Management from less-than-truckload carrier Old Dominion Freight Line maintained the view that volumes will likely turn around by spring during a call with analysts on Wednesday. Before the market opened, the company announced that it had beat quarterly consensus expectations once again.
Old Dominion (NASDAQ: ODFL) reported fourth-quarter earnings per share of $2.92, 25 cents ahead of the consensus estimate (according to Seeking Alpha) and 51 cents higher year over year (y/y). The company...