Old Dominion Freight Line will see a bit of a cost catch-up over the next couple of quarters given the record growth it continues to experience. The company will continue to expand its network of terminals and add the drivers and workers needed to service them as it looks to grow its share of the robust less-than-truckload market.
The Thomasville, North Carolina-based carrier reported third-quarter earnings per share of $2.47, 10 cents ahead of consensus and 76 cents higher year-over-year,...
https://www.freightwaves.com/news/old-dominion-notes-short-term-cost-headwinds-q3-another-record