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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]
The trucking industry employs 10 million people (out of a total national population of 300 million) [ 51 ] in jobs that relate directly to trucking. The trucking industry is the industry of small business, considering 93 percent of interstate motor carriers (over 500,000) operate 20 or fewer trucks. [ 52 ]
XPO LTL facility in Tomah, Wisconsin, formerly a Con-way Freight terminal. XPO is the second largest provider of less-than-truckload services in North America. [38] Since November 2022, the company's North American operations have been solely focused on LTL freight transportation. [39]
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 ...
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.
Old Dominion Freight Line (NAS: ODFL) reported earnings on April 26. Here are the numbers you need to know. The 10-second takeawayFor the quarter ended March 31 (Q1), Old Dominion Freight Line met ...
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