Old Dominion Freight Line, Inc. - Common Stock (ODFL)
173.82
-1.17 (-0.67%)
Old Dominion Freight Line is a leading provider of regional and interregional less-than-truckload (LTL) transportation services in the United States
The company specializes in delivering freight efficiently while maintaining a high standard of customer service. With a robust network of terminals and a modern fleet, Old Dominion facilitates the movement of goods across various industries, ensuring timely deliveries and dependable logistics solutions. Their operations are characterized by a focus on operational excellence, technological advancement, and a commitment to sustainability, positioning them as a key player in the transportation sector.
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While facing near-term volume pressures, management says Old Dominion's sustained investment in network capacity and operational excellence positions it strongly for eventual market recovery.
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Freight carrier Old Dominion (NASDAQODFL) reported Q4 CY2024 results topping the market’s revenue expectations, but sales fell by 7.3% year on year to $1.39 billion. Its GAAP profit of $1.23 per share was 5.9% above analysts’ consensus estimates.
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