Old Dominion remains well positioned for growth in the years ahead.
Less-than-truckload carrier Old Dominion Freight Line’s fourth-quarter total revenue increased a robust 19.5% year over year on a rapid acceleration in tonnage over the past few quarters and solid core pricing gains. The top line was in line with our forecast, as we’ve already been baking in the benefit of very healthy demand conditions across the broader trucking industry, including strength in industrial end markets, as well as Old Dominion’s unique ability to grab market share on top of that....
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