Yellow Freight System Inc
Yellow Corporation, a prominent player in the freight and logistics industry, has been in operation for nearly a century before ceasing operations and filing for voluntary Chapter 11 bankruptcy on August 6, 2023. The company's extensive portfolio included multiple subsidiaries such as YRC Freight, USF Holland, and New Penn Motor Express, which collectively provided a wide range of transportation services across the United States and Canada.
Following its bankruptcy filing, Yellow Corporation's equipment assets, including trucks, trailers, and forklifts, are being auctioned off through Ritchie Bros. and Nations Capital, with inventory available from over 300 terminal locations. This marks the end of an era for a company that has significantly contributed to the logistics sector.
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