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"2021 will be a story of contending tailwinds and headwinds," U.S. Xpress ([[USX]] +3.6%) said as it released its 2021 economic forecast for the trucking industry. "Driver shortages, capacity crunches, and ample freight (driven by evolutions in buying habits) were the common themes of 2020 an...
The Cass Freight Index rose 6.7% Y/Y in December to accelerate from the 2.7% gain in November. "The acceleration was partially explained by an easier prior year comparison, as the Cass Shipments Index rose 1.1% m/m from November on a seasonally adjusted basis. After a small sequential pullbac...
Old Dominion Freight Line's Fourth Quarter And Year-End 2020 Conference Call On The Internet PR Newswire THOMASVILLE, N.C. , Jan. 6, 2021 /PRNewswire/ -- Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its fourth ...
This article looks at the best performing decile of stocks in the S&P 500 in the fourth quarter and for full year 2020. By examining the tails of the return distribution, we can gain improved insight into different portfolio return drivers. Stocks continued their bounce back f...
Old Dominion Freight Line ([[ODFL]] +1.3%) reported revenue per day + 6.3% (Y/Y), reflecting a 5.2% increase in LTL tons per day and an increase in LTL revenue per hundredweight.Change in LTL tons per day was attributable to a 2.6% increase in LTL weight per shipment and a 2.5% increase in LT...
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for November 2020. Revenue per day increased 6.3% as compared to November 2019 due to a 5.2% increase in LTL tons per day and an increase in LTL revenue per ...
THOMASVILLE, N.C., Dec. 01, 2020 (GLOBE NEWSWIRE) -- For an unprecedented eleventh consecutive year, Old Dominion Freight Line (OD) has earned the Mastio Quality Award for national less-than-truckload (LTL) carriers. The industry’s most comprehensive study ranked OD as the top carrie...
The V-shaped recovery in the freight industry is evident in the latest update from Cass Information Systems. The Cass Freight Index increased 2.4% Y/Y in October to improve dramatically on last month's decline of 1.8%. Rail volumes were also positive during October. In freight pricing, the ti...
Hyliion (HYLN) just went public in October. Even though the company has carved out a niche for itself in the Electric Vehicle (EV) truck market, it faces stiff competition from the established leaders. Will it be able to survive amid the stiff competition? Let’s find out. Founded i...
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Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and six-month periods ended June 30, 2024. All prior-period share and per share data in this release have been adjusted to reflect the Company's March 2024 two-for-one stock split. Marty F...
2024-07-19 04:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-07-09 01:52:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...