Stock Data
$4.95 (2.34%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
TRUCKING
Old Dominion Freight Line Inc is a premier transportation company based in Thomasville, North Carolina, specializing in less-than-truckload shipments across the United States and North America. With a rich history dating back to 1934, it offers a range of services including regional, inter-regional, and national deliveries, expedited transportation, and value-added services like container drayage, truckload brokerage, and supply chain consulting. The company boasts a large fleet of vehicles and trailers, alongside numerous service centers and maintenance facilities, ensuring reliable and efficient freight solutions.
Old Dominion crushed Q2 with a 9.7% EPS beat as pricing power drove a 15.2% surge in LTL revenue per hundredweight, more than offsetting a 4.1% decline in freight volumes and pushing its operating ratio to 70.1%.
Old Dominion reports Q2 results at 7 AM ET, a bellwether for trucking health and consumer demand that Wall Street watches as a macro barometer for the entire economy.
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