Old Dominion Freight Line To Grow In Northern DelawareÂ
The North American LTL motor carrier will invest more than $13.6 million to establish a new service center in Northern Delaware. BF Staff
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Old Dominion Freight Line To Grow In DelawareÂ
The North American LTL motor carrier will invest more than $13.6 million to establish a new service center in Northern Delaware.
May 25, 2021
Old Dominion Freight Line To Grow In Northern DelawareÂ
One of the largest less-than-truckload (LTL) motor carriers in North America has chosen to grow its operations in Delaware. North Carolina-based Old Dominion Freight Line will invest more than $13.6 million in a new 40,000- to 50,000-square-foot service center in Northern Delaware.
Delaware Business Now
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The State of Delaware offers a nearly $400,000 incentive package for a freight carrier seeking to expand operations in Northern Delaware.
North Carolina-based Old Dominion Freight Line invests more than $13.6 million in a new 40,000 to the 50,000-square-foot service center in Northern Delaware.
Old Dominion Freight Line is one of the nation’s largest less than truckload carriers and operates terminals throughout the nation.
It is one of the survivors of deregulation of the trucking industry that was once characterized by a large number of regional carriers and a smaller number of national haulers. Old Dominion expanded nationwide and snapped up regional motor freight carriers in building its national footprint.
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The Council on Development Finance (CDF) has approved funding for three projects – two companies expanding in Wilmington and a company expanding in Bear – presented by Delaware Property Partnership (DPP) and its respective partners.
Expanding its operations in Wilmington is Eastern Highway Specialists, and expanding to Wilmington from New Jersey is Advantage Building Supply. Coming to Bear with its expansion is AWSM Solutions Delaware.
Eastern Highway Specialists began working with DPP on its site search in 2018. The 17-year-old highway and bridge construction company works projects throughout the region and generates approximately $14 million in annual revenue. Currently leasing space on Church Street in Wilmington, the company has outgrown its location and has purchased a 4-acre brownfield site at 3604 Downing Drive in Northeast Wilmington. Eastern Highway Specialists is investing nearly $4 million into the Downing Drive property and plans to build a 21,000-square-foot shop a