After years of financial struggles, U.S. trucker Yellow Corp. is reportedly preparing for bankruptcy and seeing customers leave in large numbers. While no official decision has been announced by the company, the prospect of bankruptcy has renewed attention around Yellow’s ongoing negotiations with unionized workers, a $700 million pandemic-era loan from the government and other bills the trucker has racked up over time. Yellow, formerly known as YRC Worldwide Inc., is one of the nation’s largest less-than-truckload carriers. The Nashville, Tennessee-based company has some 30,000 employees and operates in all 50 states, Canada and Mexico. 

The Association for Supply Chain Management (ASCM) has launched a new Certified in Transformation for Supply Chain (CTSC) credential. The CTSC credential is designed to recognize individuals who have demonstrated the knowledge and skills necessary to lead transformation initiatives in the supply chain. The credential is available to supply chain professionals with a minimum of five years of experience in the field. According to ASCM, the CTSC credential is the first of its kind in the supply chain industry. 

Geopolitical activities are causing economic disruption and creating new supply chain challenges. To address these challenges, Info-Tech Research Group suggests the use of modern control towers. Control towers are a technology-driven approach to supply chain management that uses real-time data to monitor and respond to changes in the supply chain. This approach provides a comprehensive view of the supply chain, allowing companies to anticipate and respond to disruptions quickly and efficiently.