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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]
In July, Old Dominion, long considered to be among the best operators, delivered quarterly results that helped put investors at ease. The company earned $1.48 per share on sales of $1.5 billion, a ...
Standard Carrier Alpha Code. The Standard Carrier Alpha Code (SCAC) is a privately controlled US code used to identify vessel operating common carriers (VOCC). It is typically two to four letters long. The National Motor Freight Traffic Association developed the SCAC code in the 1960s to help road transport companies computerize data and records.
A common property-carrying commercial vehicle in the United States is the tractor-trailer, also known as an "18-wheeler" or "semi". The trucking industry serves the American economy by transporting large quantities of raw materials, works in process, and finished goods over land—typically from manufacturing plants to retail distribution centers.
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Last quarter, Old Dominion Freight Line notched revenue of $532.6 million. GAAP reported sales were 7.1% higher than the prior-year quarter's $497.1 million. Source: S&P Capital IQ. Quarterly periods.
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