YRC

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.

Name

YRC

Legal name

Yellow Corporation

Website

https://yrcfreight.com

Company type

Private

Founded year

1924

Operating status

Closed

Headcount range

10,001+ 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

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 industry

PRIMARYTLADAEAA

National/Regional LTL General Freight Carriers

Transportation & Logistics/Freight Transportation (Air, Maritime, Rail, Trucking)/Less-Than-Truckload (LTL) Motor Carriers

SECONDARYTLADAEAC

Interregional/Long-Haul LTL Network Carriers

Transportation & Logistics/Freight Transportation (Air, Maritime, Rail, Trucking)/Less-Than-Truckload (LTL) Motor Carriers

SECONDARYTLADAEAB

Regional Next-Day LTL Carriers

Transportation & Logistics/Freight Transportation (Air, Maritime, Rail, Trucking)/Less-Than-Truckload (LTL) Motor Carriers

Keywords

• Less-than-truckload shipping
• Freight transportation
• Regional LTL carriers
• Logistics services
• Freight shipping

Headquarters

HQ city

Overland Park

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. 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

Core 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.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• Ritchie Bros.minorOthers · 6 August 2023Ritchie 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, LLCminorOthers · 6 August 2023Nations 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

Broad 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

• LinkedInlinkedin.com/company/yrc-freight-inc

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about YRC