Old_Dominion_Freight_Line,_Inc._Logo

 

In the 20+ years since Old Dominion Freight Line went public in October 1991, it has grown from a small, primarily regional less-than-truckload carrier with revenues of about $150 million to the LTL industry’s powerhouse, with a longterm record of producing the industry’s fastest growth, best margins, strongest financial structure and best-in-class service metrics. ODFL has achieved this success in an industry historically subject to severe pricing competition by driving a new business model based on delivering superior service at a fair and equitable price. By continuously investing in the infrastructure capacity, technology and workforce to truly differentiate its service quality, ODFL has outperformed the industry for more than a decade – throughout the economic cycle – steadily gaining market share and growing to more than $2.5 billion in annual revenue. Corporate Communications has been assisting ODFL communicate its growth story and handle its IR responsibilities throughout this journey, having been engaged by ODFL in 1991 right after the IPO. During this period, ODFL’s stock price has increased from a split-adjusted $1.71 per share to over $70 per share, while its market cap has grown from $101 million to over $6 billion.

 

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