Company Research Report: Yellow Corporation
Company Overview
- Name: Yellow Corporation
- Mission of the Company: No information is available.
- Founded: Nearly 100 years ago. Specific founding date and founder(s) are not detailed in the available information.
- Key People in the Company: No information is available.
- Headquarters: No information is available.
- Number of Employees: No information is available.
- Revenue of the Company: No information is available.
- Known For: Yellow Corporation is known for its operations in freight and logistics services, encompassing subsidiaries such as YRC Inc. (d/b/a YRC Freight), USF Holland, USF Reddaway, New Penn Motor Express, YRC Enterprise Services, and Yellow Logistic.
Products
- Products Offered:
- The company’s inventory includes a wide range of logistical vehicles and equipment.
- High-level Description of the Product:
- The inventory consists of van & reefer trailers, flatbed trucks, truck tractors, van trucks, dollies, forklifts, storage containers, pickups, utility trucks, cab & chassis, and mobile offices.
- Key Features of Each of the Products:
- No specific key features for each product are detailed in the available information.
Recent Developments
- Recent Developments in the Company:
- On August 6, 2023, Yellow Corporation and certain affiliates filed voluntary petitions for relief under Chapter 11 of Title 11 of the U.S. Bankruptcy Code.
- New Products Launched: No information is available.
- New Features Added to Existing Products: No information is available.
- New Partnerships: No information is available.
Additional Information
- End of Operations:
- It is announced, with profound disappointment, that after nearly 100 years of business, Yellow Corporation has ceased operations.
- Auction of Assets:
- Ritchie Bros. and Nations Capital, LLC are managing the sale of Yellow Corp.’s rolling stock assets, encompassing a vast inventory of logistical equipment spread across the United States and Canada.
- Legal and Administrative Access:
- Access to certain investor-specific and press release pages was restricted, as noted by permission denial messages.
The information detailed above provides a comprehensive overview based on the available data. The absence of certain specifics is acknowledged within each relevant section.