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Old Dominion Freight Line announces rate increase – Old Dominion Freight Line, Inc. (NASDAQ:ODFL)

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Old Dominion Freight Line (ODFL +0.6%) announces a 3.5% general rate increase will go into effect on September 1.

“Our GRI will affect our class tariffs and is intended to partially offset the rising costs of new equipment, real estate, technology investments, and competitive employee wage and benefit packages,” says Old Dominion exec Todd Polen.

Source: Press Release



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