Yrc

Yellow Corporation, a long-standing player in the transportation and logistics industry, has ceased operations after nearly 100 years of business and filed for voluntary Chapter 11 bankruptcy on August 6, 2023. This announcement includes several of its affiliates such as YRC Inc. (dba YRC Freight), USF Holland, Reddaway, and New Penn Motor Express.

The company is now in the process of auctioning off its rolling stock assets through Ritchie Bros. and Nations Capital LLC, with a diverse inventory that includes trailers, trucks, and various other equipment. The auction will cover over 300 terminal locations across the United States and Canada, marking a significant transition for the organization and its stakeholders.

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