Yrc Freight
YRC Freight, a prominent player in the freight transportation industry, has ceased operations and filed for voluntary Chapter 11 bankruptcy on August 6, 2023, marking the end of nearly a century of business. This filing affects various subsidiaries, including USF Holland, USF Reddaway, and New Penn Motor Express.
In conjunction with the bankruptcy proceedings, Yellow Corporation is managing an extensive auction of their rolling stock assets, which includes a vast inventory of trailers, trucks, and other equipment located across over 300 terminal sites in the U.S. and Canada. The auction is being conducted by Ritchie Bros. and Nations Capital LLC, providing an opportunity for interested buyers to acquire essential transportation equipment.
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