Old Dominion wins ATA's President's Trophy, Excellence in Security Award

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Trucking news and briefs for Friday, April 7, 2023:

Old Dominion honored for safety record

Old Dominion Freight Line (CCJ Top 250, No. 10) Wednesday was awarded the American Trucking Associations (ATA) President’s Trophy and the Excellence in Security Award.

The President’s Trophy is given to U.S. motor carriers with an outstanding safety record. Old Dominion was ranked at the top for the “Over 100 Million Miles” category. The Excellence in Security Award is judged by commercial vehicle enforcement personnel and given to one U.S. motor carrier.

Carriers are selected for the President’s Trophy by submitting independently verified safety and compliance data. ATA then evaluates the carrier’s overall safety record, programs and community outreach, and commercial vehicle enforcement personnel. Annual winners can only reapply for the award after a two-year waiting period.

Old Dominion was also recognized by the ATA with several other 2023 safety awards, including:

  • First Place – Truck Safety Contest (General Commodities LTL/Line-Haul Division, Over 100 Million Miles Category)
  • First Place – Truck Safety Contest (General Commodities LTL/Local Division, Over 100 Million Miles Category)
  • Third Place – Industrial Safety Contest (General Commodities LTL Division, Over 5,000 Employees Category)

Old Dominion was last recognized with the ATA President’s Trophy Award in 2016 and the Excellence in Security Award in 2021.

Ashley Distribution Services (ADS) received the President's Trophy in the Between 25-100 Million Miles category and the 1st place Fleet Safety Award in the Over 10 Million Miles category.

ArcBest names new CFO

ArcBest (CCJ Top 250, No. 18) has named Matt Beasley as its chief financial officer and treasurer, effective May 14, 2023. Beasley, ArcBest's current treasurer, will succeed David Cobb, who is retiring after a 17-year career with the company. Cobb will continue with ArcBest as a senior advisor to ensure a seamless transition.

Beasley joined the company early last year and has more than 20 years financial experience, including executive-level roles in treasury, investor relations, enterprise risk management, and financial planning and analysis. At ArcBest, Beasley has helped renegotiate the company's revolving credit facility, long-term capital allocation planning and the sale of FleetNet America to Cox Automotive Mobility Solutions. Before joining ArcBest, he spent nearly 15 years at Enable Midstream Partners and its predecessor companies.