Auction for Yellow’s terminals ‘remains ongoing’

Capt. John

An auction for Yellow Corp.’s terminals hasn’t ended yet, a Delaware court filing revealed late Friday.

The auction for the bankrupt company’s less-than-truckload terminals began Tuesday morning, with an expectation that winning bids would be revealed Friday. The court document said it may now be Tuesday (Dec. 5) before the new owners of the service centers are made public.

Yellow operated roughly 300 terminals before it ceased operations at the end of July. Some of its property leases have...

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.