California-based Matheson Trucking, a major USPS contractor known for its adoption of CNG-powered tractors, will be closing their doors, after filing for bankruptcy protection in 2022.
Yellow Terminals Sold for $1.9 Billion in Bankruptcy Auction
XPO, Estes Express Lines, and Saia were among less-than-truckload companies that purchased Yellow terminals during a recent court-supervised auction following the company’s bankruptcy. About 75% of Yellow’s properties will be sold, for nearly $1.9 billion.
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