Yellow Corporation, along with its affiliates including YRC Freight, USF Holland, and New Penn Motor Express, has ceased operations and filed for voluntary Chapter 11 bankruptcy protection on August 6, 2023, marking the end of nearly 100 years of business in the freight transportation industry. The company managed a vast fleet and extensive terminal network across the United States and Canada.

In conjunction with the bankruptcy filing, Yellow Corporation is conducting an equipment auction managed by Ritchie Bros. and Nations Capital LLC, featuring a wide array of assets including trucks, trailers, and other logistical equipment located at over 300 terminals. This significant liquidation reflects the company's transition out of the freight space and its commitment to asset management during the Chapter 11 process.

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