THOMASVILLE, N.C.–(BUSINESS WIRE)–
Old Dominion Bales Line, Inc. (Nasdaq: ODFL) today appear that its Board of Directors has declared a annual banknote allotment of $0.13 per allotment of accepted stock, payable on December 20, 2018, to shareholders of almanac at the aing of business on December 6, 2018.
Forward-looking statements in this account absolution are fabricated pursuant to the safe anchorage accoutrement of the Private Securities Litigation Reform Act of 1995. We attention the clairvoyant that such advanced statements absorb risks and uncertainties that could account absolute contest and after-effects to be materially altered from those bidding or adumbrated herein, including, but not bound to, the following: (1) the aggressive ambiance with account to industry accommodation and pricing, including the use of ammunition surcharges, which could abnormally appulse our absolute all-embracing appraisement action and our adeptness to awning our operating expenses; (2) our adeptness to aggregate ammunition surcharges and the capability of those ammunition surcharges in mitigating the appulse of clashing prices for agent ammunition and added petroleum-based products; (3) the abrogating appulse of any unionization, or the access of legislation or regulations that could facilitate unionization, of our employees; (4) the challenges associated with active our advance strategy, including our adeptness to auspiciously able and accommodate any acquisitions; (5) changes in our goals and strategies, which are accountable to change at any time at our discretion; (6) assorted bread-and-er factors such as recessions, downturns in the economy, all-around ambiguity and instability, changes in U.S. social, political, and authoritative altitude or a disruption of banking markets, which may abatement appeal for our services; (7) the appulse of changes in tax laws, rates, advice and interpretations, including those accompanying to assertive accoutrement of the Tax Cuts and Jobs Act; (8) increases in disciplinarian and aliment artisan advantage or difficulties alluring and application able drivers and aliment technicians to accommodated bales demand; (9) our acknowledgment to claims accompanying to burden accident and damage, acreage damage, claimed injury, workers’ compensation, accumulation bloom and accumulation dental, including added premiums, adverse accident development, added self-insured assimilation levels and claims in balance of insured advantage levels; (10) amount increases associated with agent benefits, including costs associated with agent healthcare plans; (11) the availability and amount of basic for our cogent advancing banknote requirements; (12) the availability and amount of new accessories and backup parts, including authoritative changes and accumulation constraints that could appulse the amount of these assets; (13) decreases in appeal for, and the amount of, acclimated equipment; (14) the availability and amount of agent fuel; (15) the costs and abeyant liabilities accompanying to acquiescence with, or violations of, absolute or approaching authoritative laws and regulations, including ecology laws, agent emissions standards, hours-of-service for our drivers, disciplinarian fettle requirements and new assurance standards for drivers and equipment; (16) the costs and abeyant liabilities accompanying to assorted acknowledged affairs and claims that accept arisen in the accustomed advance of our business, some of which accommodate class-action allegations; (17) the costs and abeyant liabilities accompanying to authoritative proceedings, inquiries, notices or investigations; (18) the costs and abeyant liabilities accompanying to our all-embracing business relationships; (19) the costs and abeyant adverse appulse of acquiescence with, or violations of, accepted and approaching rules issued by the Department of Transportation, the Federal Motor Carrier Assurance Administration (the “FMCSA”) and added authoritative agencies; (20) the costs and abeyant adverse appulse of acquiescence associated with acclamation interoperability amid bequest cyberbanking automated on-board recording accessories and cyberbanking logging accessories (“ELDs”) that accede with FMCSA’s ELD regulations and guidance; (21) melancholia trends in the less-than-truckload industry, including acrid acclimate altitude and disasters; (22) our assurance on key employees; (23) the absorption of our banal buying with the Congdon family; (24) the costs and abeyant adverse appulse associated with approaching changes in accounting standards or practices; (25) abeyant costs associated with cyber incidents and added risks, including arrangement failure, aegis breach, disruption by malware or added damage; (26) abortion to accumulate clip with developments in technology, any disruption to our technology infrastructure, or failures of basic casework aloft which our technology platforms rely, which could account us to acquire costs or aftereffect in a accident of business; (27) the costs and abeyant adverse appulse associated with capricious challenges in advance or acceptable our technology systems; (28) accident to our acceptability through abortive publicity; (29) the costs and abeyant adverse appulse of acquiescence with anti-terrorism measures on our business; (30) concoction to absolute shareholders acquired by any arising of added equity; (31) the appulse of a annual banknote allotment or the abortion to acknowledge approaching banknote dividends; (32) fluctuations in the bazaar amount of our accepted stock; (33) the appulse of assertive accoutrement in our accessories of incorporation, bylaws, and Virginia law that could discourage, adjournment or anticipate a change in ascendancy of us or a change in our management; and (34) added risks and uncertainties declared in our best contempo Annual Report on Form 10-K and added filings with the SEC. Our advanced statements are based aloft our behavior and assumptions application advice accessible at the time the statements are made. We attention the clairvoyant not to abode disproportionate assurance on our advanced statements as (i) these statements are neither a anticipation nor a agreement of approaching contest or affairs and (ii) the assumptions, beliefs, expectations and projections about approaching contest may alter materially from absolute results. We undertake no obligation to about amend any advanced account to reflect developments occurring afterwards the account is made, except as contrarily appropriate by law.
Old Dominion Bales Line, Inc. is a leading, less-than-truckload (“LTL”), union-free motor carrier accouterment regional, inter-regional and civic LTL casework through a distinct chip organization. Our account offerings, which accommodate expedited transportation, are provided through an all-embracing arrangement of account centers amid throughout the continental United States. Through cardinal alliances, the Company additionally provides LTL casework throughout North America. In accession to its amount LTL services, the Company offers a ambit of value-added casework including alembic drayage, truckload allowance and accumulation alternation consulting.
View antecedent adaptation on businesswire.com: https://www.businesswire.com/news/home/20181101006051/en/
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