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The LTL carrier’s tons per day fell more than 6% in the first quarter, but activity has “come back pretty consistently.” ...
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Sourcing Journal on MSNTariffs Weigh on Trucking Giants Old Dominion, Knight-Swift and TFIIncreased uncertainty among shippers...resulted in lower volumes and an absence of typical seasonal build in March,” said Knight-Swift CEO Adam Miller.
Old Dominion Freight Line (NASDAQ:ODFL) rallied in early trading after posting a better-than-feared Q1 earnings report against what the company said was a tough macroeconomic backdrop. Revenue fell 6.
Old Dominion Freight Line shares rise after reporting first-quarter results. Revenue declines, but LTL revenue per hundredweight increases.
The sizable profit decline for a second consecutive quarter — down 18.5% in the fourth quarter — comes after Marty Freeman, Old Dominion’s president and chief executive, has been warning for ...
Old Dominion Freight Line doesn’t expect Amazon’s LTL offering in the U.S. to threaten the rest of the domestic market, President and CEO Marty Freeman said during a Q1 earnings call on Wednesday.
While we were encouraged to see signs of improving demand during the first quarter, there continues to be uncertainty with the economy,” said CEO Marty Freeman. “The decrease in our first ...
CEO Marty Freeman said that the results "reflect the ongoing softness in the domestic economy." This is a business that benefits from scale. Old Dominion's operating ratio-- a measure of expenses ...
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