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Once a major player in the High Desert, Yellow Corp. shut down its trucking operations on Sunday as it prepared to head for a bankruptcy filing.
Yellow Corp., a once-dominant US trucking company, has filed for bankruptcy as it winds down its 99-year-old business that employs 30,000 workers.
Yellow Corp., a 99-year-old trucking company that was once a dominant player in its field, halted operations Sunday and will lay off all 30,000 of its workers.
Yellow Corporation was an American transportation holding company headquartered in Overland Park, Kansas.Its subsidiaries included national less than truckload (LTL) carrier YRC Freight; regional LTL carriers New Penn, Holland, and Reddaway; and freight brokerage HNRY Logistics. [5]
YRC Inc. changed its name to YRC Freight in 2012. [2] In 2023, Yellow files for Chapter 11 bankruptcy and shut down all operations. [ 26 ] Despite Roadway ceasing operations back in 2009, 14 years prior to the bankruptcy filing, Roadway Express was still listed as one of the affiliates in the filing.
Yellow Corp., one of the largest freight companies in the U.S., said it was closing operations and filing for bankruptcy on Monday.
Reimer Express Lines Ltd., which did business as YRC Reimer, was a Canadian less than truckload (LTL) carrier and subsidiary of YRC Worldwide based in Winnipeg, Manitoba. YRC retired the Reimer brand in 2019 merging it with YRC's largest LTL subsidiary, YRC Freight.
Three Yellow Freight terminals in Summit County that were closed after the transportation company collapsed this summer could see new life in 2024.