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Articles from Old Dominion Freight Line, Inc.

Old Dominion Freight Line to Webcast Fourth Quarter and Year-End 2024 Conference Call
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its fourth quarter and year-end 2024 financial results before opening of trading on Wednesday, February 5, 2025. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, February 5, 2025.
By Old Dominion Freight Line, Inc. · Via Business Wire · January 8, 2025
Old Dominion Freight Line Provides Update for Fourth Quarter 2024
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for November 2024. Revenue per day decreased 8.2% as compared to November 2023 due to an 8.0% decrease in LTL tons per day and a slight decrease in LTL revenue per hundredweight. The decrease in LTL tons per day was attributable to a 6.8% decrease in LTL shipments per day and a 1.2% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight decreased 1.2% as compared to the same period last year and LTL revenue per hundredweight, excluding fuel surcharges, increased 3.7% as compared to the same period last year.
By Old Dominion Freight Line, Inc. · Via Business Wire · December 3, 2024
Old Dominion Freight Line, Inc. Announces General Rate Increase
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced a general rate increase (GRI) of 4.9 percent applicable to rates established under the existing ODFL 559, 670, and 550 tariffs, effective December 2, 2024.
By Old Dominion Freight Line, Inc. · Via Business Wire · November 18, 2024
Old Dominion Freight Line Announces Partnership with Folds of Honor
Old Dominion Freight Line (OD) is proud to announce its partnership with Folds of Honor, a non-profit organization dedicated to providing educational scholarships to families of fallen or disabled US service members and first responders. OD’s corporate donation will be directed to providing scholarship funding for students pursuing education in supply chain management, operations, transportation, or obtaining their commercial driver’s license (CDL).
By Old Dominion Freight Line, Inc. · Via Business Wire · November 8, 2024
Old Dominion Freight Line Reports Third Quarter 2024 Earnings Per Diluted Share of $1.43
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and nine-month periods ended September 30, 2024.
By Old Dominion Freight Line, Inc. · Via Business Wire · October 23, 2024
Old Dominion Freight Line Announces $0.26 Per Share Quarterly Cash Dividend
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.26 per share of common stock, payable on December 18, 2024, to shareholders of record at the close of business on December 4, 2024. After giving effect to the Company’s March 2024 two-for-one stock split, this dividend payment represents a 30% increase to the quarterly cash dividend paid in December 2023.
By Old Dominion Freight Line, Inc. · Via Business Wire · October 17, 2024
Old Dominion Freight Line Named #1 National LTL Carrier for Quality by Mastio & Company for 15th Consecutive Year
Old Dominion Freight Line, Inc. (OD), a leading less-than-truckload (LTL) motor carrier, has been named the #1 National LTL Carrier for Quality by Mastio & Company for an unprecedented 15th consecutive year. The comprehensive industry study of LTL carriers ranked OD as the top carrier for quality according to logistics professionals surveyed on carrier performance for 15 straight years, dating back to 2010.
By Old Dominion Freight Line, Inc. · Via Business Wire · October 16, 2024
Old Dominion Freight Line to Webcast Third Quarter 2024 Conference Call
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its third quarter 2024 financial results before opening of trading on Wednesday, October 23, 2024. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, October 23, 2024.
By Old Dominion Freight Line, Inc. · Via Business Wire · September 25, 2024
Old Dominion Freight Line Provides Update for Third Quarter 2024
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for August 2024. Revenue per day decreased 5.2% as compared to August 2023 due to a 6.1% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 5.0% decrease in LTL shipments per day and a 1.1% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 3.0% and 4.9%, respectively, as compared to the same period last year.
By Old Dominion Freight Line, Inc. · Via Business Wire · September 4, 2024
Old Dominion Freight Line Reports Second Quarter 2024 Earnings Per Diluted Share of $1.48
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and six-month periods ended June 30, 2024.
Old Dominion Freight Line Announces $0.26 Per Share Quarterly Cash Dividend
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.26 per share of common stock, payable on September 18, 2024, to shareholders of record at the close of business on September 4, 2024. After giving effect to the Company’s March 2024 two-for-one stock split, this dividend payment represents a 30% increase to the quarterly cash dividend paid in September 2023.
