TopNews

Old Dominion Freight Line

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November 11, 2014 - Industry News

ODFL Announces $200 Million Stock Buyback

Old Dominion Freight Line Inc. has approved a stock repurchase program authorizing the North Carolina-based trucking company to repurchase up to $200 million of its outstanding common stock.

Tags: Old Dominion Freight Line, Fleets

October 30, 2014 - Industry News

ODFL Reports Record Third Quarter Earnings, Revenue

Less-than-truckload carrier Old Dominion Freight Line Inc. has announced a 29.5% increase in third quarter net income totaling $77.9 million.

Tags: Old Dominion Freight Line, Fleets, Earnings

October 20, 2014 - Industry News

ODFL Opening New Memphis Terminal

Memphis serves as one of the company’s busiest freight hubs due to its proximity to Interstate 40, Interstate 55, three major rail heads, the largest American cargo airport and the nation’s second largest inland port.

Tags: LTL, Tennessee, Old Dominion Freight Line, Fleets

September 29, 2014 - Industry News

Old Dominion Adds 2 New Drayage Facilities

Photo: Old Dominion.

Old Dominion Freight line added drayage facilities in Dallas and Nashville, which it says are strategically positioned near major railheads to accommodate growing demands domestically and globally.

Tags: Trailers, Old Dominion Freight Line, Railroads, LTL, Fleets, Texas, Tennessee

September 3, 2014 - Industry News

ODFL Raises Third Quarter Expectations

The North Carolina-based operation also affirmed its previously announced expectations for growth in its LTL revenue per hundredweight.

Tags: Old Dominion Freight Line, Fleets, Freight, Earnings

July 31, 2014 - Industry News

ODFL Profit Jumps 26.5%, ArcBest Triples

Photo: Evan Lockridge

Less-than-truckload carrier, Old Dominion Freight Line, posted a 19.1% increase in its second quarter revenue while profit gained by a wider margin.

Tags: Old Dominion Freight Line, Fleets, Earnings, Panther, ABF, ArcBest Corp.

June 25, 2014 - Industry News

ODFL Expands Maine Terminal

The renovated facility contains 43 doors, more than 60% more doors than the original service center. The company first established its presence in Maine in 2005.

Tags: Old Dominion Freight Line, Maine, Fleets

May 27, 2014 - Industry News

ODFL Raises Second Quarter Expectations

Less-than-truckload carrier Old Dominion Freight Line on Tuesday increased its outlook for growth in second-quarter revenue per hundredweight, excluding fuel surcharges, to a range of 3% to 3.5% from the same time in 2013.

Tags: Old Dominion Freight Line, Fleets, Freight

April 24, 2014 - Industry News

UPS Profit Falls, Old Dominion Earnings Grow 13.2%

Parcel delivery and trucking giant UPS has reported a lower first quarter profit despite higher revenue, while another major less-than-truckload player hit a record.

Tags: UPS, Old Dominion Freight Line, Fleets, Earnings, UPS Freight

April 16, 2014 - Industry News

Three Major LTLs Commit to uShip

Online freight marketplace uShip has announced three top national less-than-truckload carriers have committed to uShip’s shipper-direct LTL spot rate marketplace.

Tags: Con-way Freight, Information Technology, Old Dominion Freight Line, LTL, uShip, Fleets, YRC Freight

April 14, 2014 - Industry News

ODFL Increasing Rates Next Month by 4.3%

Less-than-truckload carrier Old Dominion Freight Line will increase its base rates by an average of 4.3% effective May 1.

Tags: Old Dominion Freight Line, Fleets, Freight Rates

April 8, 2014 - Industry News

Will ODFL Underprice its LTL Rivals Once Again?

Photo: Deborah Lockridge

The less-than-truckload industry is watching to see what move Old Dominion Freight Lines makes in the annual spring tariff-hike season.

Tags: Old Dominion Freight Line, LTL, Freight Rates

March 10, 2014 - Industry News

ODFL February LTL Tonnage Jumps, Expectations Raised

Old Dominion Freight Line on Monday reported an increase in its less-than-truckload tons per day for February of 11.7% compared with February 2013, following growth of 10.1% for January 2014 compared to the year before.

