Old Dominion launches new 3PL provider

THOMASVILLE, NC -- Old Dominion Freight Line Inc. is expanding its service offerings with the introduction of Vault Logistics, a neutral third-party provider of supply chain solutions.

Vault Logistics unites several existing business units within Old Dominion into an independent operating division that includes warehousing, business solutions, dedicated services and truckload brokerage units. 

Michael Venegoni, a 33-year veteran of the transportation and logistics industry, is Vault Logistics' president. The new division, based in Thomasville, N.C., will serve customers nationwide.

--PRNewsire