Old Dominion Recognized for Commitment to Business Ethics
THOMASVILLE, N.C. (April 23, 2010) – Old Dominion Freight Line Inc. (NASDAQ: ODFL) received the Piedmont Business Ethics Award at the 10th Annual Piedmont Business Ethics Award Luncheon held in Greensboro, N.C. on April 20.
Sponsored by the Greensboro chapter of the Society of Financial Service Professionals, the award is presented annually to Piedmont Triad companies that demonstrate a firm commitment to ethical business practices in everyday operations, management philosophies and responses to crisis or challenges.
“On behalf of the entire Old Dominion family, customers and partners, we are extremely honored with our selection to receive the Piedmont Business Ethics Award,” said David Congdon, president and CEO of Old Dominion. “For more than 75 years, Old Dominion has been in the business of keeping promises with our key stakeholders, and one of the integral parts of this is our commitment to maintaining ethical business practices in everything we do.”
Award recipients were selected by an independent panel of judges drawn from academia, business, public service, media and the ethics community. Companies entered the competition in one of four categories based on their number of employees. Overall criteria included:
• An executive commitment to business ethics.
• A corporate code of ethics/conduct, which clearly communicates the company’s requirement for honesty, integrity and compliance with the law in all business dealings.
• A means for employees, customers and other parties to bring ethical problems or conflicts to the attention of management, and a mechanism for resolution.
• A clear communication of the company’s ethical standards.
• A community commitment that is demonstrated by involvement in local, regional and/or national issues.
For more information about Old Dominion, visit www.odfl.com <http://www.odfl.com> or call (800) 432-6335.
About Old Dominion Freight Line
Old Dominion Freight Line Inc. (NASDAQ: ODFL) is a less-than-truckload multi-regional motor carrier providing one-to-five day service among six regions in the United States and next-day and second-day service within these regions. Through its four product groups, OD-Domestic, OD-Expedited, OD-Global and OD-Technology, the Company offers an array of innovative products and services that provide direct service to 48 states within the Southeast, Gulf Coast, Northeast, Midwest, Central and West regions of the country. In addition to domestic less-than-truckload services, the Company offers assembly and distribution services as well as container delivery services to and from all of North America, Central America, South America and the Far East. The Company also offers a broad range of expedited and logistical services for both its domestic and global markets.