LTL Carrier Old Dominion 3Q Financials Beat Analysts’ Expectations
Citing the strong U.S. economy and available capacity, Old Dominion Freight Line Inc. produced record results for revenue and profitability during the third quarter, CEO Greg Gantt said Oct. 25.
Old Dominion Accelerates Network Expansion
Old Dominion Freight Line Inc. announced it has upgraded six service centers as it continues to expand its network of 233 locations.
September 28, 2018Old Dominion Reports Strong August Numbers
Old Dominion Freight Line Inc. reported certain less-than-truckload operating metrics for August, including higher revenue, increases in tons per day and a slight decrease in LTL weight per shipment.
September 10, 2018Old Dominion Freight Lines Opens Five New Service Centers
Old Dominion Freight Line Inc. announced that by the end of the second quarter it will have opened five new service centers across the United States.
June 1, 2018Old Dominion Opens $10 Million Facility in Central Florida
Greg Gantt, CEO of Old Dominion Freight Line threw a homecoming party in Lakeland, Fla., on May 24, and he came with a $10 million gift.
Old Dominion Freight Line Posts Record First-Quarter Revenue of $925 Million
Old Dominion Freight Line Inc. reported total revenue for the first quarter increased by more than 22% to $925 million, the first time quarterly revenue exceeded $900 million in the company’s history. In 2017, first-quarter revenue was $754 million. Old Dominion said this is the fourth consecutive quarter of double-digit revenue growth.
April 26, 2018Old Dominion Reports Solid Fourth Quarter
Old Dominion Freight Line announced fourth-quarter and full-year results, reporting net income of $197.2 million, or $2.40 earnings per share, up from $68.5 million, or 83 cents, in the fourth quarter of 2016.
February 8, 2018Regulators Consider Up to One-Year Exemptions for ELD Integration Challenges
Federal trucking regulators are considering granting a one-year exemption from certain technical requirements of the electronic logging device mandate for carriers having difficulty integrating ELD software updates with their fleet managment systems.
Old Dominion Freight Line Opens 20th Texas Location
Old Dominion Freight Line cut the ribbon on a service center in Garland, Texas, the 228th location in North America and 20th in the Lone Star State.
November 13, 2017Old Dominion Scores Win in 3Q Earnings, Surges Past Wall Street Forecasts
Old Dominion Freight Line Inc. reported a 20% climb in profits to $102.3 million, or $1.24 per share, in third-quarter profits. The results were 8 cents better than the Bloomberg News consensus forecast of analysts.