Old Dominion Freight Line Releases 2023 ESG Data Supplement
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced the release of its 2023 Environmental, Social and Governance (ESG) Data Supplement. The 2023 ESG Data Supplement disclosures have been informed by the Sustainability Accounting Standards Board (SASB) Road Transportation Sustainability Accounting Standard and Global Reporting Initiative (GRI) Standards. The ESG Data Supplement is available under the Corporate Responsibility section of the Company’s investor website at ir.odfl.com.
Old Dominion Freight Line to Webcast Second Quarter 2024 Conference Call
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its second quarter 2024 financial results before opening of trading on Wednesday, July 24, 2024. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, July 24, 2024.
Old Dominion Freight Line Provides Update for Second Quarter 2024
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for May 2024. Revenue per day increased 5.6% as compared to May 2023 due to a 1.5% increase in LTL tons per day and an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 2.3% increase in LTL shipments per day that was partially offset by a 0.7% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 4.2% and 4.7%, respectively, as compared to the same period last year.
Old Dominion Freight Line Announces $0.26 Per Share Quarterly Cash Dividend
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.26 per share of common stock, payable on June 19, 2024, to shareholders of record at the close of business on June 5, 2024. After giving effect to the Company’s March 2024 two-for-one stock split, this dividend payment represents a 30% increase to the quarterly cash dividend paid in June 2023.
Old Dominion Freight Line Reports First Quarter 2024 Earnings Per Diluted Share of $1.34
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month period ended March 31, 2024.
Old Dominion Freight Line to Webcast First Quarter 2024 Conference Call
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its first quarter 2024 financial results before opening of trading on Wednesday, April 24, 2024. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, April 24, 2024.
Old Dominion Freight Line Provides Update for First Quarter 2024
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for February 2024. Revenue per day increased 1.2% as compared to February 2023 due to an increase in LTL revenue per hundredweight that was slightly offset by a 3.0% decrease in LTL tons per day. The change in LTL tons per day was attributable to a 3.2% decrease in LTL weight per shipment that was partially offset by a 0.2% increase in LTL shipments per day. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 3.7% and 7.1%, respectively, as compared to the same period last year.
Old Dominion Freight Line Declares Two-for-One Stock Split
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has approved a two-for-one stock split of its common stock. The split will be effected by issuing one additional share of common stock for every share of common stock held. The additional shares will be distributed by Computershare Trust Company, N.A., the Company’s transfer agent, on March 27, 2024, to shareholders of record as of the close of business on the record date of March 13, 2024. Upon completion of the split, the Company will have approximately 217,600,000 shares outstanding.
By Old Dominion Freight Line, Inc. · Via Business Wire · February 16, 2024
Old Dominion Freight Line Reports Fourth Quarter 2023 Earnings Per Diluted Share of $2.94
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and twelve-month periods ended December 31, 2023.
By Old Dominion Freight Line, Inc. · Via Business Wire · January 31, 2024
Old Dominion Freight Line to Webcast Fourth Quarter and Year-End 2023 Conference Call
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its fourth quarter and year-end 2023 financial results before opening of trading on Wednesday, January 31, 2024. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, January 31, 2024.
By Old Dominion Freight Line, Inc. · Via Business Wire · January 3, 2024
Old Dominion Freight Line Provides Update for Fourth Quarter 2023
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for November 2023. Revenue per day decreased 0.9% as compared to November 2022, primarily due to a 2.3% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 2.9% decrease in LTL weight per shipment that was partially offset by a 0.6% increase in LTL shipments per day. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 3.1% and 7.6%, respectively, as compared to the same period last year.
By Old Dominion Freight Line, Inc. · Via Business Wire · December 5, 2023
Old Dominion Freight Line, Inc. Announces General Rate Increase
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced a general rate increase (GRI) of 4.9 percent applicable to rates established under the existing ODFL 559, 670, and 550 tariffs, effective December 4, 2023.
By Old Dominion Freight Line, Inc. · Via Business Wire · November 13, 2023
Old Dominion Freight Line Reports Third Quarter 2023 Earnings Per Diluted Share of $3.09
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and nine-month periods ended September 30, 2023.
By Old Dominion Freight Line, Inc. · Via Business Wire · October 25, 2023
Old Dominion Freight Line Receives Prestigious Mastio Quality Award for the 14th Consecutive Year
Old Dominion Freight Line, Inc. (OD), a leading national Less-Than-Truckload carrier, has been named the winner of the Mastio Quality Award for the 14th consecutive year. This esteemed award, determined by logistics professionals, is presented annually to the #1 national LTL carrier for quality by Mastio & Company. OD has once again demonstrated its unwavering commitment to excellence and customer satisfaction.
