ABF FREIGHT SYSTEM INC
Yellow Corporation, a longstanding entity in the freight and logistics industry, officially ceased operations and filed for Chapter 11 bankruptcy on August 6, 2023, after nearly a century of business. The company's portfolio included renowned divisions such as YRC Freight, USF Holland, and New Penn Motor Express, reflecting its extensive reach within the transportation sector.
The liquidation of Yellow Corporation’s assets is being managed by Ritchie Bros. and Nations Capital LLC, with a significant inventory available that includes trailers, trucks, and other equipment across more than 300 terminal locations in the U.S. and Canada. This marks a significant transition in the logistics landscape as the company moves to auction off its rolling stock and equipment.
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