Less-than-truckload carrier Old Dominion Freight Line announced Monday a 4.9% general rate increase across multiple tariff codes effective Dec. 2. The GRI announcement follows similar price actions from other carriers in recent weeks, tamping down concerns that the industry is losing its ability to pass through rate increases two years into an industrial recession.
Carriers typically implement GRIs to general tariff codes annually. The stated percentage increase is an expected average of changes...
https://www.freightwaves.com/news/ltl-general-rate-increases-buck-pricing-concerns-for-industry