By Old Dominion Freight Line, Inc. · Via Business Wire · October 24, 2023
Old Dominion Freight Line Announces $0.40 Per Share Quarterly Cash Dividend
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per share of common stock, payable on December 20, 2023, to shareholders of record at the close of business on December 6, 2023. This dividend represents a 33.3% increase over the dividend paid in December 2022.
By Old Dominion Freight Line, Inc. · Via Business Wire · October 19, 2023
Old Dominion Freight Line to Webcast Third Quarter 2023 Conference Call
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its third quarter 2023 financial results before opening of trading on Wednesday, October 25, 2023. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, October 25, 2023.
By Old Dominion Freight Line, Inc. · Via Business Wire · September 27, 2023
Old Dominion Freight Line Provides Update for Third Quarter 2023
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for August 2023. Revenue per day decreased 1.4% as compared to August 2022, primarily due to a 6.0% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 1.2% decrease in LTL shipments per day and a 4.8% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 1.8% and 8.8%, respectively, as compared to the same period last year.
By Old Dominion Freight Line, Inc. · Via Business Wire · September 6, 2023
Old Dominion Freight Line Reports Second Quarter 2023 Earnings Per Diluted Share of $2.65
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and six-month periods ended June 30, 2023.
Old Dominion Freight Line Announces $0.40 Per Share Quarterly Cash Dividend
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per share of common stock, payable on September 20, 2023, to shareholders of record at the close of business on September 6, 2023. This dividend represents a 33.3% increase over the dividend paid in September 2022.
Old Dominion Freight Line Releases 2022 ESG Report
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today the release of its 2022 Environmental, Social and Governance (ESG) Report. The 2022 ESG Report content has been informed by the Sustainability Accounting Standards Board (SASB) Road Transportation Sustainability Accounting Standard and is reported with reference to the Global Reporting Initiative (GRI) standards. The ESG Report is available under the Corporate Responsibility section of the Company’s investor website at ir.odfl.com.
Old Dominion Freight Line to Webcast Second Quarter 2023 Conference Call
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its second quarter 2023 financial results before opening of trading on Wednesday, July 26, 2023. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, July 26, 2023.
Old Dominion Freight Line Provides Update for Second Quarter 2023
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for May 2023. Revenue per day decreased 15.7% as compared to May 2022 primarily due to a 14.4% decrease in LTL tons per day. The change in LTL tons per day was attributable to an 11.4% decrease in LTL shipments per day and a 3.4% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 0.1% and 7.9%, respectively, as compared to the same period last year.
Old Dominion Freight Line Announces $0.40 Per Share Quarterly Cash Dividend
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per share of common stock, payable on June 21, 2023, to shareholders of record at the close of business on June 7, 2023. This dividend represents a 33.3% increase over the dividend paid in June 2022.
Old Dominion Freight Line Announces New Executive Officer
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that effective immediately, its Board of Directors has elected Christopher J. Kelley, who currently serves as the Company’s Vice President – Central States Region, to serve as the Company’s Senior Vice President – Operations.
Old Dominion Freight Line Reports First Quarter 2023 Earnings Per Diluted Share Of $2.58
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month period ended March 31, 2023.
Old Dominion Freight Line to Webcast First Quarter 2023 Conference Call
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its first quarter 2023 financial results before opening of trading on Wednesday, April 26, 2023. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, April 26, 2023.
Old Dominion Freight Line Provides Update for First Quarter 2023
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for February 2023. Revenue per day decreased 2.9% as compared to February 2022 due to a 12.4% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 10.1% decrease in LTL shipments per day and a 2.5% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 12.1% and 8.6%, respectively, as compared to the same period last year.
Old Dominion Freight Line Announces Planned Executive Leadership Team Transitions
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that effective July 1, 2023, its Board of Directors has elected Gregory B. Plemmons, who currently serves as Senior Vice President – Sales, to succeed Kevin M. (“Marty”) Freeman as the Company’s Executive Vice President and Chief Operating Officer and Steven W. Hartsell, who currently serves as Vice President – Field Sales, to succeed Mr. Plemmons as the Company’s Senior Vice President – Sales. As previously announced, Mr. Freeman will succeed Greg C. Gantt as the Company’s President and Chief Executive Officer effective July 1, 2023.
