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Duie Buying Holland Terminals Duie Buying Holland Terminals
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Old 05-02-2009, 10:40 PM
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Default Duie Buying Holland Terminals
I heard from a source a few days ago that Duie Pyle bought or is going to buy some of the USF Holland terminals that recently closed. I also heard that they are interested in the ex-Holland terminal in Allentown PA. Has anyone heard the same?
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Old 05-02-2009, 11:57 PM
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I heard from a source a few days ago that Duie Pyle bought or is going to buy some of the USF Holland terminals that recently closed. I also heard that they are interested in the ex-Holland terminal in Allentown PA. Has anyone heard the same?
From what I know they bought three NewPenn terminals in a leaseback deal..Baltimore Maspeth and Newburgh.It is a 10year lease with a 10 year renewal..Nice for a company that was running on empty and had to let go all their dockworkers...
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Old 05-03-2009, 12:20 AM
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Duie better be careful,buying terminals with no freight out there can spell disaster???
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Old 05-03-2009, 08:39 AM
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From what I know they bought three NewPenn terminals in a leaseback deal..Baltimore Maspeth and Newburgh.It is a 10year lease with a 10 year renewal..Nice for a company that was running on empty and had to let go all their dockworkers...
Come on Crazy - I thought they were all rumors started by Sal over at NEMF
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Old 05-03-2009, 09:16 AM
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I drive for Pyle Transport.Steve O'Kane was at our safety meeting last week.He told us that Pyle bought 9 terminals from YRC.Gonna lease them back to YRC.The rent covers the financing costs.Here are the ones I remember.
Newburgh,NY
Portland,ME
Maspeth,NY
Burlington,VT
Altoona,PA
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Old 05-03-2009, 09:46 AM
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Come on Crazy - I thought they were all rumors started by Sal over at NEMF
Trust me,He was behind itbought a lot of stock when the DHL rumors started now he tring to get even
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