XPO Inc. Acquires Bensalem Truck Terminal from Yellow Corp. in $36.2 Million Deal
A Bensalem truck terminal is switching ownership from Yellow Corp. to XPO Inc. following a multi-million-dollar purchase, writes Paul Schwedelson for the Philadelphia Business Journal.
Nashville-based freight company Yellow Corp. Sold the 13.3-acre property for $36.2 million amid Yellow Corp.’s Chapter 11 bankruptcy protection, which was filed back in August.
The property on State Road is just one of the 26 other properties sold to Connecticut-based XPO.
The company’s CEO Mario Harik says that this massive acquisition could create more jobs in the region and increase capacity in the freight market.
Read more about the Bensalem truck terminal and XPO Inc.’s acquisition in the Philadelphia Business Journal.
Your freight first | XPO
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