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Quarterly Earnings

The maker of commercial electric vehicles won’t meet its projected production target of 300-400 vehicles in 2020 in part due to more than 36% of its production-related staff having contracted the coronavirus or quarantined awaiting results.

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What First-Quarter Fleet Earnings Tell Us

The 3.2% first-quarter GDP figure released by the Commerce Department seems to portray a stronger volume environment than was experienced by the trucking industry, judging by first quarter fleet earnings.

Earnings Watch: ODFL Boosts Q3 Revenue 21.2% to $1.06 Billion

Old Dominion Freight Line benefited from the strong economy with a record-setting quarter. The North-Carolina-based less-than-truckload carrier reported on Oct. 25 that its third-quarter revenue rose 21.2% to $1.06 billion and that its diluted earnings per share grew by 71% to $2.12.

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