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.
貨運公司XPO Inc（紐約證券交易所代碼：XPO）表示，美國特拉華特區破產法院已批准該公司收購以前由Yellow Corporation運營的28個服務中心的提議。
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將收購26個服務中心，並承擔其他兩個地點的現有租約。該交易預計將於2023年底完成。
Related: Transportation & Logistics Company XPO Wins Bid To Acquire 28 Service Centers Of Bankrupt Yellow Corp., Sees EPS Accretion
相關: 運輸和物流公司XPO贏得收購破產的Yellow Corp. 28個服務中心的競標，看到每股收益增長
"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.
首席執行官馬里奧·哈里克說：“這次收購房地產是千載難逢的機會，可以提高關鍵的、不斷增長的貨運市場的運力，創造更多就業機會，更有效地爲客戶提供服務。”
"We look forward to integrating these prime sites to enhance network efficiency and drive our next decade of growth."
“我們期待整合這些主要站點，以提高網絡效率並推動我們未來十年的增長。”
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.
預計此次收購將在包括亞特蘭大、布魯克林、哥倫布、格林斯伯勒、休斯頓、印第安納波利斯、拉斯維加斯、明尼阿波利斯、明尼阿波利斯、納什維爾、波特蘭和賓夕法尼亞州中部在內的快速增長的貨運市場中擴大XPO的全國網絡。
Trucking company Yellow Corp filed for bankruptcy in August under Chapter 11 of the U.S. Bankruptcy Code.
卡車運輸公司Yellow Corp於8月根據《美國破產法》第11章申請破產。
Price Action: XPO shares closed higher by 3.12% at $84.71 on Tuesday.
價格走勢：XPO股價週二收盤上漲3.12％，至84.71美元。