Old Dominion Freight Line Reports Fourth Quarter 2022 Earnings Per Diluted Share Of $2.92
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and twelve-month periods ended December 31, 2022.
By Old Dominion Freight Line, Inc. · Via Business Wire · February 1, 2023
Old Dominion Freight Line Announces Chief Executive Officer Transition
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that effective July 1, 2023, its Board of Directors has elected Kevin M. (“Marty”) Freeman to succeed Greg C. Gantt as the Company’s President and Chief Executive Officer. Mr. Gantt will retire from the Company effective June 30, 2023, but expects to remain a member of the Company’s Board of Directors. Mr. Freeman, who has served as the Company’s Executive Vice President and Chief Operating Officer since May 2018, joined the Company in February 1992 and has assumed ever-increasing roles and responsibilities over the past 30 years.
By Old Dominion Freight Line, Inc. · Via Business Wire · January 31, 2023
Old Dominion Freight Line to Webcast Fourth Quarter and Year-End 2022 Conference Call
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its fourth quarter and year-end 2022 financial results before opening of trading on Wednesday, February 1, 2023. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, February 1, 2023.
By Old Dominion Freight Line, Inc. · Via Business Wire · January 6, 2023
Old Dominion Freight Line, Inc. Announces General Rate Increase
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced a general rate increase (GRI) of 4.9 percent applicable to rates established under the existing ODFL 559, 670, and 550 tariffs, effective January 3, 2023.
By Old Dominion Freight Line, Inc. · Via Business Wire · December 15, 2022
Old Dominion Freight Line Provides Update for Fourth Quarter 2022
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for November 2022. Revenue per day increased 7.3% as compared to November 2021 due to an increase in LTL revenue per hundredweight that was slightly offset by an 8.6% decrease in LTL tons per day. The change in LTL tons per day was attributable to a 7.3% decrease in LTL shipments per day and a 1.4% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 17.3% and 8.6%, respectively, as compared to the same period last year.
By Old Dominion Freight Line, Inc. · Via Business Wire · December 5, 2022
Old Dominion Freight Line Reports Third Quarter 2022 Earnings Per Diluted Share of $3.36
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and nine-month periods ended September 30, 2022. The financial results for the third quarter of 2022 include a one-time reduction in salaries, wages and benefit expense of $15.8 million attributable to the termination of the employment agreement with the Company's Executive Chairman in August 2022. While our Executive Chairman remains employed by the Company, the termination of this agreement eliminated the accrued obligations for certain post-employment benefits.
By Old Dominion Freight Line, Inc. · Via Business Wire · October 26, 2022
Old Dominion Freight Line Announces $0.30 Per Share Quarterly Cash Dividend
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share of common stock, payable on December 21, 2022, to shareholders of record at the close of business on December 7, 2022. This dividend represents a 50.0% increase over the dividend paid in December 2021.
By Old Dominion Freight Line, Inc. · Via Business Wire · October 20, 2022
Old Dominion Freight Line to Webcast Third Quarter 2022 Conference Call
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its third quarter 2022 financial results before opening of trading on Wednesday, October 26, 2022. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, October 26, 2022.
By Old Dominion Freight Line, Inc. · Via Business Wire · September 28, 2022
Old Dominion Freight Line Provides Update for Third Quarter 2022
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for August 2022. Revenue per day increased 14.5% as compared to August 2021 due to an increase in LTL revenue per hundredweight that was slightly offset by a 0.9% decrease in LTL tons per day. The change in LTL tons per day was attributable to a 2.7% decrease in LTL shipments per day that was partially offset by a 1.8% increase in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 18.1% and 7.3%, respectively, as compared to the same period last year.
By Old Dominion Freight Line, Inc. · Via Business Wire · September 7, 2022
Old Dominion Freight Line Releases 2021 ESG Data Supplement
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today the release of its 2021 Environmental, Social and Governance (ESG) Data Supplement. The 2021 ESG Data Supplement utilizes the Sustainability Accounting Standards Board (SASB) Road Transportation Sustainability Accounting Standard. The ESG Data Supplement is available under the Corporate Responsibility section of the Company’s investor website at ir.odfl.com.
By Old Dominion Freight Line, Inc. · Via Business Wire · August 31, 2022
Old Dominion Freight Line Reports Second Quarter 2022 Earnings Per Diluted Share Of $3.30
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and six-month periods ended June 30, 2022.
