Old Dominion Freight Line
-
Company earnings
Old Dominion revenue drops for first time in three years as macro weakness bites
Old Dominion posts first year-on-year revenue drop in 3 years as macro weakness hits home
Read More » -
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…
Read More » -
Less than Truckload
Less-than-truckload carriers are left out of the weak volume conversation
A great deal of focus has been placed on the seasonal weakness in TL volumes, but LTL volume weakness is equaling concerning.
Read More » -
Less than Truckload
Old Dominion report sees an LTL market that is slowing
Saia's interim report also showed a slowdown in LTL activity.
Read More » -
Trucking
Today’s Pickup: Old Dominion pledges disaster relief support to Red Cross; teen inventors
Old Dominion has made a commitment to donate up to $250,000 to the American Red Cross Disaster Relief fund.
Read More » -
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…
Read More » -
Less than Truckload
AS YRC’s workers chew over contract, management tries to change the pricing narrative
As workers decide their fate, management works to wean itself off high-volume business.
Read More » -
Less than Truckload
Old Dominion raising rates 4.9% on May 1
The increase comes after a first quarter update that was strong on the pricing side but a little weaker on the tonnage picture.
Read More » -
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.
Read More » -
Company earnings
Trucking stock prices have plummeted; upcoming earnings will show whether that was justified
Everyone knew the quarter was weaker than it had been. The question is how much. Stock prices have reflected a significant slowdown.
Read More »