YRC
Yellow Corporation (YRC) was a North American less-than-truckload freight carrier serving B2B shippers across 300+ US and Canada terminals via sub-brands YRC Freight, Holland, Reddaway, New Penn, and Yellow Logistics. Operations ceased after its August 2023 Chapter 11 filing.
- Company typePrivate
- Founded1924
- HeadquartersOverland Park, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What YRC does
Yellow Corporation (YRC) was a North American less-than-truckload (LTL) freight transportation company headquartered in Overland Park, Kansas, with operational roots tracing to approximately 1924. The company served business-to-business freight shippers across regional and national routes in the United States and Canada, operating through a network of more than 300 terminal locations under multiple coordinated sub-brands: YRC Freight (national long-haul LTL), New Penn (Northeast), Holland (Midwest/Southeast), Reddaway (Western US/Pacific Northwest), and Yellow Logistics (warehousing and integrated logistics services). Customer-facing shipping tools provided tracking, document, invoice, claim, and reporting functionality through dedicated portals for each sub-brand.
The underlying business model was transactional freight transportation, with revenue generated through shipping fees on a quote-based pricing structure that depended on shipment weight, dimensions, distance, and service level. Go-to-market was an enterprise field sales motion anchored on the 300+ terminal footprint, with direct shipping tools accessible via company websites. The product stack was operational rather than technology-differentiated: trucks, trailers, terminal infrastructure, and routing systems with no disclosed proprietary software platform, AI/ML capabilities, or technical moat documented in the available data.
Yellow Corporation ceased operations after nearly 100 years of business, filing voluntary Chapter 11 petitions on August 6, 2023, alongside its affiliates YRC Freight, USF Holland, USF Reddaway, New Penn Motor Express, YRC Enterprise Services, and Yellow Logistics. The corporate website now functions as a wind-down portal, with rolling stock assets being liquidated through Ritchie Bros. and Nations Capital, LLC across the US and Canada. As of the input data, the company is closed and its assets are in structured liquidation.
YRC firmographics
Firmographics- Name
- YRC
- Legal name
- Yellow Corporation
- Website
- https://yrcfreight.com
- Company type
- Private
- Founded year
- 1924
- Operating status
- Closed
- Headcount range
- 5,001–10,000 employees
- Short description
- Yellow Corporation (YRC) was a North American less-than-truckload freight carrier serving B2B shippers across 300+ US and Canada terminals via sub-brands YRC Freight, Holland, Reddaway, New Penn, and Yellow Logistics. Operations ceased after its August 2023 Chapter 11 filing.
- Ownership category
- akta.pro rank
YRC industry classification
Industry- Product category
- Less-Than-Truckload (LTL) Freight Transportation
- NAICS
- General Freight Trucking, Long-Distance (48412), Freight Transportation Arrangement (48851), Freight Transportation Arrangement (488510)
- SIC
- Trucking & Courier Services (No Air) (4210), Trucking (No Local) (4213), Arrangement Of Transportation Of Freight & Cargo (4731)
- akta.pro primary industry
- National/Regional LTL General Freight Carriers (TLADAEAA)
- akta.pro secondary industries
- Interregional/Long-Haul LTL Network Carriers (TLADAEAC), Regional Next-Day LTL Carriers (TLADAEAB)
Keywords
Where YRC is headquartered
LocationHeadquarters
- HQ city
- Overland Park
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
YRC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Freight Transportation Services: YRC Freight operated as a Less Than Truckload (LTL) carrier providing regional freight shipping services. Revenue was generated through transportation fees for freight services. The company also maintained Yellow Logistics for logistics services.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels1 record
YRC product offering
Product offeringCore offering
YRC (Yellow Corporation) operated as a Less Than Truckload (LTL) freight transportation carrier, providing regional and long-haul LTL shipping services across the United States and Canada through subsidiary brands YRC Freight, New Penn, Holland, and Reddaway. The company also offered logistics, warehousing, and supply chain management services via Yellow Logistics, supported by a network of more than 300 terminal locations. The company ceased operations following its Chapter 11 filing on August 6, 2023.
Product overview
YRC (Yellow Corporation) was a less-than-truckload (LTL) freight transportation company operating a unified network of regional carriers. The company ceased operations in August 2023. The core product portfolio consisted of YRC Freight (long-haul LTL) supported by four regional sub-brands: New Penn (Northeast), Holland (Midwest/Southeast), Reddaway (Western US/Pacific Northwest), and Yellow Logistics (warehousing and distribution). All five entities shared a combined network infrastructure and operated as interconnected brands under one corporate umbrella, enabling customers to access tracking, documents, invoices, claims, and reporting through unified shipping portals.
Differentiator
Problem solved
Functional benefit
Brands
- YRC: Primary freight transportation brand and shipping tool for tracking, documents, invoices, claims and reporting.
- New Penn
- Holland
- Reddaway
- Yellow Logistics
Products and services
- YRC Freight National long-haul Less Than Truckload (LTL) freight transportation service for businesses shipping across the United States, supported by the company's primary shipping portal for tracking, documents, invoices, claims, and reporting.
