yellow-corp
Estes Express Lines and R+L Carriers affiliate Ramar Land Corp. said they will pay US$192.5 million for eight owned properties and four leased terminals from the administrators of Yellow Corp., the bankrupt less-than-truckload carrier.Estes will pay US$142.5 million for seven owned and four leased terminals with a total 939 doors combined, according to Dec. 10 federal bankruptcy court filing.The seven owned properties are in Tracy, California; Fort Wayne and Jefferson, ...
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A U.S. Bankruptcy judge on Dec. 12 approved bankrupt trucking company Yellow Corp to sell 130 of its real estate and shipping centers to 21 buyers for US$1.88 billion.
U.S. Bankruptcy Judge Craig Goldblatt, in approving the sale during a court hearing in Wilmington, Delaware, said the bids were a “tremendous ...
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