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Old Dominion Freight Line purchases UW Freight Line
By Lance Orr
Old Dominion Freight Line signed an agreement Jan. 17 to purchase UW Freight Line, a LTL carrier based in Salt Lake City, Utah.
UW Freight operates 18 service centers and one inland port in five states and has one service center under construction. Old Dominion expects to complete the transaction, which includes the purchase of accounts receivables, all revenue equipment, office equipment, information systems, all service centers owned and under construction and the corporate office, by the end of January.
As a result of the purchase, Old Dominion plans to expand its network of 154 service centers with 16 of UW’s service centers, including the service center under construction, and to consolidate the operations of the remaining three with Old Dominion’s existing service centers.
The new service centers would increase Old Dominion's geographic coverage to 46 states. It also will enable Old Dominion to launch full-state coverage in Colorado, Idaho, Nevada and Utah, for a total of 37 states with full coverage.
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