Estes was not immediately available for comment Dec. Still, Richmond, Va.-based Estes landed the second-largest number of terminals in the auction, securing 24 owned terminals for a combined $248.72 million. The overall price paid for these terminals tops by 19% a $1.525 billion stalking horse bid for the company’s terminals previously submitted by Estes Express Lines, with a number of major Yellow terminals remaining on the sales block. Here are the 28 locations where XPO stands to gain terminals from the Yellow property auction:Īnother 46 owned properties remain to be sold in the auction, which is ongoing, the administrators said.
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