A second lot of Yellow’s terminals have found new homes, according to a Wednesday filing in a Delaware bankruptcy court. The latest auction for a portion of the defunct less-than-truckload carrier’s leased properties raked in $83 million across 23 locations.
The first wave, which included 130 terminals — only two of which were leased — fetched nearly $1.9 billion.
Carriers that participated in the first auction again hold winning bids.
The recent auction, which included winning bids from just six...
https://www.freightwaves.com/news/auction-moves-2nd-lot-of-yellow-terminals