Saturday, April 07, 2012
YRC Worldwide Reviewing Bids for Terminals
YRC Worldwide received “multiple bids” for more than 60 facilities put up for sale via a sealed-bid auction and is analyzing those offers, a company spokesperson said.
No final decisions have been made on the properties, which are mostly vacant. YRC Worldwide and NRC Realty & Capital Advisors launched the auction in January.
The deadline for bids on the properties, ranging from a six-door facility in Temple, Texas to a 349-door cross-dock complex in Kernersville, N.C., was March 29.
Altogether, the terminals and offices for sale represent plenty of capacity for less-than-truckload carriers looking to expand, about 2,300 dock doors in total. Full Story...........