Yellow rides most favorable LTL environment, posts $60 million net profit in Q2

Yellow posted second quarter operating revenue of $1.424 billion and operating income of $99.2 million, which included a $3.2 million net gain on property disposals. In comparison, operating revenue in the 2021 second quarter was $1.313 billion and operating income was $27 million. Yellow’s net income for second quarter was $60 million, compared with a net loss of $9.4 million in the second quarter of 2021.

source https://www.supplychain247.com/article/yellow_rides_most_favorable_ltl_environment_posts_60_million_net_profit_in

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The Art of Consistent Perfect Order Delivery

This white paper defines what a perfect order is and details the technology that helps leaders achieve smart order fulfillment through optimized supply chain orchestration. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/the_art_of_consistent_perfect_order_delivery

FTR’s Shippers Conditions Index falls to a new record low reading

The February SCI came in at -17.9, down from January’s -10.1, topping March 2021 as the “toughest month to date for shippers,” noted FTR. But that comes with the caveat that February’s record is not likely to be lasting, with March expected to record an even lower reading, it said, stating that some rate relief will not nearly offset a surge in diesel prices. source https://www.supplychain247.com/article/ftrs_shippers_conditions_index_falls_to_a_new_record_low_reading

How Modern Logistics Companies Turn COVID Chaos into Long-Term Business Efficiency

COVID persists and supply chain operations are not expected to break from the current mode of remote workforce operations, however, smart operators are creating new opportunities by adopting forward-looking TMS solutions. source https://www.supplychain247.comhttps://www.supplychain247.com/article/logistics_companies_turn_covid_chaos_into_long_term_business_efficiency

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