Big news for trucking! Yellow, a big trucking company, went out of business. Now, other companies are buying up Yellow's buildings and land. This is called an acquisition. It's like buying someone's old house and using it for your own business!
- ArcBest bought two more places from Yellow.
- One place is near Denver, the other near Seattle.
- ArcBest already bought four other places from Yellow.
- Many other trucking companies are buying Yellow's old stuff too.
Item | Number |
---|---|
Total cost of ArcBest's two new buildings | $11.5 million |
Number of Yellow's terminals already sold | 200 |
Total value of sold terminals | $2.25 billion |
Yellow still has lots more buildings to sell. This shows how big the trucking business is and how quickly things can change!