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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Yandex Dominates Russias Search Engine Market

Yandex Dominates Russias Search Engine Market

Yandex, Russia's largest search engine, holds a significant position in the Russian internet market through its localization strategy and technological innovation. Beyond search services, it encompasses e-commerce, online advertising, mobile applications, and more, building a diversified internet ecosystem. Facing international competition and information security challenges, Yandex needs to continuously innovate, improve user experience, and contribute further to the development of the Russian internet. Its focus on local content and understanding of the Russian language and culture has been key to its success.

01/19/2026 Logistics Encyclopedia
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JB Hunt Funds University of Arkansas for Supply Chain Innovation

JB Hunt Funds University of Arkansas for Supply Chain Innovation

J.B. Hunt donated $2.75 million to the University of Arkansas to establish a supply chain management program. This initiative aims to enhance supply chain efficiency through technological innovation and talent development. The program will foster interdisciplinary collaboration, cultivating future supply chain professionals with data analysis, systems thinking, and innovative skills. These graduates will be equipped to address industry challenges and promote sustainable development within the field. The donation underscores the importance of investing in education and research to advance supply chain practices.

01/19/2026 Logistics Industry Insights
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Digital Freight Forwarding Boosts Air Cargo Efficiency

Digital Freight Forwarding Boosts Air Cargo Efficiency

The international air freight forwarding industry is undergoing a digital transformation. Freight forwarding systems significantly improve efficiency and reshape the industry landscape through automated order processing, real-time logistics tracking, intelligent customs clearance, efficient freight rate management, automated financial settlement, and integrated data analysis. Embracing digitalization is crucial for freight forwarding companies to win in the future. This shift allows for streamlined operations, improved visibility, and better decision-making, ultimately leading to enhanced customer satisfaction and a competitive edge in the global market.

01/19/2026 Logistics Industry Insights
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IATA Addresses Aviations Safety Efficiency and Sustainability Challenges

IATA Addresses Aviations Safety Efficiency and Sustainability Challenges

IATA Consulting provides customized solutions for aviation industry challenges, covering safety, operational efficiency, compliance, and sustainability. Through expert consulting services, we help businesses improve safety performance, optimize operational processes, ensure regulatory compliance, embrace a green future, expand markets, and earn stakeholder trust, ultimately achieving sustainable development. We offer tailored strategies to enhance performance, reduce costs, and navigate the evolving regulatory landscape. Our focus is on delivering tangible results that drive long-term success for our clients in the aviation sector.

01/20/2026 Logistics Industry Insights
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New IATA Guide Aims to Enhance Aviation Safety Investigations

New IATA Guide Aims to Enhance Aviation Safety Investigations

The IATA "Introduction to Safety Investigation" course aims to enhance participants' internal investigation capabilities regarding aviation safety incidents. It covers ethics, human factors, investigation principles, and root cause analysis. Through interactive teaching, participants will master skills such as identifying investigation types, conducting safety investigation research, and applying critical thinking. They will also understand the influence of unconscious bias and cultural factors. Ultimately, participants will be able to develop effective control measures and write professional investigation reports, contributing to aviation safety.

01/20/2026 Logistics Encyclopedia
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Global Airline Group IATA Enhances Ground Ops Efficiency

Global Airline Group IATA Enhances Ground Ops Efficiency

The IATA OPS Portal is an online platform designed to provide airlines and ground handling service providers with operational standards, facilitate information exchange, and achieve standardization, transparency, and efficiency in ground operations. Through self-assessments, compliance declarations, information exchange, and deviation publications, the OPS Portal helps companies improve operational levels, reduce risks, and provide safer and more reliable services for passengers. It streamlines processes and promotes best practices across the industry, ultimately contributing to a more consistent and higher quality travel experience.

01/20/2026 Logistics Encyclopedia
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Uganda Boosts Wildlife Trade Enforcement with WCO Backing

Uganda Boosts Wildlife Trade Enforcement with WCO Backing

With the support of the World Customs Organization (WCO) Inama Project, the Uganda Revenue Authority (URA) is actively enhancing its capacity to combat Illegal Wildlife Trade (IWT). Through initiatives such as developing a CITES Enforcement Manual, strengthening inter-agency collaboration, and raising public awareness, Uganda is poised to play a greater role in protecting endangered species and contributing significantly to global biodiversity conservation. The efforts focus on improving customs enforcement practices to effectively intercept and prevent the illegal trade of wildlife products.

01/20/2026 Customs Knowledge
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WCO Helps Togo Increase Revenue by Tightening Customs Controls

WCO Helps Togo Increase Revenue by Tightening Customs Controls

The World Customs Organization (WCO) completed a three-phase capacity building assistance program for Togo Customs, aimed at helping the Togolese Revenue Office (OTR) reclaim outsourced customs valuation functions and enhance its valuation capabilities. The program, through diagnostic assessments, expert training, and the establishment of an electronic database, helped Togo Customs close tax loopholes and increase fiscal revenue, providing stronger financial support for national development. The initiative strengthened Togo's ability to accurately assess customs duties and improve overall customs administration.

01/20/2026 Customs Knowledge
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Flexport Raises 11B to Expand Global Supply Chain Tech

Flexport Raises 11B to Expand Global Supply Chain Tech

Flexport secured $110 million in Series C funding led by DST Global, with participation from existing investors. The company aims to connect the global supply chain through technological innovation, offering increased transparency, more accurate data, and superior service. Flexport envisions building a seamless global trade ecosystem and is actively addressing competition from players like Amazon. Investors are confident in Flexport's future growth potential, driven by its technology-focused approach to streamlining international logistics and providing better visibility into the complexities of global trade.

01/20/2026 Logistics
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