Old Dominion Freight Line Company Profile
Old Dominion Freight Line, Inc. (NASDAQ: ODFL) is a leading, less-than-truckload (“LTL”), union-free company providing premium service to all its customers. OD offers regional, inter-regional and national LTL service. In addition to its core LTL services, the company offers its customers a broad range of logistics services including ground and air expedited transportation, supply chain consulting, transportation management, truckload brokerage, container delivery and warehousing. In addition, Old Dominion offers a consumer product for household moving: OD Household Services. Through strategic partnerships, the Company also offers international freight forwarding services throughout the world. Old Dominion’s claims ratio and on-time record are among the best in the industry. For more than 80 years, Old Dominion has been helping the world keep promises.
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Old Dominion Freight Line
500 Old Dominion WayThomasville, North Carolina, 27360
United States
(336) 889-5000
(800) 432 6335
(336) 822-5239
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New survey explores the key freight challenges that shippers are dealing with and the various ways that carrier performance affects...
Chip Overbey, senior vice president of strategic planning at Old Dominion Freight Line, explains the value that its continual investment...
Old Dominion Freight Line News & Resources
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Ranking the Top 50 Trucking Companies of 2024
April 4, 2024
FedEx? Old Dominion? XPO? Find out which trucking companies are leading the way.
Top 50 Trucking Companies 2024: Accept the challenge and adapt
April 1, 2024
The best fleets, buffeted by higher costs and now increasing environmental mandates, manage to stay ahead of competition through vision, strategy, and execution. But in the end, executives say it’s their people who make the biggest difference.
Old Dominion Freight Line issues February operating metrics
March 5, 2024
ODFL reported that revenue per day rose 1.2% annually, driven by an increased in LTL revenue per hundredweight, which was slightly offset by a 3.0% decrease in LTL tons per day. The company added that the change in daily LTL tons was attributed to a 3.2% decrease in LTL weight per shipment that was partially offset by a 0.2% increase in LTL shipments per day.
LTL Update: Enter the post-Yellow world
March 1, 2024
The cessation of Yellow continues to have repercussions throughout the $58 billion LTL market. Now, a shuffling of the capacity equation is causing strategic changes, and shippers need to adapt to the new alignment of resources to find operational success.
ODFL issues November operating metrics
December 7, 2023
ODFL reported that revenue per day fell 0.9% compared to November 2022, which it said was mainly driven by a 2.3% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. And it added that the change in LTL tons per day was attributed to a 2.9% decrease in LTL weight per shipment that was partially offset by a 0.6% increase in daily LTL shipments.
Estes’ $1.52 billion bid beats ODFL’s bankruptcy offer for Yellow terminals
September 22, 2023
The first big winner in the bankruptcy dismantling of Yellow Corp. is less-than-truckload (LTL) rival, Richmond, Va.-based Estes Express, the nation’s fourth-largest LTL carrier.
Old Dominion Freight Line issues third quarter operating metrics update
September 7, 2023
ODFL reported that revenue per day was down 1.4% annually in August, driven by a 6.0% decrease in LTL tons per day, which was partially offset by an increase in LTL revenue per hundredweight. And it added that the decrease in daily LTL tonnage was related to a 1.2% decrease in LTL shipments per day and also a 4.8% decrease in LTL weight per shipment.
ODFL, Estes Express Battling for Yellow Corp.’s Assets
August 21, 2023
The battle for the remaining assets of Yellow Corp. is heading up as Old Dominion and Estes engage in a battle for terminals.
100-Year-Old Freight Yellow Corp. Has Entered Bankruptcy
August 1, 2023
Yellow Corp. didn’t need a Teamsters strike to enter bankruptcy - in its 100th year, Yellow did it completely on its own.
2023 State of Logistics: LTL
July 10, 2023
LTL anticipating second-half bounce.
ODFL issues Q2 operating metrics update
June 6, 2023
ODFL reported that revenue per day fell 15.7% in May compared to May 2022, which it said was mainly driven by a 14.4% decrease in LTL tons per day. And it said that the decrease in LTL tons per day was due to an 11.4% decrease in LTL shipments per day and a 3.4% decrease in LTL weight per shipment.
Q&A: Adam Satterfield, CFO, Old Dominion Freight Line
March 22, 2023
Logistics Management Group News Editor Jeff Berman recently spoke with Adam Satterfield, CFO of Thomasville, North Carolina-based national less-than-truckload (LTL) carriers Old Dominion Freight Line about various industry trends and themes, including: the current state of the LTL market, the freight economy, rates and pricing, and supply chain shifts, among others.
ODFL announces additional executive leadership changes
March 2, 2023
Following its recent announcement signaling a major executive leadership change, in which effective July 1, 2023, Kevin M. (“Marty") Freeman will succeed Greg C. Gantt as ODFL President and Chief Executive Officer, as per its Board of Directors, Thomasville, N.C.-based national less-than-truckload carrier Old Dominion Freight Line (ODFL) announced additional executive leadership changes this week.
ODFL announces executive leadership change
February 1, 2023
The company announced this week that, effective July 1, 2023, Kevin M. (“Marty") Freeman will succeed Greg C. Gantt as ODFL President and Chief Executive Officer, as per its Board of Directors. It added that Gantt will retire from ODFL on June 30, 2023, with the expectation he will remain a company board member.
Old Dominion issues solid fourth quarter update
December 6, 2022
ODFL reported that revenue per day increased 7.3% annually, driven by an LTL revenue per hundredweight increase, which it said was offset by an 8.6% decrease in LTL tons per day.