Daily Archives: June 1, 2016

OLD DOMINION FREIGHT LINE PROVIDES UPDATE FOR SECOND-QUARTER 2016

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THOMASVILLE, N.C. – (June 1, 2016) – Old Dominion Freight Line, Inc. (NASDAQ: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for May 2016. LTL shipments per day increased 0.2% as compared to May 2015. LTL tons per day decreased 1.0% as compared to May 2015 due to a 1.3% decrease in
LTL weight per shipment.

David S. Congdon, Vice Chairman and Chief Executive Officer of Old Dominion, commented, “Old Dominion’s results for May continue to reflect a challenging business environment with ongoing softness in the U.S. economy. While our LTL tons per day decreased on a year-over-year basis, we are encouraged by the growth
in LTL revenue per day that progressed throughout May. In addition, the pricing environment has continued to be relatively stable and our quarter-to-date LTL revenue per hundredweight, excluding fuel surcharges, increased by approximately 3%. We will continue to focus on delivering superior service at a fair price and believe these fundamentals will produce long-term growth for our company.”

Read more at odfl.com

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NEWELL BRANDS HONORS C.H. ROBINSON WITH NON-ASSET BASED AWARD

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EDEN PRAIRIE, MN (June 1, 2016) – C.H. Robinson, a global leader in third party logistics (3PL), has been named the 2015 Non-Asset Based Carrier of the Year by Newell Brands.

This award reflects C.H. Robinson’s dedication to the Newell Brands account, as well as the strong relationship the two parties have developed over the past year.

“We are thrilled to receive the 2015 Non-Asset Based Carrier of the Year award,” said John Karas, business development manager at C.H. Robinson. “Our team is committed to providing Newell Brands with excellent service and supply chain support, and this award is testament to that.”

Raed more at chrobinson.com

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