Old Dominion Freight Line board elects Kasarda to fill vacancy

The Trucker News Services

1/10/2008

THOMASVILLE, N.C. — Dr. John D. Kasarda has been elected to the Old Dominion Freight Line Inc. board of directors, the company reports. Kasarda is the Kenan Distinguished Professor of Entrepreneurship and Director of the Kenan Institute of Private Enterprise at the University of North Carolina – Chapel Hill. His areas of expertise include transportation, supply-chain management, logistics, commercial real estate and economics.

Kasarda has received many grants and awards from such organizations as the Federal Aviation Administration, World Bank, National Science Foundation, National Academy of Sciences, the United Nations Development Program and the U.S. Agency for International Development, according an ODFL news release. He received his Ph.D. from the University of North Carolina – Chapel Hill and his M.B.A. and B.S. from Cornell University.

“We welcome John Kasarda to our board of directors and are very pleased to add an individual with his transportation expertise and his focus on entrepreneurship,” Earl E. Congdon, Old Dominion’s executive chairman, said. “Under his leadership, the Kenan Institute of Private Enterprise has become recognized as one of the country’s top educational institutions for the study of logistics and transportation. We look forward to working with John and are excited about the contributions he will make to the success of Old Dominion.”

Old Dominion reported in October 2007 that the company was temporarily out of compliance with Nasdaq listing standards related to independent director and audit committee requirements due to the resignation of a director from the board at that time.

Old Dominion Freight Line Inc. is a less-than-truckload multi-regional motor carrier. Its four product groups are OD-Domestic, OD-Expedited, OD-Global and OD- Technology.