YRC
Yellow Corporation, a prominent transportation and logistics company with nearly 100 years of history, has ceased operations and filed for voluntary Chapter 11 bankruptcy protection on August 6, 2023. The company, which operated under various brands including YRC Freight, USF Holland, and New Penn Motor Express, has commenced an equipment auction for its assets managed by Ritchie Bros. and Nations Capital LLC.
The auction features a diverse inventory of rolling stock assets, including trucks, trailers, forklifts, and utility vehicles, distributed across more than 300 terminal locations throughout the United States and Canada. This marks a significant turning point for the company and its affiliates, as they navigate the complexities of the bankruptcy process.
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