odfl News Updates

Business, Logistics, For-Hire, Top 100

Old Dominion Freight Line Q1 Profit Falls 12.9%; OR Weakens

Profit at Old Dominion Freight Line fell in the first quarter of 2025 and executives say growing optimism for upcoming quarters has been squelched by macroeconomic uncertainty.

April 23, 2025
Business, Logistics, For-Hire

Truckload Rate Outlook for 2025 Softens, Remains Positive

FTR expects contract truckload rates to increase 2.2% on a full-year basis in 2025, adding that by the end of 2025, contract rates will be rising 5% year on year.

January 15, 2025
Business, Logistics, Top 100

Old Dominion Reports Revenue, Earnings Decline for Q1

Old Dominion Freight Line experienced a year-over-year decline in revenue and earnings during the first quarter, the company reported April 26.

April 26, 2023
Business, Logistics, Top 100

XPO Names Dave Bates New COO

Dave Bates is joining XPO as chief operating officer after 12 years in an executive role at Old Dominion Freight Line.

April 20, 2023
Business, Technology, Equipment, Top 100

Old Dominion Freight Line Reports Record Revenue for Q2

Old Dominion Freight Line saw net income increase year-over-year by 82.4% during the second quarter of 2021, the company reported July 28.

July 29, 2021
Business, Logistics, Top 100

Old Dominion Freight Line Reports Strong Q1 Growth

Old Dominion Freight Line saw revenue and net income rise for the first quarter of 2021, the company reported April 22.

April 22, 2021
Business, Top 100

Old Dominion Profit, Revenue Fall in Q2

Old Dominion Freight Line Inc.’s profit and revenue fell in the second quarter as freight demand dropped because of the COVID-19 pandemic recession.

July 30, 2020
Business, Logistics, Top 100

Old Dominion Freight Line Unveils Interactive Signage at Mets’ Citi Field

Old Dominion Freight Line is upping its advertising game this season with the New York Mets. The company partnered with Chicago-based Czarnowski to create a three-dimensional replica of an ODFL tractor-trailer at Citi Field.

April 4, 2019
Business

Old Dominion to Raise Rates 3.5% on Sept. 1

Old Dominion Freight Line Inc. will raise rates on Sept. 1, 2017, but at a lower rate than a similar increase announced last summer.

August 16, 2017
Business

Old Dominion Opens Office Near US-Mexico Border

Old Dominion Freight Line Inc. moved 3 miles to a bigger office in Laredo, Texas, which the company hopes will enhance its service across the Mexican border.

November 21, 2016