The bankruptcy of Yellow has devastated many truck drivers who are left without employment. Getting these drivers behind the wheel again should be the industry’s #1 priority.

In the meantime, however, the assets of Yellow are being sold off, and its terminals are causing a bidding war.

Trucking company Old Dominion offered a whopping $1.5 billion for the real estate purchase of Yellow’s terminals. This sum is expected to lead the bidding and set a baseline for Yellow’s properties. Previously, Estes Express Lines had offered $1.3 billion.

A vast web of terminals would be especially valuable for a large trucking company, allowing freight to be transferred easily between an expansive network of logistics.

Because Yellow has been around for so long as a hundred-year-old company, other trucking companies cannot simply build up a comparable network of terminals overnight.

Even if each and every terminal isn’t used and is later sold off, the total sum of properties represents a massive value. Is it worth $1.5 billion though? We’ll find out as bankruptcy proceedings continue.