| Market Capitalization (Millions $) |
37,792 |
| Shares
Outstanding (Millions) |
209 |
| Employees |
20,591 |
| Revenues (TTM) (Millions $) |
5,456 |
| Net Income (TTM) (Millions $) |
1,007 |
| Cash Flow (TTM) (Millions $) |
191 |
| Capital Exp. (TTM) (Millions $) |
389 |
Business Description
Company Profile: Old Dominion Freight Line, Inc.
Overview:
Old Dominion Freight Line, Inc. is a premier union-free motor carrier specializing in less-than-truckload (LTL) services in the United States. With a focus on providing regional, inter-regional, and national freight transportation solutions, Old Dominion has established itself as a vital player in the logistics sector. The company is recognized as one of the largest LTL carriers in the U.S. offering a comprehensive suite of services, including expedited transportation, consumer household pickup, and delivery.
Services:
Old Dominions service offerings extend well beyond core LTL transportation. The company provides a range of value-added services designed to meet the diverse needs of customers, including:
- International freight forwarding
- Container drayage
- Truckload brokerage
- Supply chain consulting
- Warehousing solutions
In addition to these services, Old Dominion utilizes advanced technological capabilities to enhance operational efficiency and provide customers with tools to effectively manage their shipping logistics.
Market Position:
As one of the leading LTL motor carriers in the United States, Old Dominion derives over 95% of its revenue from transporting LTL shipments. This demand is largely influenced by trends in industrial production and the overall health of the U.S. economy. The company has successfully expanded its revenue and customer base over the past five years, primarily driven by organic growth initiatives.
Operational Excellence:
Old Dominion’s extensive infrastructure allows for efficient next-day and second-day service across six geographical regions within the continental United States, as well as inter-regional and national service capabilities. The company is committed to seamlessly meeting its customers supply chain needs through a single point of contact, ensuring superior customer service at competitive prices.
The companys integrated structure ensures consistent high-quality service from origin to destination, reinforced by robust proprietary information systems that facilitate effective cost management.
Industry Context:
The trucking industry is essential to the U.S. economy, providing transportation services to a wide array of sectors. It is primarily categorized into two types of motor carriers: Less-Than-Truckload (LTL) and truckload carriers. LTL carriers, like Old Dominion, consolidate shipments from various customers to optimize trucking capacity, while truckload carriers service dedicated shipments from start to finish.
Through its commitment to innovation, operational efficiency, and customer service excellence, Old Dominion Freight Line, Inc. has positioned itself as a trusted partner in the logistics industry, capable of meeting the evolving demands of its customers.
Company Address: 500 Old Dominion Way Thomasville 27360 NC
Company Phone Number: 889-5000 Stock Exchange / Ticker: NASDAQ ODFL
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