2005 NEWS & PRESS RELEASES
Old Dominion Opens Service Center in Beaumont, TXDec 28 , 2005 -- Gerry Broadwell, Vice President of the South Central Region at Old Dominion Freight Line, Inc., announced the opening of a new service center in Beaumont, Texas. The new 23 door service center is located on a 3 acre site at 5255 Washington Boulevard. Old Dominion Opens Service Center in Lafayette, LADec 28 , 2005 -- Gerry Broadwell, Vice President of the South Central Region at Old Dominion Freight Line, Inc., announced the opening of a new service center in Lafayette, Louisiana. The new 12 door service center is located on a 2 acre site at 6029 North University Avenue in nearby Carencro. Old Dominion Relocates Milwaukee Facility, Doubles CapacityDec 22 , 2005 -- Chuck Powell, Vice President of the Central Region at Old Dominion Freight Line, Inc., announced the relocation of Old Dominion’s old 38 door Milwaukee, Wisconsin Service Center from 819 W. Carpenter Avenue to a larger service center located at 401 W. Layton Avenue. Old Dominion Opens New Orleans Service CenterDec 19 , 2005 -- Three and a half months after Hurricane Katrina's devastation forced the temporary suspension of service in the New Orleans area, Old Dominion announces the opening of a new service center at 112 Dakin Street in New Orleans. The new facility will service many of the points that were being temporarily served by the Baton Rouge service center. OD Points Directory Goes On-LineDecember 19, 2005 -- Old Dominion announces the addition of its Points Directory to ODFL.com. Using this new tool, you may view or download points data for a specific state, or for all states in the continental US. 100-E Tariff Rules UpdatedNovember 29, 2005 -- Changes to ODFL 100-E effective December 1, 2005. Old Dominion Improves Transit Times in over 4200 Lanes November 21, 2005 -- Chip Overbey, Vice President of National Accounts & Marketing today announced OD has improved the transit times in over 4200 lanes. OD Chairman and CEO Inducted to NC Transportation Hall of Fame November 4, 2005 -- Chairman of the Board and Chief Executive Officer Earl E. Congdon Jr. was inducted into The North Carolina Transportation Hall Of Fame in a ceremony held November 1 in High Point, North Carolina. Board of Directors Approves Three-for-Two Stock SplitNovember 2, 2005 - Old Dominion Freight Line today announced the stock split which will be effected November 30, 2005, for shareholders as of the close of business on the record date, November 16, 2005. Third-Quarter Earnings Increase 28% to $.64 Per Diluted ShareOctober 21, 2005 - Old Dominion Freight Line announced record financial results for the third quarter and nine months ended September 30, 2005. A real-time webcast of Old Dominion’s quarterly conference call will be accessible from www.odfl.com or www.InvestorCalendar.com at 11:00 a.m. ET on October 21, 2005. Third Quarter Financial Results to be Released October 21, 2005 September 30 -- Announcement will be made prior to trading on October 21. A real-time webcast of Old Dominion’s quarterly conference call will also be accessible from www.odfl.com or www.InvestorCalendar.com at 11:00 a.m. ET on October 21, 2005. OD Now Offering 100% Full-State Coverage in Vermont September 26 -- Chip Overbey, Vice President of National Accounts, Marketing & Education for Old Dominion Freight Line, Inc., announced that the carrier has added the State of Vermont to its 100% full-state coverage list, bringing the total to thirty-three states. Trace Web Service Now AvailableSeptember 15 -- We now offer a Trace Web Service that gives your company's MIS / IT staff the tools to allow your customers to trace OD shipments directly from your company's web site. OD To Back Former Wake Forest Golfer Chad Wilfong On PGA Tour August 30, 2005 - Chip Overbey, Vice President of National Accounts/Marketing & Education announced the LTL carrier’s decision to sponsor former Wake Forest University golfer Chad Wilfong on the PGA Sponsored Nationwide Tour. August 30, 2005 -- New Orleans Service Temporarily Suspended Due to Hurricane Damage Due to the devestating damage caused by Hurricane Katriana OD has temporarily halted service to the New Orleans area. If you presently have freight in route to New Orleans, please contact your OD Sales Representative or call our InfoCall1 Service at 800-235-5569. If you need to ship emergency supplies to the region, please contact our Solutions Center at 800-235-5569 (Option 3). August 29, 2005 -- Printable Transit Time Maps Now Available on ODFL.com ODFL.com visitors can now download and print transit time maps for all of OD's 152 service centers. These maps are provided in PDF format for optimal