Freight Operator XPO Wins Bankruptcy Court Approval To Acquire 28 Yellow Service Centers
Freight Operator XPO Wins Bankruptcy Court Approval To Acquire 28 Yellow Service Centers
"This acquisition of real estate is a once-in-a-generation opportunity to increase capacity in critical, growing freight markets, create more jobs and serve our customers even more effectively," said CEO Mario Harik.Freight transportation company XPO Inc (NYSE:XPO) said the U.S. Bankruptcy Court for the District of Delaware has approved the company's offer to acquire 28 service center locations previously operated by Yellow Corporation.
货运公司XPO Inc（纽约证券交易所代码：XPO）表示，美国特拉华特区破产法院已批准该公司收购以前由Yellow Corporation运营的28个服务中心的提议。
XPO will acquire 26 service centers and assume existing leases for the other two locations. The transaction is expected to close by the end of 2023.
XPO将收购26个服务中心，并承担其他两个地点的现有租约。该交易预计将于2023年底完成。
Related: Transportation & Logistics Company XPO Wins Bid To Acquire 28 Service Centers Of Bankrupt Yellow Corp., Sees EPS Accretion
相关: 运输和物流公司XPO赢得收购破产的Yellow Corp. 28个服务中心的竞标，看到每股收益增长
"This acquisition of real estate is a once-in-a-generation opportunity to increase capacity in critical, growing freight markets, create more jobs and serve our customers even more effectively," said CEO Mario Harik.
首席执行官马里奥·哈里克说：“这次收购房地产是千载难逢的机会，可以提高关键的、不断增长的货运市场的运力，创造更多就业机会，更有效地为客户提供服务。”
"We look forward to integrating these prime sites to enhance network efficiency and drive our next decade of growth."
“我们期待整合这些主要站点，以提高网络效率并推动我们未来十年的增长。”
The acquisition is expected to boost XPO's national network with prime real estate in fast-growing freight markets, including Atlanta, Brooklyn, Columbus, Greensboro, Houston, Indianapolis, Las Vegas, Minneapolis, Nashville, Portland and Central Pennsylvania.
预计此次收购将在包括亚特兰大、布鲁克林、哥伦布、格林斯伯勒、休斯顿、印第安纳波利斯、拉斯维加斯、明尼阿波利斯、明尼阿波利斯、纳什维尔、波特兰和宾夕法尼亚州中部在内的快速增长的货运市场中扩大XPO的全国网络。
Trucking company Yellow Corp filed for bankruptcy in August under Chapter 11 of the U.S. Bankruptcy Code.
卡车运输公司Yellow Corp于8月根据《美国破产法》第11章申请破产。
Price Action: XPO shares closed higher by 3.12% at $84.71 on Tuesday.
价格走势：XPO股价周二收盘上涨3.12％，至84.71美元。