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Tfi International

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business2 years ago

Multiple Companies Acquire Former Yellow Terminals in Major Deals

TForce, the parent company of TForce Properties, has acquired two former Yellow Corp terminals in Sacramento, California, and Lexington, Kentucky, for a total of US$15.9 million. The auction of Yellow Corp's properties saw a total of 128 owned properties and two leased properties sold for a combined sum of US$1.9 billion, with XPO being the largest bidder. Other successful bidders included Estes Express Lines, Saia Motor Freight, Knight-Swift, and ArcBest.