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Old Dominion ups ante with $1.5B bid on Yellow’s terminalsLTL carrier’s offer exceeds previous $1.3B Estes bidTodd Maiden Saturday, August 19, 2023Less-than-truckload carrier Old Dominion Freight Line entered a $1.5 billion bid for Yellow Corp.’s terminals, according to a Friday filing in a Delaware bankruptcy court. The new offer exceeds the $1.3 billion bid from LTL peer Estes Express Lines, which was revealed at a Thursday status update.The offer for the 166-terminal portfolio is a stalking …

Yellow fallout apparent in Saia’s August numbersLTL carrier reports 13% y/y jump in shipmentsLess-than-truckload freight flows continue to be redistributed following the shutdown of carrier Yellow Corp. Saia Inc. said Tuesday after the market closed that shipments per day were up 13% year over year (y/y) through the first two weeks of August.The update followed a 6% y/y increase in shipments during July, the first month in which Yellow’s (NASDAQ: YELL) troubles resulted in a material diversion o …

SEMA/AAPEX Las Vegas 2018 …