Transport Topics (Aug. 18, 2023)

An episode of the Transport Topics podcast, hosted by Transport Topics, titled "Transport Topics (Aug. 18, 2023)" was published on August 18, 2023 and runs 3 minutes.

August 18, 2023 ·3m · Transport Topics

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Summary

Estes Express Lines is first in line to buy the terminals, tractors and trailers of bankrupt less-than-truckload rival Yellow Corp. after agreeing to submit a $1.3 billion stalking horse bid, a court heard Aug. 17. Richmond-Va.-based Estes will not, however, provide a $230 million loan to Yellow, as was under discussion the last time the U.S. Bankruptcy Court–District of Delaware heard from lawyers representing Yellow, its shareholders and creditors on Aug. 11. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episode Description

Estes Express Lines is first in line to buy the terminals, tractors and trailers of bankrupt less-than-truckload rival Yellow Corp. after agreeing to submit a $1.3 billion stalking horse bid, a court heard Aug. 17. Richmond-Va.-based Estes will not, however, provide a $230 million loan to Yellow, as was under discussion the last time the U.S. Bankruptcy Court–District of Delaware heard from lawyers representing Yellow, its shareholders and creditors on Aug. 11. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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