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
Read More
Shopify Payments Waives Fees to Boost Global Ecommerce Sales

Shopify Payments Waives Fees to Boost Global Ecommerce Sales

Shopify Payments is Shopify's official payment gateway, streamlining payment collection and waiving third-party transaction fees. Chinese merchants typically need to register an overseas company and obtain a local bank account to activate it. This article provides the conventional activation method and introduces a special channel for quick activation by providing domestic information, helping merchants reduce costs and expand into overseas markets. This alternative method offers a faster and potentially more accessible route for Chinese businesses to leverage Shopify Payments.

01/19/2026 International Settlement
Read More
Flexport Aims to Modernize US Customs for Faster Trade

Flexport Aims to Modernize US Customs for Faster Trade

Flexport's Tom Gould joins the U.S. Customs and Border Protection's Commercial Operations Advisory Committee (COAC) to advance customs modernization and address the disconnect between supply chains and customs operations. He will focus on system upgrades, data interoperability, and data science empowerment to improve clearance efficiency, reduce costs for businesses, and simplify global trade. This initiative aims to streamline processes, enhance communication, and leverage technology to create a more efficient and responsive customs environment, ultimately benefiting businesses involved in international commerce.

01/19/2026 Logistics Industry Insights
Read More
Warehouses Adopt Tech to Enhance Efficiency Customer Service

Warehouses Adopt Tech to Enhance Efficiency Customer Service

Optimizing distribution centers is crucial to meet consumers' high expectations for fast delivery. enVista's ebook, 'The Eight Elements of a Successful Distribution Center Optimization Strategy,' offers a comprehensive guide covering key aspects such as operational assessment, facility design, inventory management, and direct-to-consumer strategies. By optimizing these elements, businesses can improve operational efficiency, reduce costs, and enhance customer experience, ultimately gaining a competitive edge. The ebook provides actionable insights for streamlining processes and maximizing the effectiveness of distribution center operations.

01/19/2026 Warehousing
Read More
Fedex Elroy Air Partner on Drone Midmile Delivery

Fedex Elroy Air Partner on Drone Midmile Delivery

FedEx is collaborating with Elroy Air to revolutionize mid-mile logistics using the Chaparral drone. This partnership aims to improve efficiency, reduce costs, and expand services to remote areas. This initiative not only enhances customer experience but also aligns with FedEx's carbon neutrality goals, signaling the future of aerial logistics. The use of drones for mid-mile delivery promises faster and more flexible transportation of goods, potentially transforming the supply chain landscape for FedEx and setting a precedent for other companies.

01/15/2026 Logistics
Read More
Fedex Q3 Earnings Miss Withdraws Fullyear Forecast Amid Pandemic Challenges

Fedex Q3 Earnings Miss Withdraws Fullyear Forecast Amid Pandemic Challenges

FedEx's Q3 performance fell short of expectations, with a significant drop in net profit due to the pandemic, rising costs, and other factors. The company has suspended its full-year earnings forecast and is taking measures to address the challenges. While facing difficulties, FedEx Ground performed strongly, and the company is actively adjusting its strategies to adapt to the changing market environment. They are focusing on cost optimization and streamlining operations to improve profitability and navigate the current economic headwinds.

01/15/2026 Logistics
Read More
Fedex Pays 228M in Contractor Misclassification Case

Fedex Pays 228M in Contractor Misclassification Case

The $228 million FedEx settlement highlights the controversy surrounding the independent contractor model, sparking reflection on corporate employment practices, labor rights, and the industry's future. While this model can reduce costs, it may also compromise worker rights. Moving forward, the logistics industry needs to balance compliance, employee well-being, and consumer interests to achieve sustainable growth. This case underscores the need for careful consideration of the ethical and legal implications of different employment models within the evolving landscape of logistics and delivery services.

01/15/2026 Logistics
Read More
Trucking Slump Deepens As DAT Freight Index Hits Record Low

Trucking Slump Deepens As DAT Freight Index Hits Record Low

The DAT Truckload Volume Index indicates a decrease in freight volume and falling freight rates in February, signaling excess capacity. Experts suggest the market is normalizing, with overcapacity being a key challenge. Businesses need to improve efficiency, control costs, expand channels, enhance services, invest in technology, flexibly adjust capacity, strengthen risk management, and seek collaborations to address the challenges and seize opportunities. The current market conditions require strategic adaptation and proactive measures to maintain competitiveness and profitability within the evolving logistics landscape.

01/15/2026 Logistics Industry Insights
Read More
Publicprivate Partnerships Ease Port Dredging Backlogs

Publicprivate Partnerships Ease Port Dredging Backlogs

US ports face challenges in dredged material management. The Port of Baltimore is exploring a public-private partnership model, leveraging private sector technology and funding to reuse dredged material, reducing costs and environmental pollution. This involves transforming dredged sediments into beneficial products. Other ports are also experimenting with similar innovative approaches, promoting sustainable port development. This model offers a potential solution for addressing the increasing volumes of dredged material and the associated environmental concerns, while also fostering economic growth and resource efficiency.

01/15/2026 Logistics
Read More
USPS Tenyear Plan Aims to Revive Struggling Service

USPS Tenyear Plan Aims to Revive Struggling Service

The United States Postal Service (USPS) faces significant financial challenges, with widening losses in the third quarter. Despite overall operating revenue growth, the net loss reached $3.0 billion. Marketing mail rebounded, but shipping and package revenue declined. USPS is actively pursuing a ten-year reform plan aimed at achieving financial sustainability and improving service quality. However, it still faces challenges such as market competition and labor costs. The successful implementation of the reform plan will determine the future of the USPS.

01/15/2026 Logistics
Read More