Old Dominion Announces General Freight Rate Increase

[Mike]

To adjust to increased costs, Old Dominion Freight Line has announced a general rate increase of 4.9% that will apply to rates established under the existing IDFL 59, 670, and 550 tariffs, effective June 4. ODFL Vice President of Pricing Services Todd Polen said that the general rate increase will affect the company’s class tariffs and was necessary to offset risings costs of new equipment, real estate, technology investments. and competitive wages and benefits for employees.

Old Dominion Announces General Freight Rate Increase

 

[Injun]

They jacked their rates in February. Now they're doing it again?

Apparently, they don't believe MME and DATS can pick up the business.

 

[Electric Chicken]

They jacked their rates in February. Now they're doing it again?

Apparently, they don't believe MME and DATS can pick up the business.

They're following the UPS method.

Jack 'em up at every chance.