Wednesday, January 5, 2011

Old Dominion Freight Line Announces Passing of John B. Yowell, Executive Vice President and Chief Operating Officer

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (NASDAQ: ODFL) regrets to announce the passing of John B. Yowell, the Company's Executive Vice President and Chief Operating Officer, on December 30, 2010. A 27-year employee of Old Dominion, Mr. Yowell had served in his current position since January 2008 and as Executive Vice President since May 1997. During his career, he also held senior positions in a number of functional areas within Old Dominion, including Corporate Services, Operations and Information Technology.

David S. Congdon, President and Chief Executive Officer of Old Dominion, said, "We are saddened to announce the unexpected passing of John Yowell, an integral member of the OD Family. John served Old Dominion with distinction in positions of increasing responsibility spanning almost three decades. He was a substantial contributor to the growth in the Company's value from approximately $100 million at its initial public offering in 1991 to nearly $1.8 billion today.

"For many years at Old Dominion, we have spoken of the OD Family Spirit, and John Yowell truly exemplified the OD Family Spirit in every aspect of his life. He was a special member of the OD family who served as an industry leader, a mentor and a role model for many within the Company. Although he will be missed, he will not be forgotten as his legacy will live on in those he has prepared for the future. We mourn his passing and will miss his dedication, his expertise and the bond of friendship he had with each of our employees. Our thoughts and prayers are with John's family."

Old Dominion Freight Line, Inc. 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.

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