Another less-than-truckload carrier has announced a rate increase.
Old Dominion Freight Line, Thomasville, N.C., will adopt the SMC(3) general rate increase effective July 8.
The general increase involves restructuring with an overall impact of approximately 5.95%. The minimum shipment charges have been increased by $3 per shipment.
Company officials say the increase is necessary to offset higher costs for insurance, security, new equipment, new service centers, improved technology as well as higher wages and benefits.
Old Dominion Freight Line, Thomasville, N.C., will adopt the SMC(3) general rate increase effective July 8.
The general increase involves restructuring with an overall impact of approximately 5.95%. The minimum shipment charges have been increased by $3 per shipment.
Company officials say the increase is necessary to offset higher costs for insurance, security, new equipment, new service centers, improved technology as well as higher wages and benefits.
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