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Old Dominion Freight Line Announces $0.40 Per Share Quarterly Cash Dividend

Retrieved on: 
Thursday, October 19, 2023
Other Transport, Trucking, Rail, Logistics, Supply Chain Management, Transport, Weather, Personal injury, Federal Motor Carrier Safety Administration, Legislation, Workforce, News, LTL, Software, Environment, Disaster, Old Dominion Freight Line, Marketing, Health, Pandemic, FMCSA, Annual report, Rail transport by country, Accountability, Failure, Congdon, Climate change, Safety

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per share of common stock, payable on December 20, 2023, to shareholders of record at the close of business on December 6, 2023.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per share of common stock, payable on December 20, 2023, to shareholders of record at the close of business on December 6, 2023.
  • This dividend represents a 33.3% increase over the dividend paid in December 2022.
  • Forward-looking statements in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
  • Old Dominion Freight Line, Inc. is one of the largest North American less-than-truckload (“LTL”) motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.

Old Dominion Freight Line Provides Update for Third Quarter 2023

Retrieved on: 
Wednesday, September 6, 2023
Trucking, Rail, Transport, Logistics, Supply Chain Management, Workforce, FMCSA, LTL, Failure, Health, Marketing, Accountability, Rail transport by country, Federal Motor Carrier Safety Administration, Old, Old Dominion, Disaster, Pandemic, Climate change, Annual report, Weather, Environment, Congdon, News, Old Dominion Freight Line, Legislation, Software, Cargo, Risk management, Safety

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for August 2023.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for August 2023.
  • Marty Freeman, President and Chief Executive Officer of Old Dominion, commented, “The decrease in Old Dominion’s tonnage for August reflects continued softness in the domestic economy as well as a change in the mix of our freight.
  • We undertake no obligation to publicly update any forward-looking statement to reflect developments occurring after the statement is made, except as otherwise required by law.
  • Old Dominion Freight Line, Inc. is one of the largest North American LTL motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.

Old Dominion Freight Line Announces $0.40 Per Share Quarterly Cash Dividend

Retrieved on: 
Thursday, July 20, 2023
Supply Chain Management, Trucking, Rail, Retail, Logistics, Transport, Other Transport, Workforce, FMCSA, LTL, Failure, Health, Marketing, Accountability, Rail transport by country, Federal Motor Carrier Safety Administration, Disaster, Pandemic, Climate change, Annual report, Weather, Environment, Congdon, News, Old Dominion Freight Line, Personal injury, Legislation, Software, Safety

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per share of common stock, payable on September 20, 2023, to shareholders of record at the close of business on September 6, 2023.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per share of common stock, payable on September 20, 2023, to shareholders of record at the close of business on September 6, 2023.
  • This dividend represents a 33.3% increase over the dividend paid in September 2022.
  • Forward-looking statements in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
  • Old Dominion Freight Line, Inc. is one of the largest North American less-than-truckload (“LTL”) motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.

Old Dominion Freight Line Releases 2022 ESG Report

Retrieved on: 
Friday, June 30, 2023
Environment, Trucking, Rail, Transport, Professional Services, Sustainability, DEI (Diversity, Equity and Inclusion), Environmental, Social and Governance (ESG), Logistics, Supply Chain Management, Workforce, FMCSA, LTL, Failure, Health, Marketing, Accountability, Rail transport by country, Federal Motor Carrier Safety Administration, Social Security Government Pension Offset, Disaster, Pandemic, Sustainability accounting, Climate change, Personal injury, GRI, Annual report, Sustainability Accounting Standards Board, Corporation, ESG, Weather, Social, Congdon, News, Old Dominion Freight Line, Corporate responsibility, Legislation, Software, Safety

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today the release of its 2022 Environmental, Social and Governance (ESG) Report.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today the release of its 2022 Environmental, Social and Governance (ESG) Report.
  • The 2022 ESG Report content has been informed by the Sustainability Accounting Standards Board (SASB) Road Transportation Sustainability Accounting Standard and is reported with reference to the Global Reporting Initiative (GRI) standards.
  • The ESG Report is available under the Corporate Responsibility section of the Company’s investor website at ir.odfl.com .
  • Old Dominion Freight Line, Inc. is one of the largest North American LTL motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.

Old Dominion Freight Line Provides Update for Second Quarter 2023

Retrieved on: 
Monday, June 5, 2023
Trucking, Rail, Transport, Logistics, Supply Chain Management, Workforce, FMCSA, LTL, Failure, Health, Marketing, Accountability, Rail transport by country, Federal Motor Carrier Safety Administration, Old Dominion, Disaster, Pandemic, Climate change, Annual report, Weather, Environment, Congdon, News, Old Dominion Freight Line, Personal injury, Legislation, Software, Cargo, Risk management, Safety

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for May 2023.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for May 2023.
  • Greg C. Gantt, President and Chief Executive Officer of Old Dominion, commented, “Old Dominion’s revenue results for May reflect continued softness in the domestic economy as well as a decrease in fuel surcharge revenue.
  • While our volumes decreased on a year-over-year basis, our LTL shipments per day remained relatively consistent with the first quarter of 2023 and our yield continued to improve.
  • Old Dominion Freight Line, Inc. is one of the largest North American LTL motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.

