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Old Dominion Freight Line, Inc. traces its origins to 1934 when husband and wife Earl Congdon Sr. and Lillian Congdon (née Herbert) founded the company with a single straight truck running between Richmond and Norfolk, Virginia. [7] [8] The name is a reference to a common nickname for the Commonwealth of Virginia, the "Old Dominion."
Similar in concept to the groupings or grading systems used in other industries, with the NMFC, commodities are grouped into one of 18 classes—from a low of class 50 to a high of class 500. [1] Classification is based on an evaluation of four transportation characteristics: density, stowability, handling and risk or liability.
The American Highway Freight Association and the Federated Trucking Associations of America met in the spring of 1933 to speak for the trucking association and begin discussing a code. [6] By summer of 1933 the code of competition was completed and ready for approval. The two organizations had also merged to form the American Trucking ...
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Old Dominion Freight Line Inc (NASDAQ: ODFL) reports February 2022 operating metrics, with revenue per day increasing 38.3% compared to February 2021. The increase reflects an 18.3% increase in ...
Motor carrier deregulation was a part of a sweeping reduction in price controls, entry controls, and collective vendor price setting in United States transportation, begun in 1970-71 with initiatives in the Richard Nixon Administration, carried out through the Gerald Ford and Jimmy Carter Administrations, and continued into the 1980s, collectively seen as a part of deregulation in the United ...
1 Common freight carriers. 2 Passenger carriers. ... Download as PDF; Printable version; In other projects ... Great Falls and Old Dominion Railroad;
The first truck weight limits were enacted by four states in 1913, ranging from 18,000 pounds (8,200 kg) in Maine to 28,000 pounds (13,000 kg) in Massachusetts.These laws were passed to protect earth and gravel-surfaced roads from damage caused by the steel and solid rubber wheels of early heavy trucks.