Less-than-truckload carrier Estes said Monday it will start opening terminals it has acquired from defunct Yellow Corp. as part of a “national expansion.”
The carrier acquired 24 service centers for $249 million at Yellow’s (OTC: YELLQ) first auction, which concluded in early December. It picked up five leased properties for $35 million at a second auction a couple of weeks later.
A more than $1.5 billion stalking horse bid from the company in September set the minimum valuation for Yellow’s real...
https://www.freightwaves.com/news/estes-to-open-at-least-20-terminals-this-year