Old Dominion Freight Line Announces $0.40 Per Share Quarterly Cash Dividend

Retrieved on: 
Thursday, May 18, 2023
Supply Chain Management, Trucking, Rail, Retail, Logistics, Transport, Other Transport, Workforce, FMCSA, LTL, Failure, Health, Marketing, Accountability, Rail transport by country, Federal Motor Carrier Safety Administration, Disaster, Pandemic, Climate change, Annual report, Weather, Environment, Congdon, News, Old Dominion Freight Line, Personal injury, Legislation, Software, Safety

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per share of common stock, payable on June 21, 2023, to shareholders of record at the close of business on June 7, 2023.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per share of common stock, payable on June 21, 2023, to shareholders of record at the close of business on June 7, 2023.
  • This dividend represents a 33.3% increase over the dividend paid in June 2022.
  • Forward-looking statements in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
  • Old Dominion Freight Line, Inc. is one of the largest North American LTL motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.

Old Dominion Freight Line Announces New Executive Officer

Retrieved on: 
Monday, May 1, 2023
Trucking, Rail, Transport, Logistics, Supply Chain Management, Workforce, Executive, FMCSA, LTL, Failure, Health, Marketing, Accountability, Rail transport by country, Federal Motor Carrier Safety Administration, Old Dominion, Disaster, Pandemic, Climate change, Annual report, Weather, Environment, Congdon, News, Old Dominion Freight Line, Personal injury, Legislation, Software, Management, Risk management, Safety

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that effective immediately, its Board of Directors has elected Christopher J. Kelley, who currently serves as the Company’s Vice President – Central States Region, to serve as the Company’s Senior Vice President – Operations.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that effective immediately, its Board of Directors has elected Christopher J. Kelley, who currently serves as the Company’s Vice President – Central States Region, to serve as the Company’s Senior Vice President – Operations.
  • Greg C. Gantt, the Company’s President and Chief Executive Officer, said, “This promotion reflects Chris’ outstanding prior contributions to our Company and our confidence in his leadership.
  • Our forward-looking statements are based upon our beliefs and assumptions using information available at the time the statements are made.
  • Old Dominion Freight Line, Inc. is one of the largest North American LTL motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.

Old Dominion Freight Line Provides Update for First Quarter 2023

Retrieved on: 
Friday, March 3, 2023
Trucking, Rail, Transport, Logistics, Supply Chain Management, Annual report, Software, Failure, Disaster, Personal injury, Legislation, LTL, Weather, News, Climate change, Accountability, Marketing, Old Dominion Freight Line, Workforce, FMCSA, Congdon, Pandemic, Environment, Federal Motor Carrier Safety Administration, Growth, Health, Old Dominion, Rail transport by country, Cargo, Risk management, Safety

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for February 2023.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for February 2023.
  • Greg C. Gantt, President and Chief Executive Officer of Old Dominion, commented, “Old Dominion’s revenue results for February reflect continued softness in the domestic economy.
  • We undertake no obligation to publicly update any forward-looking statement to reflect developments occurring after the statement is made, except as otherwise required by law.
  • Old Dominion Freight Line, Inc. is one of the largest North American LTL motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.

Old Dominion Freight Line Announces Planned Executive Leadership Team Transitions

Retrieved on: 
Wednesday, March 1, 2023
Trucking, Rail, Transport, Logistics, Supply Chain Management, Transportation, Travel, Federal Motor Carrier Safety Administration, Marketing, Weather, Accountability, Climate change, Senior, Rail transport by country, Legislation, Health, LTL, FMCSA, Old Dominion Freight Line, Workforce, Environment, Pandemic, Old Dominion, Disaster, Personal injury, Annual report, Congdon, News, Software, Failure, Management, Risk management, Safety

As previously announced, Mr. Freeman will succeed Greg C. Gantt as the Company’s President and Chief Executive Officer effective July 1, 2023.

Key Points: 
  • As previously announced, Mr. Freeman will succeed Greg C. Gantt as the Company’s President and Chief Executive Officer effective July 1, 2023.
  • Mr. Gantt said, “We are excited to promote Greg and Steve and are proud of their commitment to provide our customers with superior service.
  • Our forward-looking statements are based upon our beliefs and assumptions using information available at the time the statements are made.
  • Old Dominion Freight Line, Inc. is one of the largest North American LTL motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.

Old Dominion Freight Line Announces Chief Executive Officer Transition

Retrieved on: 
Tuesday, January 31, 2023
Other Transport, Trucking, Rail, Logistics, Supply Chain Management, Transport, Climate change, Pandemic, Legislation, Federal Motor Carrier Safety Administration, Retirement, Disaster, Weather, News, Software, FMCSA, Workforce, Accountability, Congdon, Culture, Annual report, LTL, Personal injury, Failure, Old Dominion Freight Line, Marketing, Health, Rail transport by country, Environment, Old, Old Dominion, Management, Risk management, Safety

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that effective July 1, 2023, its Board of Directors has elected Kevin M. (“Marty”) Freeman to succeed Greg C. Gantt as the Company’s President and Chief Executive Officer.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that effective July 1, 2023, its Board of Directors has elected Kevin M. (“Marty”) Freeman to succeed Greg C. Gantt as the Company’s President and Chief Executive Officer.
  • Marty and I have worked closely together for most of my career, and he is an exceptional leader and champion of Old Dominion.
  • I look forward to watching Old Dominion continue to lead the LTL industry.”
    Mr. Freeman said, “I am honored and excited to serve as Old Dominion’s next President and Chief Executive Officer.
  • Old Dominion Freight Line, Inc. is one of the largest North American LTL motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.