tanktransport.com
www.fleetowner.com
Try buying a car for a dollar someone convinced a chatbot AI on a dealership website to sell him a new Tahoe for a dollar!
He did want that with wheels, engine and transmission, right??
(again) The details on Tank Transport's article came out in the first week of November - well before both of Yellow's first two property auction sales in late Nov and mid Dec. Notice how, without blinking an eye, Estes has since purchased a combined 29 properties for a total of $284M. They are VERY aware of just how valuable the real estate locations are, regardless of deferred maintenance and other site issues - and it clearly didn't stop a thing! Be careful of your source.The $27 Million Repair Rift: Estes vs. Yellow Corp – Shocking...
Uncover the intense legal battle in 'Estes vs. Yellow Corp' as Estes Express Lines alleges severe neglect of leased terminals by bankrupt Yellow Corp, leading to significant repair costs and industry-wide implications
They're worth so much, it doesn't matter. And the accepted sale bids/contracts are FINAL. The high majority of Yellow's former real estate is a gold mine to the trucking (especially LTL) industry.
The land may have value. The buildings aren't worth very much. It is nothing more than old concrete and wornout sheet metal. Trucking isn't a gold mine industry. It is a steady necessary industry. There are only a few transportation companies that the average person has heard of, and ltl isn't on any list.
Hell don’t worry, Estes doesn’t fix potholes in their own yards (well, except for mine, our TM got ours paved a couple of months back) so they’ll fit right in.
Exactly. Who knows what environmental toxic crap has been dumped on those properties over the years.
We need more microbes in the soil to digest that stuff and make it harmless.
