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Saia and other less-than-truckload stocks sink for a second time in a week as quarterly reports disappoint. The post Saia’s Q1 miss, weak March shipments send shares 20% lower appeared first on FreightWaves.
Old Dominion Freight Line, Inc. (NASDAQ:ODFL) Q4 2023 Earnings Call Transcript January 31, 2024 Old Dominion Freight Line, Inc. beats earnings expectations. Reported EPS is $2.94, expectations were $2.86. ODFL isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello, and […]
Old Dominion’s fourth quarter was largely in line with analysts’ expectations even as it takes on growth-oriented costs ahead of improvement in demand. The post Old Dominion readies for eventual turnaround appeared first on FreightWaves.
Old Dominion Freight Line reported better-than-expected third-quarter results as Yellow’s departure provided a tailwind. The post Old Dominion holds Yellow volume bump in Q3 appeared first on FreightWaves.
Old Dominion sees a 6% uptick in shipments following Yellow’s closure but says the industry’s freight reshuffle hasn’t been permanently settled. The post Old Dominion says Yellow freight redistribution not settled appeared first on FreightWaves.
Averitt Express received the highest overall ranking, with Old Dominion Freight Line voted top national less-than-truckload carrier in a value and loyalty survey. The post LTL survey: Averitt No. 1 overall, Old Dominion top national carrier appeared first on FreightWaves.
A U.S. bankruptcy judge approved several orders Friday, paving the way for Yellow to unload assets and repay creditors. The post Yellow asset sales, bankruptcy financing approved appeared first on FreightWaves.
A court filing shows that Old Dominion swooped in at the last minute, entering a base bid of $1.5 billion for now-defunct Yellow’s terminals. The post Old Dominion ups ante with $1.5B bid on Yellow’s terminals appeared first on FreightWaves.