Doing right things right.
This has been the foundation of success for Old Dominion Freight Line since we began in 1934. From our founding with one truck and one route to today where we operate 247 service centers and have more than 20,000 employees, doing the right thing is simply how we do business. This is how we operate our Company, how we work with our customers, how we support our OD Family of employees, and how we live in the communities that so generously support us.
We also believe that doing right things right is good for business. Our intense focus on safety and security, our commitment to our employees and our communities, and our investments in improving our environmental footprint are not only the right things to do - they also provide opportunities to enhance our business and create greater value for our stakeholders.
Establishing a safe and secure work environment is paramount at OD. Our S.H.I.E.L.D. program focuses on injury prevention and emphasizes a Company initiative to be safe in all aspects of business. OD has been recognized by various organizations for our commitment to safety and in 2018 our Vice President of Safety and Compliance, Sam Faucette, was named the American Trucking Associations' National Safety Director of the Year.
Creating a safe and collaborative working environment with training and advancement opportunities helps us maintain our "OD Family Spirit." We are pleased to provide our employees with competitive wage and benefit programs, while also offering personal development programs to prepare OD for the future. These programs include dock to driver training through our in-house driver training program and our OD management trainee program.
Engaging in our communities is a cornerstone of our Company's success. Sharing the "OD Family Spirit," which is built on selflessness and a commitment to helping others, has created a culture that we believe differentiates us from our competitors. We are committed to supporting those in need, as reflected in our commitment to important causes like the American Red Cross, Toys for Tots, The Salvation Army and United Way.
Investing regularly in technology, including route planning systems to minimize miles traveled, helps reduce the environmental impact of our fleet. Due to our significant fleet investment, we operate one of the youngest fleets in our industry. By utilizing a newer fleet of tractors and investing in custom specifications in our tractors and trailers, we improve fuel efficiency and lower emissions. We also maintain driver metrics for monitoring driving behavior to help coach fuel-efficient driving. Our drivers also receive “behind the wheel” training on modern and efficient driving methods such as progressive shifting, vehicle speeds and idle time reduction. In addition, we recently ordered some electric equipment for operational testing in California. These are just a few of the innovative investments that we believe are making us better stewards of the resources that we utilize. Since 2009, OD has partnered with the Environmental Protection Agency (EPA) on its SmartWay® program for eleven years, and in 2020 we were proud recipients of the EPA SmartWay® Excellence Award for the sixth consecutive year.
Although we have consistently improved our long-term efficiency standards through our continuous investment cycle, we believe there is room for further improvement. As a result, we have initiated a process to enhance our ability to assess and manage our energy usage and alternatives, waste levels, emissions, and carbon footprint for our entire Company. We intend to utilize the Sustainability Accounting Standards Board (SASB) general disclosure framework once our work is completed.
We are sharing here a snapshot of our safety and security, environmental, social responsibility, and governance practices. OD's commitment to safe and sustainable business practices is ongoing and our goal is continuous improvement. We're committed to serving our communities and being good neighbors while considering how we can improve for the future. OD's commitment to Helping the World Keep Promises® extends beyond our service offerings. Our Board of Directors and our OD Family of employees are here to keep promises of good stewardship to all our stakeholders.
Greg C. Gantt
President and Chief Executive Officer