Old Dominion Freight Line

Market shook, LTL carrier Old Dominion isn’t

Less-than-truckload carrier Old Dominion Freight Line said it will continue making growth-oriented investments in its network ahead of demand. However, as uncertainty around trade policy is weighing on volumes and prolonging an already protracted freight downturn, the company decided to reel in its capex budget for 2025.

Its outlook for a favorable pricing backdrop remains intact, management told analysts on a quarterly earnings call Wednesday.

The company noted a reacceleration in its business...

https://www.freightwaves.com/news/market-shook-ltl-carrier-old-dominion-isnt

First look: Old Dominion Q1 earnings

Old Dominion Freight Line beat first-quarter expectations Wednesday before the market opened. The Thomasville, North Carolina-based less-than-truckload carrier reported earnings per share of $1.19, 5 cents higher than the consensus estimate but 15 cents lower year over year.  

The y/y decline was attributed to “ongoing softness in the domestic economy.”

“While we were encouraged to see signs of improving demand during the first quarter, there continues to be uncertainty with the economy,” Old...

https://www.freightwaves.com/news/first-look-old-dominion-q1-earnings

Las existencias de LTL ensangrentadas después del día de la liberación, estimaciones recortadas antes de los informes del primer trimestre

las-existencias-de-ltl-ensangrentadas-despues-del-dia-de-la-liberacion,-estimaciones-recortadas-antes-de-los-informes-del-primer-trimestre

Las acciones de transporte lo llevaron a la barbilla tras el anuncio de la administración Trump de aranceles generalizados después de que el mercado cerró el miércoles. A las acciones menos que la carga de camiones les fue lo peor en las dos sesiones comerciales después del Día de la Liberación, ya que los inversores […]

Esta entrada Las existencias de LTL ensangrentadas después del día de la liberación, estimaciones recortadas antes de los informes del primer trimestre Aparece primero en FullAva...

https://fullavantenews.com/las-existencias-de-ltl-ensangrentadas-despues-del-dia-de-la-liberacion-estimaciones-recortadas-antes-de-los-informes-del-primer-trimestre/?lang=es

LTL stocks bloodied post-Liberation Day, estimates cut ahead of Q1 reports

Transportation stocks took it on the chin following the Trump administration’s announcement of widespread tariffs after the market closed on Wednesday. Less-than-truckload stocks fared the worst in the two trading sessions following Liberation Day as investors who entered the year hopeful for a positive inflection in the industrial complex appear to have called it quits for the time being.

Less-than-truckload stocks fell 18% over the two-day period and are off 33% year-to-date (both on an...

https://www.freightwaves.com/news/ltl-stocks-bloodied-post-liberation-day-estimates-cut-ahead-of-q1-reports

Deutsche Bank Eyes Industrial Rebound, respalda estas acciones de transporte

Los inversores deben favorecer las existencias de transporte atado industrial con iniciativas idiosincráticas de autoayuda, según un informe que relata la cobertura del espacio por parte de Deutsche Bank. La firma de inversión emitió calificaciones de «Comprar» en tres operadores de carga menos que...

https://fullavantenews.com/deutsche-bank-eyes-industrial-rebound-respalda-estas-acciones-de-transporte/?lang=es

Deutsche Bank eyes industrial rebound, endorses these transportation stocks

Investors should favor industrial-tethered transportation stocks with idiosyncratic, self-help initiatives, according to a report relaunching Deutsche Bank’s coverage of the space. The investment firm issued “buy” ratings on three less-than-truckload carriers, a pair of railroads and a couple other companies on Friday.

Equity research analyst Richa Harnain told clients the industrial complex appears ready to shake a two-year downturn and that any turnaround could be amplified by the new...

https://www.freightwaves.com/news/deutsche-bank-eyes-industrial-rebound-endorses-these-transports

Old Dominion, Saia stay on different paths to overcome same challenge in Q1

A pair of less-than-truckload carriers on somewhat divergent paths provided first-quarter updates on Tuesday that displayed no material change of course. Old Dominion Freight Line saw volumes sag again in February as it plays the long game at the bottom of the cycle, while competitor Saia reported another large tonnage increase as it fills its recently expanded network through the downturn.

Source: Company reports
Old Dominion’s volumes sag as it awaits more opportune entry point

Thomasville,...

https://www.freightwaves.com/news/old-dominion-saia-stay-on-different-paths-to-overcome-same-challenge-in-q1

Old Dominion poised to take share when market turns

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

First look: Old Dominion Q4 earnings

Old Dominion Freight Line reported better-than-expected results for the fourth quarter amid “ongoing softness in the domestic economy.”

The Thomasville, North Carolina-based less-than-truckload carrier reported earnings per share of $1.23 Wednesday before the market opened, 7 cents higher than the consensus estimate but 24 cents lower year over year.

Old Dominion’s (NASDAQ: ODFL) revenue fell 7.3% y/y to $1.39 billion as tonnage per day was down 8.2% and revenue per hundredweight was off 0.4%...

https://www.freightwaves.com/news/first-look-old-dominion-q4-earnings

A stand-alone FedEx Freight gives LTL investors another pure play

Investors are getting more optionality when it comes to playing the less-than-truckload market. FedEx Corp. said Thursday it will move forward with a plan to spin off FedEx Freight, the nation’s largest LTL carrier, which experts say could be worth as much as $30 billion.

Details surrounding the transaction were sparse, but FedEx (NYSE: FDX) said separating into two publicly listed companies – a domestic and international package and freight business generating $78 billion in annual revenue, and...

https://www.freightwaves.com/news/a-stand-alone-fedex-freight-gives-ltl-investors-another-pure-play

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