Yellow Freight
Yellow Corporation, a prominent player in the transportation and logistics industry for nearly a century, announced the cessation of its operations and filed for Chapter 11 bankruptcy on August 6, 2023. The company operated under various brands, including YRC Freight, USF Holland, and New Penn Motor Express, offering a range of freight and logistics services across the United States and Canada.
In conjunction with its bankruptcy filing, Yellow Corporation is conducting an equipment auction managed by Ritchie Bros. and Nations Capital LLC, featuring a diverse inventory of rolling stock assets, including trucks, trailers, and forklifts, available from over 300 terminal locations. The sale marks a significant transition as the company seeks to manage its remaining assets amid its restructuring process.
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