job losses due to automation. Businesses should assess risks, develop contingency plans, and closely monitor the negotiation progress to mitigate potential supply chain disruptions. The outcome of these negotiations will significantly impact port operations and the overall economy.

01/18/2026 Logistics
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White House Advisor Proposes Dual Strategy for Growth Inflation Control

White House Advisor Proposes Dual Strategy for Growth Inflation Control

Jared Bernstein, Chairman of the Council of Economic Advisers, interprets the current US economic situation from a 'freight perspective,' emphasizing a dual-engine strategy of 'stable growth and controlled inflation.' He focuses on trade structure, consumer spending, and supply chain resilience. While cautiously optimistic about the future of the US economy, he believes that the government, businesses, and the public must work together to achieve long-term economic prosperity. The administration is focused on mitigating inflation while maintaining a strong job market.

01/20/2026 Logistics Industry Insights
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Rail Unions Rivals Oppose UPNS Merger Over Competition Fears

Rail Unions Rivals Oppose UPNS Merger Over Competition Fears

The proposed $85 billion merger between Union Pacific and Norfolk Southern has sparked strong opposition from labor unions, who fear it will weaken railroad competitiveness and jeopardize jobs and safety. Competitors also question whether the merger will reshape the industry and reduce market competition. Union Pacific emphasizes that the merger aims to optimize customer service, improve overall efficiency, and guarantees job security for union members. The proposed merger is facing scrutiny from various stakeholders due to its potential impact on the industry landscape.

01/21/2026 Logistics Industry Insights
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Fedex Cuts 843 Jobs Across Five Facilities

Fedex Cuts 843 Jobs Across Five Facilities

FedEx announced it will lay off 843 employees across five facilities in the coming months. The layoffs, impacting transportation hubs and supply chain facilities, are aimed at network consolidation, cost reduction, and adapting to evolving customer needs. The company will strive to help affected employees find internal job opportunities and continue investing in new technologies and innovation to improve operational efficiency and customer experience. This restructuring reflects FedEx's ongoing efforts to optimize its operations and navigate the changing logistics landscape.

01/28/2026 Logistics
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Liberia Adopts Competencybased HR to Improve Governance

Liberia Adopts Competencybased HR to Improve Governance

The Liberia Revenue Authority, with support from the World Customs Organization, implemented competency-based human resource management. By building competency models, competency dictionaries, and job descriptions, they optimized talent allocation and enhanced employee capabilities. This initiative aims to improve tax collection efficiency and promote national economic development. This approach provides a valuable reference for other government departments and enterprises, emphasizing a people-oriented strategy that prioritizes talent cultivation and development. The focus is on aligning skills with roles to boost overall organizational performance.

01/26/2026 Customs Knowledge
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Beginners Guide to Essential Trade Documentation

Beginners Guide to Essential Trade Documentation

This article provides a detailed analysis of the core responsibilities of a foreign trade order follower, covering four key areas: order tracking, document processing, logistics coordination, and customer relationship management. It aims to offer a comprehensive and practical introductory guide for newcomers to the field of foreign trade, helping them quickly grasp essential job skills and enhance their professional abilities. This guide serves as a valuable resource for understanding the intricacies of managing international trade orders from start to finish.

01/29/2026 Logistics Encyclopedia
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US Manufacturing PMI Falls Amid Fiscal Cliff Fears

US Manufacturing PMI Falls Amid Fiscal Cliff Fears

The US ISM Manufacturing PMI fell below 50 in November, marking the fourth decline in six months. Uncertainty surrounding the "fiscal cliff" contributed to the downturn, with weak new orders, pressure on the job market, and cautious inventory management by businesses. The report highlights the need to address the potential risks posed by the "fiscal cliff" and implement measures to stimulate demand and promote manufacturing recovery. The slowdown suggests a potential economic recession if the fiscal issues are not resolved.

01/28/2026 Logistics Industry Insights
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Malawi Boosts Customs Intelligence to Curb Wildlife Trafficking

Malawi Boosts Customs Intelligence to Curb Wildlife Trafficking

The World Customs Organization (WCO) continues to support the Malawi Revenue Authority (MRA) in strengthening its intelligence functions to enhance its risk management capabilities in combating illegal wildlife trade. Through the WCO-INAMA project, the MRA has optimized its business processes and job responsibilities, laying the foundation for the implementation of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). This initiative is of great significance for the ecological security of Malawi and the world.

01/26/2026 Customs Knowledge
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