Old Dominion Freight Line

Less-than-truckload carrier Old Dominion Freight Line is sticking with its playbook as the freight downturn enters a fourth year.

Old Dominion Freight Line reported a modest earnings miss for the second quarter on Wednesday as volume declines were only partially offset by higher yields.

LTL carrier XPO had its debt rating cut by S&P..

Old Dominion Freight Line said in a Wednesday update that the soft trends experienced so far in 2025 continued through May.

Old Dominion Freight Line is only modestly altering near-term plans as it looks to take market share during the next less-than-truckload upswing.

Old Dominion Freight Line beat first-quarter expectations on Wednesday but lowered its capex budget as demand weakness lingers.

Less-than-truckload stocks bore the brunt of Liberation Day tariffs, falling 18% on average following the announcement and adding to an already down year.

Deutsche Bank relaunched coverage of the transportation space on Friday with a strong bias toward companies most likely to benefit from a pickup in the industrial economy.

Less-than-truckload carriers Old Dominion and Saia maintained their respective growth strategies in February while both await a market turn.

Old Dominion Freight Line is planning for a good 2025 back half and hasn’t given up on the first half yet.

Less-than-truckload carrier Old Dominion Freight Line beat fourth-quarter expectations Wednesday before the market opened.

A spinoff of FedEx Freight will give investors more options to play the less-than-truckload space.

XPO and Old Dominion reported tonnage declines in November, but both appear to be anticipating a market recovery.

Less-than-truckload carriers continue to take general rate increases even as the overall demand picture remains murky.

Continued weakness in freight demand weighed on Old Dominion’s third quarter, but the less-than-truckload carrier said current sequential trends are the best in two-and-a-half years.

Old Dominion Freight Line’s third-quarter came in slightly ahead of analysts’ lowered expectations, but its volume trends remained soft.

Daylight Transport and Old Dominion Freight Line garnered the top rankings in consulting and research firm Mastio’s 2024 survey of shippers.

Susquehanna Financial Group analyst Bascome Majors cut his earnings forecasts for less-than-truckload carriers following a soft August.

Some less-than-truckload carriers reported weaker tonnage trends in August but continued to capture increases in yields.

Old Dominion Freight Line beat second-quarter expectations Wednesday as it continues to ready its network for an improving freight economy where it plans to win market share.