Yellow may create REIT to manage remaining portfolio of truck terminals

By bhhsbowen September 4, 2024 CoStar News 0 comments

If Yellow Corp. receives bankruptcy court approval, it may establish a real estate investment trust that would control dozens of truck terminals in the U.S. and Canada, including this one near Grand Rapids, Michigan. (CoStar)
REIT proposal requires approval from bankruptcy court judge in trucking company’s Chapter 11 case