Yellow Freight System
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Yellow Corporation, with a legacy of nearly 100 years in the transportation and logistics industry, recently announced the cessation of its operations and filed for voluntary Chapter 11 bankruptcy on August 6, 2023. The company, which operates under various affiliates including YRC Freight, USF Holland, Reddaway, and New Penn Motor Express, has transitioned to manage the sale of its rolling stock assets through auctions.
The extensive inventory available for auction includes a wide range of transportation equipment such as trailers, trucks, forklifts, and storage containers, located across over 300 terminal locations in the United States and Canada. This marks a significant shift for the company as it concludes its nearly century-long business operations.
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