- New Penn Regional motor carrier offering expedited and standard LTL shipping services in the Northeastern United States and Canada.
- Holland Regional motor carrier providing LTL shipping services in the Midwest and Southeast regions of the United States.
- Reddaway Regional motor carrier offering LTL shipping services in the Western United States and Pacific Northwest.
- Yellow Logistics Logistics and supply chain management services offering warehousing, distribution, and integrated logistics solutions for business customers.
Companies that use YRC
Customer profileSegments1 record
Ideal customer profiles1 record
YRC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
YRC partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- Ritchie Bros.minorRitchie Bros. is managing the sale of Yellow Corp.'s rolling stock assets including large quantities of van & reefer trailers, flatbed trucks, truck tractors, van trucks, dollies, forklifts, storage containers, pickups, utility trucks, cab & chassis, and mobile offices located across the United States and Canada at over 300 terminal locations and RB Global facilities.
- Nations Capital, LLCminorNations Capital, LLC is co-managing the sale of Yellow Corp.'s rolling stock assets alongside Ritchie Bros. The inventory consists of large quantities of trailers, trucks, tractors, and other equipment across US and Canada locations.
Scale indicators3 records
Recent moves6 records
Expansion highlights1 record
YRC competitors and assessment
Company assessmentBroad incumbents
- Knight-Swift Transportation: Largest truckload carrier in North America with growing LTL exposure via its 2021 AAA Cooper and 2022 U.S. Xpress acquisitions. A broad incumbent in the freight transportation space that has absorbed market share vacated by YRC.
Direct peers
- TForce Freight (TFI International): Acquired UPS Freight in 2021 and operates as one of the largest U.S. LTL carriers, directly filling capacity that YRC vacated during its 2023 collapse.
- XPO: Major North American LTL carrier following the spin-off of its brokerage and contract logistics units. Competes head-to-head with YRC Freight in long-haul LTL and offers overlapping regional service.
- R+L Carriers: Large privately held LTL and truckload carrier with national reach. Closely comparable to YRC in multi-brand regional structure and B2B freight customer base.
- Estes Express Lines: Privately held LTL carrier with extensive terminal coverage in the eastern and central U.S. — a direct parallel to YRC's regional brand strategy and operating model.
- Southeastern Freight Lines: Privately held regional LTL carrier serving the Southeast and Midwest U.S. — overlapping directly with Holland's Midwest/Southeast footprint.
- Saia Inc. Publicly traded LTL carrier serving the U.S. with a terminal network model directly comparable to YRC's regional brands (Holland, New Penn, Reddaway).
- ArcBest Corporation: Parent of ABF Freight, one of the longest-operating LTL networks in the U.S. Competes with YRC on national LTL lanes and asset-based freight services.
- Old Dominion Freight Line: The largest less-than-truckload motor carrier in the United States, operating a national LTL network. Direct competitor to YRC Freight and the regional YRC brands with similar terminal-based pickup-and-delivery service.
Emerging players
- Averitt Express: LTL, truckload, and logistics provider with regional density in the Southeast and expanding national capability — partial competitor to YRC's regional brands.
Market position
Strengths2 records
Weaknesses3 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
YRC social profiles
Digital presenceYRC financial estimates
Financial estimateRevenue estimate
Valuation estimate
YRC leadership team
Management profileNumber of profiles
YRC subsidiaries and ownership
Company hierarchySubsidiaries6 records
YRC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
YRC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about YRC
What does YRC do?
YRC (Yellow Corporation) operated as a Less Than Truckload (LTL) freight transportation carrier, providing regional and long-haul LTL shipping services across the United States and Canada through subsidiary brands YRC Freight, New Penn, Holland, and Reddaway. The company also offered logistics, warehousing, and supply chain management services via Yellow Logistics, supported by a network of more than 300 terminal locations. The company ceased operations following its Chapter 11 filing on August 6, 2023.
Is YRC a public or private company?
YRC is a private company. It is classified as unknown and is currently closed.
When was YRC founded?
YRC was founded in 1924. It employs 5,001 to 10,000 people.
Where is YRC based?
YRC is headquartered in Overland Park, United States, in the North America region.
How does YRC make money?
One revenue line is on record: freight Transportation Services.
Who are YRC's main competitors?
Knight-Swift Transportation is listed as a broad incumbent. Direct peers are TForce Freight (TFI International), XPO, R+L Carriers, Estes Express Lines, Southeastern Freight Lines, Saia Inc., ArcBest Corporation and Old Dominion Freight Line. Averitt Express is listed as an emerging player.
Does YRC have an API?
No public API is recorded for YRC.
What industry is YRC in?
YRC's product category is Less-Than-Truckload (LTL) Freight Transportation. Its primary akta.pro industry code is TLADAEAA, National/Regional LTL General Freight Carriers, with a secondary code of TLADAEAC, Interregional/Long-Haul LTL Network Carriers. Its NAICS code is 48412 and its SIC code is 4210.