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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Four

Supply Chain Matters

According to reporting by Bloomberg , venture capitalists and private equity investors have been funding existing logistics technology providers and start-ups at the rate of $9 billion per quarter since late 2020. Significant industry capacity supply and demand imbalance, similar to what occurred in 2008 and 2009 global recession.

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The Demise of Yellow Corporation

American Global Logistics

First, as a 99-year-old company , Yellow was an institution in the industry. Third, it was the fifth-largest transportation company with over ^5 market share. However, the company has faced financial difficulties in recent years, leading to its eventual demise. Second, Yellow was the nation’s third-largest LTL carrier.