ODFL
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News
Old Dominion sees continued tonnage weakness in July
Old Dominion reported continued LTL volume weakness in July. Near-term volume relief may be hard to come by as domestic and global macroeconomic trends remain…
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Company earnings
Updated: Old Dominion beats earnings on lower OR, but no 2019 revenue guidance
CEO Gantt lowered capex guidance by $10 million to $480 million, likely reflecting top line headwinds, but we’re waiting to hear updated revenue guidance in…
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Economics
At Stifel, Satterfield explained what Old Dominion does with all that cash
ODFL spends money on aggressive capex building out its network of service centers and maintaining a low tractor-to-trailer ratio, as well as, increasingly, share buybacks.
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Less than Truckload
LTL in Northeast struggles to right itself after body blow of NEMF bankruptcy
LTL space in Northeast will be at premium once NEMF goes out. Here’s how everyone is adjusting to the new reality.
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Company earnings
Old Dominion beats Q4 earnings estimates, keeps OR below 80 mark
Old Dominion’s operating ratio (OR) improved 520 basis points in the fourth quarter, moving from 83.9 percent to 78.7 percent year-over-year. This is the third…
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Company earnings
Old Dominion’s Q3 results: best in class LTL and getting better
OD’s top line revenue grew 21.2% year over year to $1.06B and earnings per share swelled 71% to $2.12. Even more impressively, Old Dominion achieved…
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Economics
1Q earnings results expected to be muted after banner 2017
After strong fourth-quarter earnings results, weather and other external forces are expected to weigh on earnings reports in the first quarter, resulting in a mixed…
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