Old Dominion's Q4 Outlook: Despite Challenges, Positive Outlook
Update: 2025-12-03
Description
Old Dominion Freight Line experienced a slight dip in November earnings, with a four point four percent decrease in revenue compared to last year. This was primarily due to fewer shipments, but the company managed to offset the decline by charging more per shipment. The companys president attributed this to a general slowdown in the domestic economy, reflected in recent manufacturing data showing a shrinking industrial sector. Despite these challenges, Old Dominion maintained its pricing strategy and expects to have one of the best operating ratios in the industry for the fourth quarter. Investors reacted positively, with the companys shares rising over four percent in early trading.
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