Dominion Freight Line, Inc. a recipient of the 2012 CIO 100 Award, marking the fourth consecutive year the company has been honored with this prestigious award. The award recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT).
Old Dominion has demonstrated its commitment to IT by implementing systems that help the company maintain a delivery rate and cargo claims ratio that are among the best in the industry. The company is planning to invest $15 million to $20 million on technology during 2012.
"Technology is crucial to everything we do at Old Dominion, which is why we've invested so heavily in developing a cutting edge system to support our global network," said Ken Erdner, Old Dominion's vice president, information systems and technology.
"With state-of-the-art systems in place, our people are able to provide outstanding service that has become synonymous with the Old Dominion name." Old Dominion's technology includes the coordination of PeopleNet's FleetNet vehicle management technology for the company's fleet of nearly 6,000 tractors, ESRI mapping solutions and Old Dominion's legacy systems for tracking freight allowing individuals to view, on a map, the activity of all shipments and pickups. The system provides up-to-date information allowing knowledgeable workers to make better decisions by visually showing drivers, routes, freight and customers.
The recipients of this year's CIO 100 award were selected through a three-step process. Companies submitted details about their innovative IT and business initiatives, and a team of judges reviewed the applications, looking for unique practices and substantial results; CIO editors then reviewed the recommendations and voted on the final 100.
The 25th annual 2012 CIO 100 awards will be presented Aug. 19-21, 2012, at the Terranea Resort in Rancho Palos Verdes, California. The complete list of CIO 100 winners will be available in the August issue of CIO magazine. "For 25 years now, the CIO 100 awards have celebrated the innovative use of technology to deliver genuine business value," said Maryfran Johnson, editor in chief of CIO magazine & events. "Our 2012 winners each provide an outstanding example of the transformative power of IT to drive everything from revenue growth to competitive advantage."
The honor is the latest prominent award bestowed on Old Dominion. In March, Old Dominion was honored by Mastio & Company as the No. 1 National LTL carrier in the company's 2011 Value and Loyalty Benchmarking Study for its outstanding use of technology. Also in March, the company was named one of America's 100 Most Trustworthy Companies by Forbes magazine, an annual recognition awarded to publicly traded corporations that have consistently demonstrated transparent, conservative accounting practices and solid corporate governance and management.
For more information about Old Dominion, visit www.odfl.com or call (800) 432- 6335.
About Old Dominion Freight Line
Old Dominion Freight Line, Inc. (NASDAQ: ODFL) is a leading, less-than-truckload ("LTL"), union-free motor carrier providing regional, inter-regional and national LTL service and value-added logistics services. In addition to its core LTL services, the company offers its customers a broad range of logistics services including ground and air expedited transportation, supply chain consulting, transportation management, truckload brokerage, container delivery, warehousing and consumer household moving services.
Through marketing and carrier relationships, the Company also offers door-to-door international freight services to and from all of North America, Central America, South America and the Far East. For more than 78 years, Old Dominion has been helping the world keep promises. In 2012, the company was named as one of America's 100 Most Trustworthy Companies by Forbes magazine and ranked as the No. 1 National LTL carrier by Mastio & Company as part of the company's 2011 Value and Loyalty
Benchmarking Study. More information can be found at www.odfl.com.