YRC Freight
YRC Freight, part of the Yellow Corporation, has a long-standing history of nearly 100 years in the transportation industry, but has recently ceased operations and filed for voluntary Chapter 11 bankruptcy protection on August 6, 2023. This filing includes several affiliates such as USF Holland, USF Reddaway, and New Penn Motor Express, marking a significant transition for the company.
In conjunction with the bankruptcy proceedings, an equipment auction is being managed by Ritchie Bros. and Nations Capital LLC, offering a wide range of assets including trucks, trailers, and other transportation equipment located across the United States and Canada. The auction aims to liquidate the extensive inventory accumulated over decades of service in the logistics sector.
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