A Pittsburgh-based trucking company has purchased a freight terminal in Oak Creek, formerly occupied by the now-bankrupt freight and logistics company
Yellow Corp.
The 57-acre property at 700 E. Rawson Ave., about two miles south of Milwaukee Mitchell International Airport, was bought by an affiliate of Pitt Ohio for $19.3 million, according to state records.
Founded in 1979, Pitt Ohio services the Mid-Atlantic, Midwest and Northeast regions of the country and has 3,500 employees.
The company has 25 terminals nationally, but this will be the company’s first terminal in Wisconsin. It’s nearest terminal is in the Chicago region.
The Rawson Avenue terminal has been inactive since July, just before Nashville-based Yellow Corp. filed for bankruptcy in August. The company had been running the Oak Creek facility through its subsidiary YRC Enterprise Services, Inc.
That closure displaced 85 workers, according to a WARN notice filed at the time.
In December, a Delaware judge approved the sale of 128 freight terminals owned by Yellow Corp., according to a report form Transport Topics.
Pitt Ohio did not immediately respond to request for comment on the acquisition.
