Yellow Corp's Terminals Sold for $4M, Liquidation Nears End
Update: 2025-12-17
Description
Federal court approves sale of Yellow Corporations freight terminals for $4 million, marking another step in the liquidation of the defunct trucking giants assets. Crown Enterprises, a real estate division of Central Transport, acquires Monroe, Louisiana terminal, while real estate investment firms purchase the others. Yellow has generated $2.4 billion from real estate sales and $176 million from equipment sales, with an estimated $600-700 million remaining for outstanding claims. However, MFN Partners, Yellows largest shareholder, challenges the bankruptcy plan and pension settlements.
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