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David Congdon

Executive Chairman of the Board, Old Dominion

Search every verified David Congdon interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. David Congdon, president and CEO of Old Dominion Freight Line, appeared on Carolina Business Review in January 2013, where he discussed the need for increased investment in U.S. highway infrastructure. He stated that the industry hauls roughly two-thirds of all freight tonnage in the country, a figure projected to exceed 70 percent, and argued that infrastructure spending is "grossly underfunded," with needs nearly three times the available funding. He also advocated for lifting a 20-year federal freeze on states allowing longer and heavier trucks, saying that operating triple trailers on certain routes could save nearly three million gallons of diesel fuel annually and reduce carbon emissions by 62,000 tons. In earlier appearances, Congdon highlighted the company's growth, reporting an 18 percent increase in top-line revenue and 42 percent year-over-year earnings growth in the first quarter of 2012. He also commented that the natural gas industry lacks the distribution network necessary to make natural gas-powered trucks economically feasible for the Class A tractor-trailer market.

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