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A federal judge in Arkansas has ruled against Old Dominion Freight Line in a case over a truck driver who self-reported alcohol abuse and the company’s “no return” policy for drivers who suffer from such problems.
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The increased rate provides for a nominal increase in intrastate, interstate and cross-border lane charges. The new rate will also offset the rising costs of new equipment and insurance, while preserving competitive wages and benefits for employees.
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Less-than-truckload carrier Old Dominion expects growth in tonnage per day to increase in a range of 5.0% to 5.5% compared to the second quarter of 2012, versus its previous expectation of an increase in a range of 4.5% to 5.0%.
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The first quarter earning reporting season continues with Knight Transportation and Old Dominion Freight Line reporting healthy increases in revenue and profit, with Landstar nearly hitting a record and UPS continuing to prove why it’s the biggest trucking operation in the country.
Read More →The parent of the less-than-truckload operation, Con-way Freight, recently provided an update on first quarter trends of this part of its business, ahead of it releasing first quarter financial results the first of May while competitor Old Dominion Freight Line did the same just before a freight transportation summit in Chicago last week.
Read More →Old Dominion Freight Line Inc. increased its presence in Billings, Mont., moving to a larger facility.
Read More →Three more carriers released their earnings reports. Con-way's fourth quarter profit took a big decline but was up for the year, while Roadrunner Transportation broke through the $1 billion revenue barrier in 2012 and Old Dominion Freight Line posted record numbers.
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