Old Dominion Freight Line to assume outbound shipments for bankrupt competitor

Old Dominion Freight Line (Nasdaq: ODFL) of Thomasville has arranged to assist customers of another less-than-truckload (LTL) logistics company that is ceasing operations after 77 years. Family-owned Beaver Express Services of Woodward, Oklahoma, announced that a variety of market conditions exacerbated by coronavirus is forcing the company out of business, Yahoo Finance reported.

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