Yrc Freight
YRC Freight, part of Yellow Corporation, has been a significant player in the freight and logistics industry for nearly 100 years. On August 6, 2023, the company, along with its affiliates, filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code, marking a pivotal moment in its operational history.
The company's assets, including a wide range of transportation equipment, are being managed for auction by Ritchie Bros. and Nations Capital LLC, covering locations across the United States and Canada. This transition reflects the broader challenges faced in the logistics sector and the company's determination to reorganize its operations amidst changing market conditions.
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