Old Dominion Freight Line's earnings per share and revenue have increased significantly, as have share prices. While it is trading significantly below all-time highs, the fundamentals remain strong. Management has a positive outlook and views supply chain constraints as possibilities for growth. With the company anticipating further strong growth in the face of operational improvements, now is the time to buy while the shares are cheap. The Board of Directors of Old Dominion Freight Line, Inc. announced a first-quarter dividend of $0.30 per share, payable on March 16, 2022, to shareholders of record on March 2, 2022. This payout reflects a 50.0 percent increase over the first quarter 2021 cash dividend.
OD purchases Carter and Sons Trucking from 2001 until 2005. OD continues to spread into Nevada, Nebraska, Oregon, and Washington State, as well as increasing density in established locations around the nation. OD offers direct service to Canada globally. OD spreads into South Dakota and Vermont in 2005 and continues to increase density across the United States.
December 2014 - revision.
Freight plummeted off a cliff last week, and for the first time all year, a few wild teams were instructed to stay at the home for another day. Having all that, it is still much busier than past years. I heard via the grapevine that breakdown pay will be hiked to $7.50/hr, up from the prehistoric amount of $3 something for years - hardly enough to justify registering it with your pay clerk.
Old Dominion Freight Line is an American firm that specializes in delivering a variety of truck transportation services to its clients across the United States of America. Greg C Grant is the company's current CEO and president. As of 2018, the corporation had total sales of more than $3 billion. Additionally, the corporation employs around 19000 people as of 2017. The company's primary services include enabling customers and clients to obtain a variety of logistics services from the company, including ground and air expedited transportation, supply chain consulting, transportation management, truckload brokerage, container delivery and warehousing, as well as household moving services.
