Yellow Freight System Inc

Yellow Corporation, a prominent transportation and logistics provider, has announced the cessation of operations and filed voluntary Chapter 11 petitions on August 6, 2023, marking the end of nearly 100 years in business. The company's affiliates, including YRC Freight, USF Holland, and New Penn Motor Express, are included in this filing, highlighting the significant impact on the freight industry.

As part of the restructuring process, Yellow Corp. is managing an equipment auction through Ritchie Bros. and Nations Capital LLC, offering a range of assets including trucks, trailers, and forklifts from over 300 terminal locations across the United States and Canada. This auction represents the liquidation of the company's substantial rolling stock assets in response to its financial challenges.

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