Trucking company Yellow is at the end of its 99-year history. The embattled trucker ceased all operations on Sunday, succumbing to a financial tailspin that accelerated in recent weeks as it battled with the Teamsters union and dealt with a deepening cash crunch. The WSJ’s Sarah Nassauer reports the shutdown closes the door on a less-than-truckload carrier that took in around $5.2 billion in revenue just last year and accounted for 30,000 jobs, including 22,000 union workers. The company had just laid off a swath of its workers and told union members in a notice on Sunday to contact their union representatives. Experts say the embattled trucker’s business has been buffeted by a series of poorly handled acquisitions that saddled the business with debt while it operated in a low-price markets position that left it heavily exposed to shipping downturns and showdowns with the Teamsters union.

Yellow’s demise marks trucking’s biggest-ever collapse, surpassing the abrupt Consolidated Freightways shutdown in 2002 in terms of revenue and jobs. Customers are likely to see only limited disruptions in supply chains, however, since shippers have already been shifting their cargoes to other carriers at a rapid rate. The WSJ Logistics Report writes that the customer flight accelerated the cash drain that hollowed out the company’s finances while giving competitors including ABF Freight and Old Dominion Freight Line a shipment boost during a period of weak demand in the sector. The No. 3 operator in the LTL sector appeared to be clearing freight out of its system last week, a sign that Yellow officials were trying to avoid the chaos of having goods spread across its nationwide network as it shut down.

• Second-quarter profit at ABF Freight parent Arcbest fell 61% to $40.4 million on a 16.5% decline in revenue. (TB&P)
• Trucker Saia’s second-quarter profit fell 16.4% as revenue excluding fuel surcharges declined 6.8%. (Dow Jones Newswire)

A Walmart warehouse in central Florida is opening a window on the future of goods handling in logistics operations. Inside the sprawling facility, hundreds of jobs slinging boxes are changing into roles managing robotic arms, conveyor belts and screens. The WSJ’s Sarah Nassauer and Dave Cole report that because of Walmart’s scale, the retailer's plan to make automation standard across more of its supply chain will likely affect how competitors invest in their own facilities and what a U.S. warehouse job will become. Many of the retailer’s tens of thousands of warehouse workers will need to retrain for new roles and others will be replaced by people with new skills, such as technicians. The transition may be bumpy: At the Brooksville, Fla., distribution center, some of the site's roughly 900 workers say they are skeptical about transitioning to new roles.

• Walmart paid $1.4 billion to buy out a large investor in Flipkart, further cementing its control of the Indian e-commerce giant. (WSJ)

The eurozone economy returned to growth in the second quarter, expanding 1.1% at an annualized pace. (WSJ)

An official measure of China’s manufacturing activity fell for a fourth straight month in July.  (WSJ)

Pay and price pressures on the U.S. economy show signs of retreating. (WSJ) 

A survey of American consumer sentiment reached a 22-month high this month. (MarketWatch)

Procter & Gamble’s quarterly sales volumes fell 1% but revenue rose as the consumer-goods supplier raised prices another 7%. (WSJ)

A New Jersey bankruptcy judge threw out the second chapter 11 case that Johnson & Johnson filed to resolve its mass talc liabilities. (WSJ)

Lordstown Motors’ efforts to sell itself in bankruptcy are delayed after a judge ruled the electric-vehicle maker must first face a $900 million lawsuit over trade secrets. (WSJ)

Semiconductor maker Micron Technology plans to base its Asia-Pacific logistics center in Taiwan. (Taiwan News)

Unionized longshore workers at British Columbia ports rejected for the second time a proposed mediated contract offer. (CBC)

Crews were preparing to tow a burning cargo ship carrying some 3,800 vehicles, including nearly 500 electric cars, to an anchor point after flames and smoke subsided. (Associated Press)

CMA CGM’s net profit fell to $1.3 billion in the second quarter, down from $7.6 billion last year and from $2 billion in the first quarter. (Reuters)

Liberia displaced Panama as the world’s largest ship registry. (Splash 247)

Bankrupt aerospace supply chain specialist Incora is trying to compel a supplier to ship it parts that the company previously ordered. (Supply Chain Dive)

Authentic Brands is buying the Rockport shoe business out of bankruptcy. (Footwear News)

Freight revenues at Air France KLM Martinair Cargo fell nearly 34% in the second quarter. (The Loadstar)

Walmart is testing a system that would turn carbon dioxide into yarn to make clothing. (Los Angeles Times)

Paul Page is editor of WSJ Logistics Report. Reach him at paul.page@wsj.com.

Follow the WSJ Logistics Report team: @PaulPage, @bylizyoung and @pdberger. Follow the WSJ Logistics Report on X at @WSJLogistics.