Tags: Old Dominion Freight Line, Fleets, Truck Tonnage, Tonnage

February 28, 2014 - Industry News

Trucking and Others Renew Fight Against Tolls

Photo: Somerset toll booth, Pennsylvania turnpike, by Doug Kerr, via Wikimedia Commons.

Businesses and organizations from numerous sectors of the U.S. economy, including in trucking, have renewed their efforts opposing tolls on existing federal interstates.

Tags: ATA, Congress, Tolls, Old Dominion Freight Line, Highway Funding, President Obama

February 6, 2014 - Industry News

ODFL Profit Jumps Nearly 20%

Less-than-truckload carrier Old Dominion Freight Line has released numbers showing revenue for the fourth quarter of 2013 increased 11% to $592.5 million from $533.8 million for the fourth quarter of 2012.

Tags: Old Dominion Freight Line, Fleets, Earnings

December 30, 2013 - Industry News

Old Dominion Relocates Fort Myers Service Center

Old Dominion Freight Line Inc. has relocated and expanded its Fort Myers Service Center to accommodate increased demand in the Southwest Florida region.

Tags: Old Dominion Freight Line, Expansion, Service Center

December 3, 2013 - Industry News

ODFL Forecasting Fourth Quarter Tonnage Growth

Less-than-truckload carrier Old Dominion Freight Line on Tuesday updated its expectations for growth in tons per day and revenue per hundredweight for the fourth quarter of this year, saying it now expects a larger increase in tons per day.

Tags: Old Dominion Freight Line, Fleets, Freight, Fleet Financials, LTL

November 5, 2013 - Industry News

Old Dominion Relocates Albuquerque Service Center

Old Dominion Freight Line Inc. relocated its Albuquerque Service Center to a larger facility. With 43 employees, the newly constructed service center contains 41 doors – a 40% increase from the previous location.

Tags: Relocation, Old Dominion Freight Line, Expansion, Service Center, Fleets

November 3, 2013 - Industry News

ODFL Board Member John R. “Jack” Congdon, Sr., Dead at 80

John R. “Jack” Congdon, Sr., a longtime member of the board of directors at Old Dominion Freight Line, has died following a battle with cancer. He was 80 years old.

Tags: Old Dominion Freight Line, Fleets, People

October 24, 2013 - Industry News

Old Dominion Boosts Third Quarter Profit Nearly 18%

The less-than-truckload carrier Old Dominion Freight Line has announced revenue was $616.5 million for the third quarter of this year, a 12.0% increase from $550.5 million for the third quarter of 2012.

Tags: Old Dominion Freight Line, Earnings

October 7, 2013 - Industry News

Old Dominion’s Executive Chairman Receives Salzberg Award

Syracuse University’s Whitman School of Management awarded Earl Congdon Jr., executive chairman of the board of Old Dominion Freight Line Inc., with the Harry E. Salzberg Medallion.

Tags: Old Dominion Freight Line, Salzberg Medallion

September 8, 2013 - Industry News

Old Dominion Donates Equipment to N.C. Veteran Truck Driving Program

Old Dominion Freight Line Inc. donated a tractor to the Johnston Community College Truck Driving School in support of the school’s driver training program for soldiers.

Tags: FMCSA, Old Dominion Freight Line, Veterans

July 25, 2013 - Industry News

Old Dominion Profit Soars in Second Quarter

Less-than-truckload carrier Old Dominion Freight Line has reported a big boost in profit and business for the second quarter of the year as well as the first half of 2013.

Tags: Fleet Financials, Old Dominion Freight Line, Earnings, Fleets

June 28, 2013 - Industry News

Judge Rules Against Old Dominion in EEOC Case

Old Dominion Freight Line's policy of not allowing drivers back behind the wheel after treatment for alcoholism was found to violate the Americans with Disabilities Act.

A federal judge in Arkansas has ruled against Old Dominion Freight Line in a case over a truck driver who self-reported alcohol abuse and the company’s “no return” policy for drivers who suffer from such problems.

Tags: Old Dominion Freight Line, Litigation, EEOC

June 17, 2013 - Industry News

Old Dominion to Raise Rates based on Distance, Service

The increased rate provides for a nominal increase in intrastate, interstate and cross-border lane charges. The new rate will also offset the rising costs of new equipment and insurance, while preserving competitive wages and benefits for employees.

Tags: Old Dominion Freight Line, Freight Rates, Fleets, LTL

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