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Old Dominion Freight Line - ODFL STOCK NEWS

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.

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Old Dominion Freight Line announces quarterly cash dividend of $0.40 per share
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Old Dominion Freight Line, Inc. plans to release its Q3 2023 financial results on October 25, 2023.
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Old Dominion Freight Line reports decrease in LTL tons per day for August 2023, causing a 1.4% decrease in revenue per day. However, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 1.8% and 8.8% respectively for the quarter-to-date period compared to last year. The decrease in tonnage is attributed to softness in the domestic economy and a change in freight mix. The company expects to focus on providing superior service to customers and winning market share.
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Old Dominion Freight Line announces financial results for Q2 2023, with a decrease in total revenue of 15.2% and diluted earnings per share of $2.65.
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FAQ

What is the current stock price of Old Dominion Freight Line (ODFL)?

The current stock price of Old Dominion Freight Line (ODFL) is $213.99 as of November 18, 2024.

What is the market cap of Old Dominion Freight Line (ODFL)?

The market cap of Old Dominion Freight Line (ODFL) is approximately 46.4B.

What services does Old Dominion Freight Line offer?

Old Dominion Freight Line offers regional, inter-regional, and national LTL services along with logistics services such as expedited transportation, supply chain consulting, transportation management, truckload brokerage, container delivery, and warehousing.

What is OD Household Services?

OD Household Services is a consumer product offered by Old Dominion Freight Line for household moving.

How many service centers does Old Dominion Freight Line operate?

Old Dominion Freight Line operates over 250 service centers across the United States.

What is Old Dominion Freight Line's claims ratio?

Old Dominion Freight Line is known for having one of the best claims ratios in the industry.

How many tractors does Old Dominion Freight Line operate?

Old Dominion Freight Line operates more than 11,000 tractors.

What is Old Dominion Freight Line's on-time delivery record?

Old Dominion Freight Line has an industry-leading on-time delivery record.

How long has Old Dominion Freight Line been in business?

Old Dominion Freight Line has been in business for over 80 years.

Does Old Dominion Freight Line offer international services?

Yes, through strategic partnerships, Old Dominion Freight Line offers international freight forwarding services.

Where can I find career opportunities with Old Dominion Freight Line?

Career opportunities with Old Dominion Freight Line can be found on their careers page at http://www.odfl.com/careers/.

What are Old Dominion Freight Line's strategic initiatives?

Old Dominion Freight Line's strategic initiatives focus on boosting network density through market share gains and maintaining industry-leading service quality via infrastructure investment.

Old Dominion Freight Line

Nasdaq:ODFL

ODFL Rankings

ODFL Stock Data

46.39B
186.83M
10.12%
80.42%
4.44%
Trucking
Trucking (no Local)
Link
United States of America
THOMASVILLE