New $1.525 Billion Bid Revs Up Yellow’s Blockbuster Bankruptcy
Yellow is lobbying hard for the favorable terms included in the new bid Estes Express Lines offered for the LTL's 166 terminals.
View ArticleYellow Gets Go Ahead to Auction Off Real Estate, Vehicles
Bids for the trucking company's trailers are due Oct. 13 and terminal bids will be due Nov. 9.
View ArticleTeamsters Call for Bankruptcy Reform as Estes Wins Yellow Stalking Horse Bid
Estes Express Lines’ $1.525 billion bid sets the floor price for Yellow’s roughly 170 terminals for a potential bankruptcy auction.
View ArticleYellow-Teamsters Lawsuit Won’t Head to Bankruptcy Court
The less-than-truckload company extended both the bidding and auction deadlines for its trucks and trailers.
View ArticleBankrupt Slync Has ‘Several’ Parties Interested in IP Asset Auction
Core apps such as Intelligent Carrier Management, Ocean Booking 360, Inventory in Motion and Air Freight Management are up for grabs.
View ArticleYellow’s Fate Remains Unclear After Rescue Bid
Sarah Riggs Amico, executive chair of auto hauler Jack Cooper, reportedly submitted an offer for Yellow during its bankruptcy auction.
View ArticleBandier Hopes Buyer Will Save it From Bankruptcy
The cult-favorite brand worn by Bella Hadid and Jennifer Aniston retained a specialist to liquidate its assets.
View ArticleYellow Rivals Purchase Properties at Bankruptcy Auction
XPO acquired 28 of the defunct trucking company's service centers for $870 million.
View Article‘Tremendous Outcome’: Yellow Gets Court Nod to Sell 130 Assets
The bankrupt behemoth still hopes to secure buyers for the 46 owned and 147 leased terminals remaining in its possession.
View ArticleTrucking Titan TFI Makes $1.1 Billion Deal as Yellow Offloads More Terminals
TForce Freight parent TFI International will pony up $386 million in cash as part of the deal for heavy-haul trucking firm Daseke.
View ArticleSlync’s IP, Tech Assets Acquired Out of Bankruptcy
The logistics orchestration technology will get a second wind under supply chain consulting and solutions provider Bluspark.
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