The Traderszone Network

Published in TZ Latest News 15 August, 2014 by The TZ Newswire Staff

Will Old Dominion Freight Line Keep On Trucking?

Old Dominion Freight Line (ODFL) is the fifth largest less-than-truckload carrier in the U.S. LTL carriers charge premium prices for smaller loads that don’t require a full 48- or 53-foot trailer. Key Fundamentals Sales growth had been in the single or low double digits for several quarters, but jumped to 19% in Q2. Earnings growth also accelerated from 13% to 26%. Old Dominion’s three-year annual growth rate is a solid 48%.

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