ODFL - Old Dominion Freight Line, Inc.

Company Overview

Name

Old Dominion Freight Line, Inc.

Tickers

ODFL

Exchanges

Nasdaq

Employees

22902

Founded

1934

Sector Information

Other Information

CIK

878927

Category

Large accelerated filer

1-Line Summary

Old Dominion Freight Line is a leading North American less-than-truckload carrier providing regional, inter-regional, and national transportation services.

Company summary

Old Dominion Freight Line, Inc. is a leading provider of less-than-truckload (LTL) transportation services across North America. The company operates a comprehensive network of service centers, enabling it to offer regional, inter-regional, and national shipping solutions. It specializes in LTL services but also offers value-added services like expedited transportation, container drayage, truckload brokerage, and supply chain consulting. The company has focused on organic growth, enhancing its infrastructure by continually opening and improving service centers, which has significantly contributed to its increasing revenue and expanding customer base.

The company prides itself on its operational efficiency and technological capabilities, which are integral to maintaining high levels of customer service. Old Dominion’s competitive edge lies in its union-free environment, modern fleet, and dedicated focus on safety and employee engagement. They embrace advanced logistics technology and proprietary systems to improve delivery and tracking services, catering primarily to industrial clients whose shipping needs are closely tied to the health of the U.S. domestic economy. With a diverse customer base and significant industry presence, Old Dominion is well-positioned to adapt to market changes and customer demands.

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