The Latest Breaking News from ODFL

Old Dominion Freight Line (NASDAQ:ODFL) has outperformed the market over the past 5 years by 22.72% on an annualized basis producing an average annual return of 33.68%. Currently, Old Dominion Freight Line has a market capitalization of $29.71 billion.

Monday marks the last chance for investors to receive the next dividend payout from Old Dominion Freight Line (NASDAQ:ODFL).

Supply chain disruptions have led to rising trucking rates, and those rising rates have been attracting more supply. Furthermore, many analysts expect the economy to suffer a recession due to aggressive interest rate hikes and rising geopolitical tensions. With the possibility of oversupply and recession, we think it could be…

Old Dominion Freight Line Inc (NASDAQ:ODFL) reported first-quarter revenue growth of 32.9% year-over-year to $1.49 billion, beating the consensus of $1.45 billion. Revenue growth reflects a 17.4% increase in LTL revenue per hundredweight and a 12.0% increase in LTL tons per day. EPS improved by 53% Y/Y to $2.60, beating the consensus…

High fuel prices have significantly raised the operating expenses of trucking companies. Moreover, the rising wages in a tight trucking driver market add to the woes. Given this backdrop, today I’ll take a look at prominent trucking stocks Old Dominion Freight (ODFL), Knight-Swift Transportation (KNX), and TFI International (TFII) to…

Old Dominion Freight Line Inc (NASDAQ:ODFL) revealed its expansion efforts with service center growth in seven cities in 4Q21 and 1Q22. The less-than-truckload (LTL) carrier's new or improved facilities include Alliance, Texas; Byhalia, Mississippi; Clear Lake, Iowa; Kernersville, North Carolina; Marysville, Washington; West Columbia, South Carolina; and Westfield, Massachusetts. The company specified that…

Broadcom and CVS stock head this list of five stocks offering early entry points that are worth a look in the newly confirmed market rally.

Old Dominion Freight Line Inc (NASDAQ:ODFL) reports February 2022 operating metrics, with revenue per day increasing 38.3% compared to February 2021. The increase reflects an 18.3% increase in LTL tons per day and an increase in LTL revenue per hundredweight. LTL shipments per day increased 19.8%, partially offset by a 1.3% decrease…

Wells Fargo analyst Allison Poliniak-Cusic raised the price target on Old Dominion Freight Line Inc (NASDAQ:ODFL) to $348 (an upside of 12.5%) from $335 and maintained an Equal Weight rating on the shares. The analyst notes that as the best-in-class LTL provider, Q4 results reflected the strength in its growth and execution strategy. Related: Old Dominion Freight…

Old Dominion Freight Line Inc (NASDAQ:ODFL) reported fourth-quarter revenue growth of 31.4% year-over-year to $1.41 billion, beating the consensus of $1.38 billion. Revenue growth reflects a 16.1% growth in LTL revenue per hundredweight and a 14.3% increase in LTL tons per day. EPS improved by 49.7% Y/Y to $2.41, beating the consensus of…