Old Dominion Freight Line
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Trucking
Real Estate Roundup: Saia growth tied to hunt for new business
A number of trucking companies are expanding and/or upgrading their terminal systems.
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News
Truckload stocks upgraded as fundamentals ‘bottom’
Truckload stocks get an upgrade at Goldman Sachs. Analyst cites "bottoming" fundamentals and the likelihood that the trucking downturn is nearing the midway point as…
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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
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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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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.
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Less than Truckload
Old Dominion report sees an LTL market that is slowing
Saia's interim report also showed a slowdown in LTL activity.
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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.
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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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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.
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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.
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