A little more info form the story.
By 1963, the company boasted over 2,000 employees; 1,300 vehicles; 26 terminals, and revenues of $33,000,000. Yale Transport served CT,DE,MD,MA,NH,NJ,NY,RI, and the Washington, D.C. area. American Freight Forwarding Co. covered 31 states in the East, Midwest, and South.
Yale filed for bankruptcy and reorganization in May of 1965. F. Ralph Nogg was the court-appointed trustee. He would later become president of Associated Transport of NY.Yale filed Chapter 10 bankruptcy in 1972. Seven yrs later, in July 1979, they would again file for bankruptcy. The 3rd time was the charm, as they say, as this would be the end of Yale. They had liabilities of $4.7 million, and assets of $1.5 million.
Yale used mostly B Model Macks in the road fleet with White 1500TD Compacts in the city fleet in the ealry 60s. The Macks had 170/180 hp Thermodyne engines and 10 spd Duplex transmissions. In later years, tandem axle White 9000s were in the fleet as well. A cool pic in the article I'm reading shows a White 9000 with a big "Y" painted on the radiator shutters.