Old Dominion's Chinese partner is Cargo Services Far East Ltd., the country's largest privately owned integrated logistics provider. With its headquarters based in Hong Kong, Cargo Services currently operates 28 offices throughout the country with an additional 13 to be opened by the end of the year.
On the U.S. side, Old Dominion will be providing seamlessly integrated service into its system that includes less than truckload, truckload, container drayage and expedited offerings. Visibility will come with a single Old Dominion pro number that will be placed on the shipment in China and may be tracked all the way through final delivery in the United States. Customer support will be through the Old Dominion Global Command Center.
“In many cases customers with international business moving between China and the U.S. will be able to bypass the destination warehouse and expedite sold goods to their customer and to point of sale locations,” says Old Dominion's vice president of Global Operations, Greg Plemmons. “Our plan is to roll the service out across our network beginning in May of this year, starting with selective markets on the West Coast and working East.”
Old Dominion is increasing its rate base on March 26. The increase will be based on length of haul instead of more usual across the board jumps with shorter hauls generally feeling less of a boost. Although each customer will have a different financial impact based on the lanes and distance their shipment move, says the company, the overall impact of the increase is approximately 5.1%.
