Old Dominion Freight Line News

A teary-eyed Dorina Cotton embraced her young grandson Friday as she emerged from the Fulton-Montgomery Community College Physical Education Building surrounded by her children in her black cap and gown.

Although those who serve the community would sometimes rather not be noticed, sometimes philanthropy demands to be recognized.

Old Dominion Freight Line Inc. has been named one of Americas 100 Most Trustworthy Companies by Forbes magazine.The annual recognition is awarded to publicly traded corporations that have consistently demonstrated transparent, conservative accounting practices and solid corporate governance and management.

Details: Vitran Express Inc ., a subsidiary of Toronto-based freight services provider Vitran Corp ., has bought a truck terminal at 2727 Farrisview Blvd .

Monday, May. 14, 2012 Friday, May. 11, 2012 Thursday, May. 10, 2012 Wednesday, May.

The annual recognition is awarded to publicly traded corporations that have consistently demonstrated transparent, conservative accounting practices and solid corporate governance and management.

Chris Young, a 17-year IT veteran, has been named vice president of information systems & technology for Old Dominion Freight Line .

Selling gas and diesel is an intrinsically low- margin business - which probably explains why so many major integrated oil companies like Exxon Mobil and BP sold out of the business years ago, and why companies like Kroger and Walmart use fuel sales more like promotions and loss leaders.

BENSON, Minn. Old Dominion Freight Line has opened a new service centre in Benson, Minn.

Commentators talk about "the transports" as though they were an undifferentiated block of companies that all move together.

The opening of the service center in Honolulu follows years of consistent growth in shipments to and from the state.

Old Dominion's Hawaii Service Center, at 664 Kakoi St. in Mapunapuna, is managed by the company's international and off-shore shipping brand, OD-Global, Thomasville, N.C.-based Old Dominion said in a statement .

Whether it was a slight miss relative to consensus or post-earnings commentary from UPS management, Old Dominion sold off on April 26, 2012 despite a solid report.

Investments in sales, customer service and IT for all subsidiaries- P.A.M. Transportation Services P.A.M., Springdale, Ark., reported net income of $674,193 or diluted and basic earnings per share of 8 cents for the quarter.