Skip to content
Search AI Powered

Latest Stories

newsworthy

Jack Congdon dies at 80; was son of Old Dominion's founders

Executive was considered pioneer in truck-leasing field.

John R. "Jack" Congdon, Sr., the son of Old Dominion Freight Line Inc. founders Earl Sr. and Lillian Congdon and a pioneer in the truck-leasing field, has died following a battle with cancer, the company said. He was 80.

Congdon joined Thomasville, N.C.-based Old Dominion in 1951 and, during his career, served as senior vice president and as vice chairman, among other positions. He also founded Old Dominion Truck Leasing, a Virginia-based corporation primarily engaged in the full-service leasing of tractors, trailers, and other equipment.


"Jack Congdon is rightly considered a trailblazer within the trucking industry. In addition to founding Old Dominion Truck Leasing, he played an integral role in ensuring the success of Old Dominion Freight Line," said David Congdon, Old Dominion's president and CEO and Jack Congdon's nephew.

After serving in the U.S. Army as a military policeman, Jack Congdon returned to join his mother and older brother, Earl Congdon Jr., to build Old Dominion, which was the family business.

He is preceded in death by Natalie Neblett Congdon, his wife of 58 years, and survived by their three children, Susan Terry, John Congdon Jr., and Jeff Congdon. He is also survived by his older brother, Earl Congdon, and eight grandchildren and nine great-grandchildren.

The Latest

More Stories

Trucking industry experiences record-high congestion costs

Trucking industry experiences record-high congestion costs

Congestion on U.S. highways is costing the trucking industry big, according to research from the American Transportation Research Institute (ATRI), released today.

The group found that traffic congestion on U.S. highways added $108.8 billion in costs to the trucking industry in 2022, a record high. The information comes from ATRI’s Cost of Congestion study, which is part of the organization’s ongoing highway performance measurement research.

Keep ReadingShow less

Featured

forklift driving through warehouse

Hyster-Yale to expand domestic manufacturing

Hyster-Yale Materials Handling today announced its plans to fulfill the domestic manufacturing requirements of the Build America, Buy America (BABA) Act for certain portions of its lineup of forklift trucks and container handling equipment.

That means the Greenville, North Carolina-based company now plans to expand its existing American manufacturing with a targeted set of high-capacity models, including electric options, that align with the needs of infrastructure projects subject to BABA requirements. The company’s plans include determining the optimal production location in the United States, strategically expanding sourcing agreements to meet local material requirements, and further developing electric power options for high-capacity equipment.

Keep ReadingShow less
map of truck routes in US

California moves a step closer to requiring EV sales only by 2035

Federal regulators today gave California a green light to tackle the remaining steps to finalize its plan to gradually shift new car sales in the state by 2035 to only zero-emissions models — meaning battery-electric, hydrogen fuel cell, and plug-in hybrid cars — known as the Advanced Clean Cars II Rule.

In a separate move, the U.S. Environmental Protection Agency (EPA) also gave its approval for the state to advance its Heavy-Duty Omnibus Rule, which is crafted to significantly reduce smog-forming nitrogen oxide (NOx) emissions from new heavy-duty, diesel-powered trucks.

Keep ReadingShow less
drawing of trucker tools freight technology

DAT Freight & Analytics acquires Trucker Tools

DAT Freight & Analytics has acquired Trucker Tools, calling the deal a strategic move designed to combine Trucker Tools' approach to load tracking and carrier sourcing with DAT’s experience providing freight solutions.

Beaverton, Oregon-based DAT operates what it calls the largest truckload freight marketplace and truckload freight data analytics service in North America. Terms of the deal were not disclosed, but DAT is a business unit of the publicly traded, Fortune 1000-company Roper Technologies.

Keep ReadingShow less
chart of global trade forecast

Tariff threat pours cold water on global trade forecast

Global trade will see a moderate rebound in 2025, likely growing by 3.6% in volume terms, helped by companies restocking and households renewing purchases of durable goods while reducing spending on services, according to a forecast from trade credit insurer Allianz Trade.

The end of the year for 2024 will also likely be supported by companies rushing to ship goods in anticipation of the higher tariffs likely to be imposed by the coming Trump administration, and other potential disruptions in the coming quarters, the report said.

Keep ReadingShow less