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ODFL News and Press, Old Dominion Freight Line Inc. From 04/11/20

Stock Information

Company Name: Old Dominion Freight Line Inc.
Stock Symbol: ODFL
Market: NASDAQ
Website: odfl.com

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ODFL - Rough road seen for trucking sector

Bank of America's Truck Shipper Survey fell another 14% last week to an all-time low reading. More news on: Knight-Swift Transportation Holdings Inc., Werner Enterprises, Inc., J.B. Hunt Transport Services, Inc., Consumer stocks news, Read more ...

ODFL - Limited upside seen on Old Dominion Freight Line

Bank of America drops Old Dominion Freight Line (NASDAQ: ODFL ) to an Underperform rating after having the trucker slotted at Neutral. More news on: Old Dominion Freight Line, Inc., Consumer stocks news, Read more ...

ODFL - Maybe We Can Climb The Great Wall Of Worry

A $2 trillion emergency relief package, plus a merging of Federal Reserve and Treasury functions to allow for significant quantitative easing and repo activity , is putting a floor under stocks, potentially enabling them to climb a steepening wall of worry. On March 27, I wrote an extreme...

ODFL - Why UPS, FedEx, and Old Dominion Freight Line Stocks Are Surging Today

Transportation stocks saw a light at the end of the coronavirus tunnel Monday -- and floored it -- racing ahead in hopes the end of this global tragedy is finally in sight. As of 2:30 p.m. EDT, shares of United Parcel Service (NYSE: UPS) stock are up 5.4%, rival FedEx (NYSE: FDX) is u...

ODFL - Old Dominion Freight Line's First Quarter 2020 Conference Call On The Internet

THOMASVILLE, N.C. , April 2, 2020 /PRNewswire/ -- Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its first quarter 2020 financial results before opening of trading on Thursday, April 23 , 2020.  The Company will also hold a conferen...

ODFL - Don't Chase The Sugar High

The government's $2 trillion emergency relief package caused shares to skyrocket this week; however, the helicopter-Ben style package may inadequately address mid-term economic instability. If so, then this week's rapid run-up could be a short-term sugar high that wears off in April once disma...

ODFL - Pedal to the Metal: Old Dominion Freight Is In The Passing Lane

The U.S. trucking industry is working hard throughout the novel coronavirus crisis to resupply the run on consumer staples everywhere. Among competitors, Old Dominion Freight Line (NASDAQ: ODFL) stands out as a quality company with good long-term prospects beyond the temporary trucking indus...

ODFL - Why Transports Are Up Today

Shares of XPO Logistics (NYSE: XPO)  were up more than 19% as of 3:24 p.m. EDT, and shares of Old Dominion Freight Line (NASDAQ: ODFL) and FedEx (NYSE: FDX) were each up more than 5%, after the White House and Congress overnight announced a deal on a $2 trillion stimulus package....

ODFL - How Are Market Caps Doing in a Downturn

This is the ninth episode of our  Rule Breaker Investing Market Cap Game Show . Will Aaron Bush retain his title or will Andy Cross steal it from him this time around? It's a fun game to take our minds off what's going in the world for a moment -- during these difficult times -- while l...

ODFL - Why Shares of Transport Stocks Are Falling Today

Shares of transport companies were under pressure on Monday morning amid fresh evidence that the COVID-19 coronavirus outbreak is taking its toll on the economy. Shares of FedEx (NYSE: FDX) and United Parcel Service (NYSE: UPS) each traded down more than 10%, and Old Dominion Freight Li...

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