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, 2018Business
Old 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, 2018Government, Business, Technology, Equipment, Safety
Regulators 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.
January 30, 2018Business, Equipment, Logistics
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, 2017Business, Logistics
Old 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.
October 26, 2017Business
Old Dominion to Raise Rates 3.5% on Sept. 1
Old Dominion Freight Line Inc. will raise rates on Sept. 1, 2017, but at a lower rate than a similar increase announced last summer.
August 16, 2017Business
Old Dominion Begins LTL Earnings Season on High Note, Profits Up 21% in 2Q
Old Dominion Freight Line Inc. kicked off the less-than-truckload quarterly earnings reports on an impressive note with a 21% rise in profits.
July 27, 2017