Less-than-truckload carrier Saia announced the opening of two terminals in California and Minnesota. The facilities were acquired from bankrupt Yellow Corp.’s estate.
A service center near Anaheim, California, appears to be a location previously leased by Yellow (OTC: YELLQ) while a location in Owatonna, Minnesota, had been owned and operated by the defunct carrier. In total, Saia (NASDAQ: SAIA) acquired 28 owned and leased properties valued at more than $240 million from Yellow.
Saia has already...
https://www.freightwaves.com/news/saia-adds-terminals-in-southern-california-minnesota