printing. July 27, 2005 -- Federal Wood Packing Standards Effective September 16 New regulations outline specific treatment and marking of wood packing materials, such as pallets, crates, boxes and dunnage being imported into the US. Shipments not complying with these standards can be reexported. July 22, 2005 -- Second Quarter Financial Results Released Revenue from operations grew 30.8% to $264,346,000 for the quarter from $202,129,000 for the second quarter of 2004. Net income was $13,916,000 for the quarter. A real-time webcast of Old Dominion’s quarterly conference call will be accessible from www.odfl.com or www.vcall.com at 11:00 a.m. ET on July 22, 2005. July 18, 2005 -- 100-E Tariff Rules Updated Changes to ODFL 100-E include updates to Item 594 effective today. July 8, 2005 -- OD Expanding Into South Dakota and Nebraska With New Service Centers in Sioux Falls, SD and Grand Island, NE Sioux Falls will feature a 9 door service center on a 1.5 acre site on Hobbs Circle. Grand Island operations to be in a 12 door facility on W. 2nd Street. June 30, 2005 -- Old Dominion Freight Line’s Second Quarter Conference Call On The Internet 2005 second quarter financial results will be released before opening of trading July 22, 2005. A real-time webcast of the quarterly conference call will be available from this web site or at www.vcall.com on July 22, 2005, at 11:00 a.m. (Eastern Time). June 28, 2005 -- Updated Bill of Lading Application To Be Introduced To ODFL.com On July 15Improved Bill of Lading features a single page format that is easier to use, simplifies entering data and improves readability. June 3, 2005 - Osh Kosh, WI Service Center Relocates to Larger Facility Move to Stillman Street location effective immediately. June 1, 2005 -- OD CFO To Participate In Merrill Lynch Global Transportation Conference On June 8th J. Wes Frye, Senior Vice President, Finance and Chief Financial Officer, will participate in panel discussion on June 8, 2005 at approximately 9:10 a.m. Eastern. There will be an on-line webcast, which can be accessed at http://www.wsw.com/webcast/ml41/panel2/ May 16, 2005 -- Portland, ME Service Center Now OpenNew 28-door service center increases coverage in northeast and provides 100% full state coverage in Maine. May 16, 2005 -- 100-E Tariff Rules Updated Changes to ODFL 100-E include updates to Items 180, 565, 751, Item 751-560 effective May 16, 2005. May 16, 2005 -- Downloadable Rate Software Updated Access Plus 1 ODFL North American Rater software download updated to include increase in rates effective May 16, 2005. April 26, 2005 -- OD Announces Increase in Base Rates Effective May 16, 2005 General increase involves restructure that provides for increases based on length of haul rather than traditional across the board increases. April 22, 2005 -- First Quarter Financial Results Released ODFL today announced record financial results for the first quarter ended March 31, 2005. Revenue from operations increased 29.5% to $236,770,000 for the quarter. A real-time webcast of Old Dominion’s quarterly conference call will be accessible from www.odfl.com or www.vcall.com at 11:00 a.m. ET on April 22, 2005. April 1, 2005 - First Quarter Financial Results to be Released April 22, 2005 Announcement will be made prior to trading on April 22. A real-time webcast of Old Dominion’s quarterly conference call will also be accessible from www.odfl.com or www.vcall.com at 11:00 a.m. ET on April 22, 2005. Mar 17, 2005 - Important New Information for Caribbean Shippers Effective April 1, new US government regulations apply to all shipments to Puerto Rico and the US Virgin Islands with product value in excess of $2500.00 . Jan 27, 2005 - Old Dominion Freight Line Reports 34.4% Increase In Fourth-Quarter Earnings Thomasville, NC - Old Dominion Freight Line, Inc. today announced record financial results for the fourth quarter and year ended December 31, 2004. Jan 11, 2005 - Fourth Quarter and Year-End 2004 Financial Results to be Released Jan 27, 2005Thomasville, NC - An online, real-time webcast of Old Dominion’s quarterly conference call will be available online at www.odfl.com or www.vcall.com on January 27, 2005, at 11:00 a.m. January 5, 2005 - Old Dominion Now Providing Complete Coverage to Minnesota, North Dakota and South Dakota Thomasville, NC - Old Dominion has developed a partnership agreement with Magnum Transportation and will operate through 10 “partner service centers” located throughout the 3 states. January 4, 2005 - Old Dominion Freight Line Signs Definitive Agreement to Purchase Wichita Southeast Kansas TransitThomasville, NC - Provides Initial Entry into Nebraska and Enables Full-State Coverage in Kansas and Iowa. |