Knight-Swift Transportation Holdings agreed to buy another four terminals from bankrupt Yellow Corp. for $9.9 million last month, according to court documents.
The proposed acquisitions add a combined 170 terminal doors to Knight-Swift’s growing LTL network in San Diego, Santa Maria and Downey, California, and Roanoke, Virginia. A bankruptcy judge approved the deal Friday.
The property at 11937 Regentview Ave. in Downey is the largest of Knight-Swift’s most recent batch of Yellow terminal purchases. It boasts 71 doors and 31,000 square feet on 6.5 acres of land.
The service center at 9525 Padgett St. in San Diego features 49 doors and 17,000 square feet on a 5.5 acres of land, according to previously filed court documents.
The 4,100-square-foot site at 223 East Roemer Way in Santa Maria has 16 doors on 3.1 acres of land.
The Roanoke terminal at 1665 Seibel Dr. Northeast has 34 doors and 8,800 square feet on 5 acres of land.
Knight-Swift is building out a nationwide LTL network for recently acquired subsidiaries AAA Cooper Transportation, Midwest Motor Express and Dependable Highway Express. It is still hoping to expand in the Northeast to fill out the primary gap in its footprint.
Yellow terminals have supplemented Knight-Swift’s carrier acquisitions as it aims to offer national LTL service by next year. The nation’s largest truckload carrier previously acquired 13 other Yellow properties and another dozen of the carrier’s leases.