Old Dominion Freight Line Announces $0.30 Per Share Quarterly Cash Dividend
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share of common stock, payable on September 21, 2022, to shareholders of record at the close of business on September 7, 2022. This dividend represents a 50.0% increase over the dividend paid in September 2021.
Old Dominion Freight Line to Webcast Second Quarter 2022 Conference Call
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its second quarter 2022 financial results before opening of trading on Wednesday, July 27, 2022. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, July 27, 2022.
Old Dominion Freight Line Provides Update for Second Quarter 2022
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for May 2022. Revenue per day increased 26.0% as compared to May 2021 due to a 2.3% increase in LTL tons per day and an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 2.8% increase in LTL shipments per day that was partially offset by a 0.6% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 22.4% and 9.6%, respectively, as compared to the same period last year.
Old Dominion Freight Line Announces $0.30 Per Share Quarterly Cash Dividend
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share of common stock, payable on June 15, 2022, to shareholders of record at the close of business on June 1, 2022. This dividend represents a 50.0% increase over the dividend paid in June 2021.
Old Dominion Freight Line Reports First Quarter 2022 Earnings Per Diluted Share of $2.60
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month period ended March 31, 2022.
Old Dominion Freight Line to Webcast First Quarter 2022 Conference Call
Old Dominion Freight Line, Inc. (NASDAQODFL) announced today that it plans to release its first quarter 2022 financial results before opening of trading on Wednesday, April 27, 2022. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, April 27, 2022.
Old Dominion Freight Line Adds Capacity with Seven New or Expanded Facilities in Service Center Network
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announces its latest expansion efforts with service center growth in seven cities in the fourth quarter of 2021 and first quarter of 2022. The less-than-truckload (LTL) carrier’s new or improved facilities include Alliance, Texas, Byhalia, Miss., Clear Lake, Iowa, Kernersville, N.C., Marysville, Wash., West Columbia, S.C., and Westfield, Mass.
Old Dominion Freight Line Reports Fourth Quarter 2021 Earnings Per Diluted Share of $2.41
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and twelve-month periods ended December 31, 2021.
By Old Dominion Freight Line, Inc. · Via Business Wire · February 2, 2022
Old Dominion Freight Line Releases Inaugural ESG Report
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today the release of its inaugural Environmental, Social and Governance (ESG) Report. The 2020 ESG Report includes data from 2018 to 2020 and utilizes the Sustainability Accounting Standards Board (SASB) Road Transportation Sustainability Accounting Standard. The ESG Report is available under the Corporate Responsibility section of the Company’s investor website at ir.odfl.com.
By Old Dominion Freight Line, Inc. · Via Business Wire · January 21, 2022
ATA Selects Old Dominion Freight Line Driver as America’s Road Team Captain
Glen Kirk, an Indiana-based linehaul driver for Old Dominion Freight Line, Inc., has been named one of American Trucking Associations’ (ATA) 2022-2023 Road Team Captains. During Kirk’s two-year term as an ambassador, he will travel the country promoting safe driving practices and teaching others about opportunities in the transportation industry. This role is particularly important for the industry today as the need for more drivers continues.
By Old Dominion Freight Line, Inc. · Via Business Wire · January 20, 2022
Old Dominion Freight Line to Webcast Fourth Quarter and Year-End 2021 Conference Call
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its fourth quarter and year-end 2021 financial results before opening of trading on Wednesday, February 2, 2022. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, February 2, 2022.
By Old Dominion Freight Line, Inc. · Via Business Wire · January 5, 2022
Old Dominion Freight Line, Inc. Announces General Rate Increase
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced a general rate increase (GRI) of 4.9 percent applicable to rates established under the existing ODFL 559, 670, and 550 tariffs, effective January 3, 2022.
By Old Dominion Freight Line, Inc. · Via Business Wire · December 16, 2021
Old Dominion Freight Line Provides Update for Fourth-Quarter 2021
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for November 2021. Revenue per day increased 29.9% as compared to November 2020 due to an 11.5% increase in LTL tons per day and an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 15.2% increase in LTL shipments per day that was partially offset by a 3.2% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight excluding fuel surcharges increased 16.6% and 9.4%, respectively, as compared to the same period last year.
