Yellow | Companies that bought some of the terminals

[Puff Driver]

Thanks for posting this. Two outcomes, one good, the other not good. The good? The terminals are fetching much more than originally forecast, which leaves more money to pay creditors, and greatly increases the employees' chances of getting paid in full. The bad? The Amico "going concern" bid seems to be a goner; not going to happen.

Great point, during the tough talk when Line Drivers were stating it was better to shut down than have them work the dock or the "pay the rate or shut the gate" crowd was boasting. I suggested that Yellow may be worth more dead than alive. Looks like that happened.
Unfortunately many of us and many companies are in the same position...

 

[Puff Driver]

Geeze looks like XPO got their money out for this bid, they gotta lot of big ticket properties.

They have some big plans I guess..
or they are interested in being a landlord..

 

[Razorblade]

Estes ended up with Richfield

What does that mean for the West Middlesex terminal?

 

[Slabslayer]

What does that mean for the West Middlesex terminal?

Estes has been out of room and trying to expand in Richfield and the town has denied any plans for any new truck terminals is what I was told the last time I ran through that terminal. I can’t imagine this would change much of anything for West Middlesex.