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Bankrupt trucking co. Yellow approved for $1.88 billion real estate sale By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Yellow Corp. trailers sit idle at a YRC delivery facility in North Studying, Massachusetts, U.S., August 16, 2023. REUTERS/Brian Snyder/File Picture By Dietrich Knauth NEW YORK (Reuters) – Bankrupt trucking firm Yellow (OTC:) Corp obtained courtroom approval on Tuesday to promote most of its delivery facilities and owned actual property to…

Palo Alto Networks maintains sales outlook, raises EPS forecast despite billings cut

Trucking firm XPO to buy bankrupt Yellow’s service centers for $870 million By Reuters – Canada Boosts

Shiwali Sharma8 months ago8 months ago03 mins

© Reuters. (Reuters) – Trucking firm XPO Inc received a bid to purchase 28 service facilities of bankrupt Yellow (OTC:) Corp for $870 million in a intently watched public sale of the almost 100-year-old agency’s property. XPO shares had been down 3.8% in morning commerce amid weak point in broader markets. Yellow, previously often known…