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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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SCAC is also used to identify an ocean carrier or self-filing party, such as a freight forwarder, for the Automated Manifest System used by US Customs and Border Protection for electronic import customs clearance and for manifest transmission as per the USA's "24 Hours Rule" which requires the carrier to transmit a cargo manifest to US Customs ...
In simplified form, this is analogous to a person walking on thin ice. When standing upright, a person's weight is concentrated at the bottom of their feet, funneling all of their weight into a small area. When lying down, a person's weight is distributed over a much larger area.
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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 ...
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