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Old Dominion Freight Line, Inc. traces its origins to 1934 when husband and wife Earl Congdon, Sr. and Lillian Congdon (née Herbert) founded the company with a single straight truck running between Richmond and Norfolk, Virginia. [7] [8] The name is a reference to a common nickname for the Commonwealth of Virginia, the "Old Dominion". [9]
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The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average ). The index includes about 80 percent of the American equity market by capitalization.
Southeastern Freight Lines was founded in 1950 by William T. Cassels in Lexington, South Carolina. The company first had 14 trucks and 20 employees with a $5,000 loan. [4] In 1975 W. T. "Bill" Cassels, Jr. became President of Southeastern Freight.
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Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Based on Old Dominion Freight Line, Inc.'s (NASDAQ:ODFL) earnings update in December 2018...