None
EN
Old Dominion Freight Line Q2 Earnings Call Highlights
['Michael Walen']
Markets Daily
Old Dominion Freight Line (NASDAQ:ODFL) reported higher second-quarter revenue and earnings as improving demand trends, pricing discipline and operating leverage supported results, while management said the company remains positioned to gain share as freight markets recover.
Old Dominion made about 1,000 lane adjustments during the year to improve transit-time standards, Freeman said.
He said Old Dominion has more than 35% excess service-center capacity and sufficient power and trailing equipment to support expected growth.
Satterfield added that Old Dominion accommodated its 4% sequential increase in tonnage during the second quarter with essentially the same workforce.
About Old Dominion Freight Line (NASDAQ:ODFL)Old Dominion Freight Line is a U.S.-based less-than-truckload (LTL) transportation company that provides regional, inter-regional and national freight services.