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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] From 2006 to February 2021, Yellow was known as YRC Worldwide. [6] At 12:00 pm on Sunday, July 30, 2023, the company ceased operations due to financial problems.
Also in 2011, YRC sold Glen Moore to Celadon Trucking leaving only Reddaway, Holland, and New Penn as part of the YRC Regional group. [23] The next year, Reddaway moved its headquarters from Oregon City in Clackamas County to Tualatin, also a suburb of Portland, [ 24 ] and by 2021, the company said it operated 1,500 trucks (including box truck ...
New Penn, also headquartered in Lebanon, and Arnold Transportation, based in Jacksonville, Florida, continued operations as independent subsidiaries of Roadway Corp. [15] As part of the acquisition deal, valued at US$475 million, Arnold Logistics was sold back to its management and the chairman of Arnold Industries for US$105 million following ...
1918: Pennsy stock bottoms at $40¼ (equal to $841.42 today), the lowest since 1877, due largely to Federal railroad control; Emergency freight is routed through New York Penn Station and the Hudson River tunnels by the USRA to relieve congestion; The Pennsy electrifies suburban commuter line to Chestnut Hill, Pennsylvania
This page was last edited on 16 January 2024, at 22:54 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The Penn Central Transportation Company, commonly abbreviated to Penn Central, was an American class I railroad that operated from 1968 to 1976. Penn Central combined three traditional corporate rivals (the Pennsylvania, New York Central and the New York, New Haven and Hartford railroads), all united by large-scale service into the New York metropolitan area and (to a lesser extent) New ...
In July 2018, the New York City Economic Development Corporation announced a $100 million plan called Freight NYC to improve the flow of freight into and out of New York City. [34] [35] The plan's rail component includes: Constructing up to four new transload facilities in Brooklyn and Queens [34] [35] Constructing more passing sidings [34] [35]
The Maybrook Line was a line of the New York, New Haven and Hartford Railroad which connected with its Waterbury Branch in Derby, Connecticut, and its Maybrook Yard in Maybrook, New York, where it interchanged with other carriers. It was the main east-west freight route of the New Haven until its merger with the Penn Central in 1969. [2] [3]
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