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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Teamsters Extend Lifeline to Struggling Yellow Corp

Teamsters Extend Lifeline to Struggling Yellow Corp

The International Brotherhood of Teamsters averted a strike at Yellow Corp., but the company's financial woes persist. Both parties are back at the negotiating table to discuss the "One Yellow" plan. Yellow Corp. needs to improve its financial standing and collaborate with the union to increase efficiency for survival. Its fate impacts not only itself but also the broader logistics industry. Investors should be aware of the risks involved as Yellow Corp. navigates these challenging times and strives for a sustainable future.

01/19/2026 Logistics
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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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US Port Labor Talks Resume As Strike Threat Automation Concerns Grow

US Port Labor Talks Resume As Strike Threat Automation Concerns Grow

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have resumed contract negotiations to avert a potential strike that could cripple ports along the U.S. East and Gulf Coasts. A central point of contention is port automation, with the union fearing job losses. The outcome of these negotiations will significantly impact the development of U.S. ports and the global supply chain. The key challenge lies in balancing increased port efficiency with the protection of workers' rights, ultimately achieving sustainable development.

01/27/2026 Logistics
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Oil Tanker Trade Shifts Amid Sanctions Energy Market Changes

Oil Tanker Trade Shifts Amid Sanctions Energy Market Changes

The sanctions imposed by the U.S. and EU on Russian and Iranian oil and gas are reshaping the global tanker market. The aim of the sanctions is to weaken oil revenues, and while it is important to be cautious of short-term supply chain fluctuations, overall market gaps can be filled by other Middle Eastern countries. Additionally, the growing demand for second-hand vessels may help alleviate pressure on declining asset prices.

07/31/2025 Logistics Industry Insights
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Export Compliance Guide for Electric Bicycle Industry

Export Compliance Guide for Electric Bicycle Industry

This article provides a detailed interpretation of key aspects of electric bicycle exports, including lithium battery UN code classification, dangerous goods packaging requirements, and standards in China and target countries/regions (e.g., EU CE certification, US UL standards). It offers practical export advice to help companies achieve regulatory compliance and seize international market opportunities. The article focuses on ensuring smooth and compliant export processes for electric bicycle manufacturers looking to expand their global reach.

08/21/2025 Logistics Encyclopedia
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Ethiopia Modernizes Customs Tariffs to Meet Global Norms

Ethiopia Modernizes Customs Tariffs to Meet Global Norms

Ethiopia is accelerating the modernization of its tariff classification system to align with international standards, aiming to facilitate trade and promote economic growth. With support from the EU-WCO Africa HS Project, the Ethiopian Customs Commission is working to streamline processes, improve efficiency, and strengthen capacity building to adapt to the evolving global trade environment. This initiative seeks to simplify customs procedures, reduce trade barriers, and enhance Ethiopia's competitiveness in the international market.

01/05/2026 Customs Knowledge
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Algeria Studies Dutch Customs Labs to Enhance African Trade

Algeria Studies Dutch Customs Labs to Enhance African Trade

Algerian customs experts visited the Netherlands to study customs laboratories, aiming to learn advanced practices for building a modern laboratory in their country. This visit is part of the EU-World Customs Organization HS-Africa project, which focuses on improving customs management and promoting trade facilitation in Africa. The study tour covered laboratory design, technical equipment, workflow, and tariff classification. The insights gained will provide valuable references for the construction of the Algerian customs laboratory.

01/16/2026 Customs Knowledge
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WCO Enhances Madagascar Trade with Advanced Ruling System

WCO Enhances Madagascar Trade with Advanced Ruling System

The World Customs Organization (WCO), through the EU-WCO Programme for Harmonized Commodity Description and Coding System in Africa, provides comprehensive support to Madagascar Customs in establishing a national advance ruling system. This includes capacity building workshops, technical assistance, experience sharing, and laboratory construction. The initiative aims to enhance trade facilitation in Madagascar, reduce trade risks, improve customs clearance efficiency, and increase trade certainty, ultimately injecting new vitality into the country's economic development.

01/22/2026 Customs Knowledge
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Ivory Coast Enhances Customs Training for Advanced Ruling System

Ivory Coast Enhances Customs Training for Advanced Ruling System

Côte d'Ivoire is actively enhancing its customs classification skills in preparation for implementing an advance rulings system, aligning with the WTO's Trade Facilitation Agreement. With support from the EU and Germany, Côte d'Ivoire held a customs classification workshop aimed at developing expertise, improving trade facilitation, and contributing to global trade. The advance rulings system, a key mechanism, will enhance trade predictability, reduce costs, promote compliance, and facilitate Côte d'Ivoire's integration into the global trading system.

01/26/2026 Customs Knowledge
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