Roadway Express Inc
Yellow Corporation, which includes affiliates such as YRC Inc., USF Holland, and New Penn Motor Express, has declared a halt to operations after nearly 100 years in the business, filing for Chapter 11 bankruptcy on August 6, 2023. The company was a significant player in the transportation and logistics industry, providing freight services across the United States and Canada.
In conjunction with the bankruptcy proceedings, Yellow Corporation is conducting an auction of its extensive rolling stock assets, which includes a variety of trucks, trailers, and equipment located at over 300 terminal sites. The auction is being managed by Ritchie Bros. and Nations Capital LLC as part of the company's asset liquidation process.
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