Yrc Freight
Yellow Corporation, which operated under several brands including YRC Freight, USF Holland, and New Penn Motor Express, announced the cessation of its operations after nearly a century in business, filing for voluntary Chapter 11 bankruptcy on August 6, 2023. The company's affiliates and services provided extensive freight and logistics solutions across North America.
As part of the bankruptcy proceedings, Yellow Corporation is managing the auction of its rolling stock assets, which include a significant inventory of trucks, trailers, and other transportation equipment located at over 300 terminal sites. Ritchie Bros. and Nations Capital LLC have been appointed to oversee the sale of these assets.
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