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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 Dow Jones Transportation Average ( DJTA, also called the "Dow Jones Transports") is a U.S. stock market index from S&P Dow Jones Indices of the transportation sector, and is the most widely recognized gauge of the American transportation sector. It is the oldest stock index still in use, even older than its better-known relative, the Dow ...
Investors need to pay close attention to Old Dominion (ODFL) stock based on the movements in the options market lately.
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Update Nov. 2021. I'm working on expanding and revising this article. Started by removing a whole bunch of marketing/advertising cruft that had crept in at some point. Now adding additional sources and expanding the History section. My first pass is going to be a bit verbose but it will all be as accurate as possible and have appropriate inline ...
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