Old Dominion Ups Ante With $1.5BN Bid On Yellow’s Terminals As Bidding War Heats Up

By Todd Maiden of FreightWaves Less-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 […] Source