Welcome to our dedicated page for Old Dominion Freight Line news (Ticker: ODFL), a resource for investors and traders seeking the latest updates and insights on Old Dominion Freight Line stock.
Old Dominion Freight Line, Inc. (NASDAQ: ODFL) is a leading, less-than-truckload (LTL) transportation company known for providing premium service to its customers across the United States. As a union-free company, Old Dominion offers a range of LTL services including regional, inter-regional, and national transportation. In addition to its core LTL offerings, Old Dominion provides a comprehensive suite of logistics services such as ground and air expedited transportation, supply chain consulting, transportation management, truckload brokerage, container delivery, and warehousing.
One of the distinctive services offered by Old Dominion is OD Household Services, designed specifically for household moving. Through strategic partnerships, the company also extends its reach to international markets by offering freight forwarding services globally.
Old Dominion is recognized for its industry-leading claims ratio and on-time delivery record, making it one of the most reliable carriers in the LTL sector. With over 80 years of experience in the industry, the company has established a reputation for helping the world keep its promises. The company's strategic initiatives focus on increasing network density through market share gains and maintaining top-tier service quality through consistent infrastructure investment.
As the second-largest LTL carrier in the United States, Old Dominion operates over 250 service centers and more than 11,000 tractors. Known for its disciplined and efficient operations, the company boasts profitability and capital returns that are among the best in the trucking industry. For those interested in career opportunities, Old Dominion offers a variety of positions, which can be explored at their careers page.
Keeping up with the latest news and developments at Old Dominion Freight Line is essential for stakeholders and potential investors. Regular updates and company news are readily available, offering insights into the company’s performance and strategic direction.
Old Dominion Freight Line (Nasdaq: ODFL) has declared a quarterly cash dividend of $0.26 per share, payable on June 19, 2024, to shareholders of record as of June 5, 2024. This dividend represents a 30% increase compared to June 2023, considering the March 2024 two-for-one stock split.
FAQ
What is the current stock price of Old Dominion Freight Line (ODFL)?
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What services does Old Dominion Freight Line offer?
What is OD Household Services?
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What is Old Dominion Freight Line's on-time delivery record?
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Does Old Dominion Freight Line offer international services?
Where can I find career opportunities with Old Dominion Freight Line?
What are Old Dominion Freight Line's strategic initiatives?
