Yes, it makes sense when there is a "hand off" of continuing operations to the next shift.

For something like software, being produced by ICs or even pairs, a fixed daily meeting is much more likely (at least in my experience) to become a ceremony[1] over time even if it is occasionally or initially beneficial.

[1] was wanting to find a link but could not. I'm using this word in the sense that Tom DeMarco used it in Peopleware.