CIO magazine named Old Dominion Freight Line, Inc. a recipient of the 2012 CIO 100 Award, marking the fourth consecutive year the company has been honored with this prestigious award.

The award recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT). Old Dominion has demonstrated its commitment to IT by implementing systems that help the company maintain a delivery rate and cargo claims ratio that are among the best in the industry. The company is planning to invest $15 million to $20 million on technology during 2012.

“Technology is crucial to everything we do at Old Dominion, which is why we’ve invested so heavily in developing a cutting edge system to support our global network,” said Ken Erdner, Old Dominion’s vice president, information systems and technology. “With state-of-the-art systems in place, our people are able to provide outstanding service that has become synonymous with the Old Dominion name.”

Old Dominion’s technology includes the coordination of PeopleNet’s FleetNet vehicle management technology for the company’s fleet of nearly 6,000 tractors, ESRI mapping solutions and Old Dominion’s legacy systems for tracking freight allowing individuals to view, on a map, the activity of all shipments and pickups. The system provides up-to-date information allowing knowledgeable workers to make better decisions by visually showing drivers, routes, freight and customers.

The recipients of this year’s CIO 100 award were selected through a three-step process. Companies submitted details about their innovative IT and business initiatives and a team of judges reviewed the applications, looking for unique practices and substantial results; CIO editors then reviewed the recommendations and voted on the final 100.

The 25th annual 2012 CIO 100 awards will be presented Aug. 19-21, 2012, at the Terranea Resort in Rancho Palos Verdes, California. The complete list of CIO 100 winners will be available in the August issue of CIO magazine.

“For 25 years now, the CIO 100 awards have celebrated the innovative use of technology to deliver genuine business value,” said Maryfran Johnson, editor in chief of CIO magazine and events. “Our 2012 winners each provide an outstanding example of the transformative power of IT to drive everything from revenue growth to competitive advantage.”