The current property owner or leasee. Yellow isn't on the hook for anything, all the creditors are.Wonder who's on the hook for security, Pyle or Yellow ?
The current property owner or leasee. Yellow isn't on the hook for anything, all the creditors are.Wonder who's on the hook for security, Pyle or Yellow ?
They said all equipment must be off the property by 4/25 or soonerThe current property owner or leasee. Yellow isn't on the hook for anything, all the creditors are.
...and if it wasn't? Whose property is it currently?They said all equipment must be off the property by 4/25 or sooner
...and if it wasn't? Whose property is it currently?
They’ve been running them between Walmarts Mississauga Dc and Cornwall Dc for over a year now. Canadian Tire has about 20 60 foot containers they load for rail to Alberta and back to Brampton. They are legal under very specific permits to those companies.Not legal here.
This sounds pretty much what a friend of mines told me. He's in management over at Pyle in the Bronx. He's predicted a late April/May date for them to open up the old New Penn Maspeth yard. I pass thru the area constantly and have noticed old equipment being moved out. There's progressThe estate is still in the process of selling an additional 30 to 40 owned properties and unloading 78 terminal leases, which could fetch “hundreds of millions of dollars.” It is terminating leases on approximately 40 other locations.Yellow gets favored venue for hearing on $7.8B in pension liability claims
A Delaware bankruptcy court overseeing Yellow’s liquidation said Wednesday it will hear the case regarding nearly $8 billion in pension withdrawal liability claims against the estate.www.freightwaves.com
the above wording(it is terminating leases on approximately 40 other locations.) was at the end of this article, Pyle said we took control of the property we own last week and have to give 30 days to get equipment out. 39 other property owners that bought and leased back terminals to YRC also got their properties back.
Thanks.They’ve been running them between Walmarts Mississauga Dc and Cornwall Dc for over a year now. Canadian Tire has about 20 60 foot containers they load for rail to Alberta and back to Brampton. They are legal under very specific permits to those companies.
Intra Texas allows 59' trailers for a couple of years now. I think OK is 59'-6" on certain routesThey’ve been running them between Walmarts Mississauga Dc and Cornwall Dc for over a year now. Canadian Tire has about 20 60 foot containers they load for rail to Alberta and back to Brampton. They are legal under very specific permits to those companies.