Knight-Swift, A. Duie Pyle, TFI Buy Ex-Yellow Terminals

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Three carriers bought a total of seven former Yellow Corp. terminals in private deals from the bankrupt less-than-truckload carrier’s administrators as each sought to bolster its LTL operations, according to court filings.

Yellow’s administrators concluded deals with Knight-Swift Transportation, A. Duie Pyle and TFI International for leased terminals outside of the ongoing auction of the remaining real estate of what was the third-largest LTL player before its 2023 demise.

Knight-Swift paid $9.9 million for the Downey, Santa Maria and San Diego, Calif., and Roanoke, Va., facilities, while Pyle paid $4.5 million for terminals in Bowling Green, Ohio, and Charleston, W.Va. TFI paid $700,000 for a terminal in Fayetteville, N.C.

Court approval of the deals was sought Feb. 11.

A total of 47 owned terminals and 65 leased properties with more than 3,100 and 4,000 doors, respectively, were set to be on offer in the third auction of facilities, but Knight-Swift, Pyle and TFI join Estes Express Lines, an affiliate of R+L Carriers and Central Transport International in jumping the queue.

Estes and Ramar Land Corp. purchased 12 terminals for a combined $192.5 million in stand-a…