Old Dominion Freight Line is fairly hopeful about the new year. It has shouldered the cost burden of carrying more than 30% excess capacity while awaiting a market turn. However, once more volume is poured into the relatively high fixed-cost network, margins will start to meaningfully grow again.
“I’m cautiously optimistic that we’re going to have at least a good second half of 2025, President and CEO Marty Freeman told FreightWaves.
Freeman said he was encouraged by some recent trends, noting...
https://www.freightwaves.com/news/old-dominion-poised-to-take-share-when-market-turns