Old Dominion Freight Line, Inc. - Common Stock (ODFL)
Frequently Asked Questions About Old Dominion Freight Line, Inc. - Common Stock (ODFL)
Does Old Dominion Freight Line operate internationally?
While Old Dominion Freight Line primarily focuses on domestic LTL freight services within the United States, it also offers some services to Canada. Customers looking for international shipping typically work with Old Dominion's partnership network that extends beyond their primary operational areas.
How can one invest in Old Dominion Freight Line?
Investing in Old Dominion Freight Line can be done through the purchase of its shares listed on the Nasdaq under the symbol 'ODFL'. Interested investors should consider consulting with financial advisors or conducting their research into stock performance and company outlook before making investment decisions.
How does Old Dominion Freight Line ensure safety and compliance?
Old Dominion Freight Line places a high priority on safety and compliance with industry regulations. The company implements rigorous training programs for its drivers and personnel, invests in state-of-the-art safety equipment, and adheres to all federal and state transportation regulations to ensure safe and secure transport of freight.
How does Old Dominion Freight Line manage its fleet?
Old Dominion manages a modern and efficient fleet of trucks and trailers, employing advanced logistics technology to optimize routes and minimize delivery times. The company emphasizes maintenance and operational efficiency, ensuring that their fleet is well-maintained and capable of meeting customer demands effectively.
How does Old Dominion utilize technology in its operations?
Old Dominion Freight Line employs advanced technology to optimize its operations and improve efficiency. This includes innovative routing software, real-time tracking systems for freight visibility, and automated processes for managing shipments, which enhance the overall customer experience and operational capabilities.
How has Old Dominion Freight Line performed financially in recent years?
Old Dominion Freight Line has shown strong financial performance in recent years, with consistent revenue growth, profitability, and positive operating margins. This financial stability is attributed to an increase in demand for LTL services, efficient operations, and strategic investments in the company's infrastructure and technology.
What are Old Dominion's core values?
Old Dominion Freight Line's core values include customer service, teamwork, integrity, and professionalism. These values guide the company's operations and culture, emphasizing the importance of delivering exceptional freight services while maintaining strong ethical standards and fostering a collaborative work environment.
What awards or recognitions has Old Dominion received?
Old Dominion Freight Line has received various awards and recognitions over the years, including being ranked among the top LTL carriers in the U.S. by industry publications. The company has also been recognized for its safety performance and commitment to customer service, which underscores its standing as a leader in the freight transportation sector.
What distinguishes Old Dominion from its competitors?
Old Dominion Freight Line is distinguished from its competitors by its commitment to service quality, operational efficiency, and innovative technology. The company consistently ranks high in customer satisfaction surveys due to its focus on timely deliveries, damage-free transportation, and proactive communication throughout the shipping process.
What does Old Dominion Freight Line, Inc. do?
Old Dominion Freight Line, Inc. is a leading provider of less-than-truckload (LTL) freight services in the United States. The company specializes in both regional and national shipping solutions, offering reliable transportation for a variety of goods. They pride themselves on providing high-quality service, with a commitment to timely deliveries and customer satisfaction.
What industries does Old Dominion Freight Line serve?
Old Dominion Freight Line serves a diverse range of industries, including manufacturing, retail, automotive, and consumer goods. Their versatility allows them to cater to various shipping needs, handling everything from industrial equipment to retail inventory, ensuring reliability and efficiency across sectors.
What is Old Dominion's approach to employee training and development?
Old Dominion Freight Line emphasizes training and development for its employees, offering comprehensive onboarding programs and ongoing training opportunities to enhance skills and knowledge. The company invests in leadership development and fosters a culture of continuous improvement to help employees grow within the organization.
What is Old Dominion's commitment to sustainability?
Old Dominion Freight Line is committed to sustainability and minimizing its environmental impact. The company has implemented various initiatives, such as optimizing route planning, investing in fuel-efficient vehicles, and adopting best practices in waste management to reduce their carbon footprint while maintaining operational efficiency.
What is the primary service offering of Old Dominion Freight Line?
The primary service offering of Old Dominion Freight Line is less-than-truckload (LTL) shipping. This service allows customers to ship smaller loads that do not require a full truck. Old Dominion provides a range of transportation solutions, including expedited services, intermodal solutions, and customized logistics services to meet diverse shipping needs.
What recent developments has Old Dominion Freight Line made?
Old Dominion Freight Line has recently focused on expanding its service network and enhancing its technology capabilities. This includes opening new service centers across the U.S., investing in digital initiatives to streamline operations, and implementing advanced tracking systems to improve shipment visibility for customers.
What stock exchange is Old Dominion Freight Line listed on?
Old Dominion Freight Line is listed on the Nasdaq stock exchange under the ticker symbol 'ODFL'. The company has become a popular choice for investors due to its consistent growth, profitability, and strong performance in the freight transportation sector.
What type of customer support does Old Dominion offer?
Old Dominion Freight Line provides comprehensive customer support through various channels, including a dedicated customer service team available by phone and online. They offer real-time tracking capabilities, online tools for shipment management, and personalized service to address specific customer needs and concerns.
When was Old Dominion Freight Line, Inc. founded?
Old Dominion Freight Line, Inc. was founded in 1934 by Earl and T.L. McCoy in Old Dominion, Virginia. The company began as a small, regional carrier and has since expanded its operations significantly, becoming one of the largest LTL providers in the United States while maintaining a strong focus on customer service and operational efficiency.
Where is Old Dominion Freight Line headquartered?
Old Dominion Freight Line is headquartered in Thomasville, North Carolina. This central location enables the company to efficiently manage its extensive network of service centers and maintain responsive logistics operations across the United States and parts of Canada.
Who are the key executives at Old Dominion Freight Line?
Key executives at Old Dominion Freight Line include President and CEO Greg C. Gantt, who has been with the company for over 30 years, and other senior leaders who contribute to various operational, financial, and strategic objectives. Their leadership is instrumental in driving the company's growth and maintaining its reputation in the freight industry.
What is the current price of Old Dominion Freight Line, Inc. - Common Stock?
The current price of Old Dominion Freight Line, Inc. - Common Stock is 170.10
When was Old Dominion Freight Line, Inc. - Common Stock last traded?
The last trade of Old Dominion Freight Line, Inc. - Common Stock was at 4:00 pm EDT on April 2nd, 2025
What is the market capitalization of Old Dominion Freight Line, Inc. - Common Stock?
The market capitalization of Old Dominion Freight Line, Inc. - Common Stock is 18.65B
How many shares of Old Dominion Freight Line, Inc. - Common Stock are outstanding?
Old Dominion Freight Line, Inc. - Common Stock has 109.65M shares outstanding.