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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]
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.
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 ]
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) is expected to report Q4 earnings on Feb. 7. Here's what Wall Street wants to see: The 10-second takeaway Comparing the upcoming quarter to the prior-year ...
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