At a time when LTL shipments and freight volumes in general declined, ODFL increased its fourth-quarter shipment count 8.2 percent, while increasing revenue and profit. Lower fuel surcharges slowed revenue growth, but the carrier outperformed its peers.
01 Feb 2016
CSX Transportation says it remains committed to its planned North Carolina intermodal terminal, even after local and state officials nixed the project’s original construction site outside Raleigh.
01 Feb 2016
The Port of Wilmington has joined the league of U.S. East Coast ports pouring millions into their harbors to prepare for the larger ships soon to be able to pass through an expanded Panama Canal. But, unlike its regional rivals, the North Carolina port isn't targeting the largest of the new mega-ships.
21 May 2015
Old Dominion Freight Line promoted veteran executive Greg C. Gantt to president, while David S. Congdon remains CEO and takes on added responsibilities as vice chairman of the company's board.
01 May 2015
Old Dominion Freight Line didn't brake for the general slowdown apparent in first-quarter U.S. GDP. The less-than-truckload carrier reinvested earnings in expansion.
22 Apr 2015
Wilmington port is on track for a record year in container volume, due in part to a slew of new services connecting North Carolina to Asian markets and some diversions from the U.S. West Coast.
24 Mar 2015
Diversions from congested West Coast ports are helping drive traffic growth at the Savannah port, setting the largest U.S. southeast port to end its fiscal year with 14 to 14.5 percent more volume than in the prior year.
20 Feb 2015
The North Carolina State Ports Authority is extending gates hours by an hour at the Port of Wilmington to help keep pace with volume growth.