Old Dominion Freight Line, High Point, N.C., is the latest less-than-truckload carrier to announce a rate increase.

The organization will adopt the SMC3 general rate increase effective Aug. 6.
The general increase involves restructuring with an overall impact of approximately 5.95%. The minimum shipment charges have been increased by $3.
The company says the increase is necessary to offset higher costs as a result of new equipment, new service centers, state-of-the art technology and wages and benefits.
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