By Old Dominion Freight Line, Inc. · Via Business Wire · December 6, 2021
Mastio & Company Ranks Old Dominion Freight Line No. 1 National LTL Carrier for Quality for Twelfth Consecutive Year
Old Dominion Freight Line’s premium service has earned the Company the MASTIO Quality Award for national less-than-truckload (LTL) carriers for an unprecedented twelfth consecutive year. The industry’s most comprehensive study ranked Old Dominion as the top national carrier according to logistics professionals assessing carrier performance across 28 key attributes — more than half of which the Company outranked its competitors.
By Old Dominion Freight Line, Inc. · Via Business Wire · November 30, 2021
Old Dominion Freight Line Supports U.S. Military through USO Partnership
Old Dominion Freight Line, Inc. today announced a new partnership with the USO, designed to support active-duty service members and their families, and provide resources and programming that will help service members as they prepare to transition out of the military. The two-year partnership will take effect on January 1, 2022.
By Old Dominion Freight Line, Inc. · Via Business Wire · November 8, 2021
Old Dominion Freight Line Sustainability Efforts Earn Seventh Consecutive SmartWay® Excellence Award
Old Dominion Freight Line, Inc. has once again been recognized by the U.S. Environmental Protection Agency (EPA) for its efforts to reduce emissions and operate sustainably. The agency named Old Dominion a recipient of its 2021 SmartWay® Excellence Award, marking the seventh consecutive year the less-than-truckload (LTL) carrier has earned the honor. Old Dominion accepted the award during a virtual ceremony on October 27.
By Old Dominion Freight Line, Inc. · Via Business Wire · October 28, 2021
Old Dominion Freight Line Reports Third Quarter 2021 Earnings Per Diluted Share Of $2.47
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and nine-month periods ended September 30, 2021.
By Old Dominion Freight Line, Inc. · Via Business Wire · October 27, 2021
Old Dominion Freight Line Announces $0.20 Per Share Quarterly Cash Dividend
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock, payable on December 15, 2021, to shareholders of record at the close of business on December 1, 2021. This dividend represents a 33.3% increase over the dividend paid in December 2020.
By Old Dominion Freight Line, Inc. · Via Business Wire · October 21, 2021
Old Dominion Freight Line to Webcast Third Quarter 2021 Conference Call
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its third quarter 2021 financial results before opening of trading on Wednesday, October 27, 2021. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, October 27, 2021.
By Old Dominion Freight Line, Inc. · Via Business Wire · September 23, 2021
Old Dominion Freight Line Provides Update for Third-Quarter 2021
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for August 2021. Revenue per day increased 29.1% as compared to August 2020 due to a 10.9% increase in LTL tons per day and an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 17.3% increase in LTL shipments per day that was partially offset by a 5.5% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 15.5% and 9.9%, respectively, as compared to the same period last year.
By Old Dominion Freight Line, Inc. · Via Business Wire · September 7, 2021
Old Dominion Freight Line Meets Growing Demand in Six Markets with New, Expanded Service Centers
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) has continued to grow its service center network with six new and expanded facilities since February 2021. The Company introduced new service centers in Benicia, Calif., Phoenixville, Pa., and Kenosha, Wis., bringing its total count to 248 service centers, and relocated and/or expanded three more facilities in Colorado Springs, Colo., Milford, Conn. and Warren, Ohio. In the past 10 years, the Company has spent $1.7 billion in expanding its service center network equating to a 50 percent increase in door count during that period.
Old Dominion Freight Line Reports Second Quarter 2021 Earnings Per Diluted Share of $2.31
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and six-month periods ended June 30, 2021.
Old Dominion Freight Line Announces $0.20 Per Share Quarterly Cash Dividend
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock, payable on September 15, 2021, to shareholders of record at the close of business on September 1, 2021. This dividend represents a 33.3% increase over the dividend paid in September 2020.
Old Dominion Freight Line to Broadcast Second Quarter 2021 Conference Call on the Internet
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its second quarter 2021 financial results before opening of trading on Wednesday, July 28, 2021. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, July 28, 2021.
Old Dominion Freight Line Provides Update for Second-Quarter 2021
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for May 2021. Revenue per day increased 47.6% as compared to May 2020 due to a 28.3% increase in LTL tons per day and an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 32.6% increase in LTL shipments per day that was partially offset by a 3.2% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 15.3% and 11.1%, respectively, as compared to the same period last year.