Old Dominion Freight Line News

Officials from Triad trucking firms are reporting a surge in spring shipments, with expectations that the uptick could continue through summer and beyond.

Thomasville-based Old Dominion Freight Line Inc. is planning to invest $8.35 million to build a 40,000-square-foot distribution center in upstate New York, according to officials there .

StockCall.com Provides Stock Research on Swift Transportation Co., Con-way Inc., JB Hunt Transport Services Inc., Old Dominion Freight Line Inc., and Knight Transportation Inc.

The firm currently has a $48.00 target price on the stock, up from their previous target price of $42.00. Shares of Old Dominion traded up 0.96% during mid-day trading on Friday, hitting $40.15. Old Dominion has a one year low of $26.12 and a one year high of $38.76. The stock's 50-day moving average is currently $37.19. The company has a market ... (more)

Old Dominion Freight Line, Inc. opened a new container drayage facility that will serve rail heads, container yards and ports in the Birmingham, Ala., area.

Bernstein-Rein has landed the job of agency of record for Old Dominion Freight Line Inc.

's stock had its "conviction-buy" rating restated by equities researchers at Goldman Sachs in a report issued on Friday, StocKRatingsNetwork.com reports.

The FBI has completed a facial approximation of a body found Dec. 19 in a wooded area behind Old Dominion Freight Line, 500 Old Dominion Way in Thomasville.

Old Dominion Freight Line reported net income in the first quarter of 2013 of $40.6 million, increasing 30.4 percent from $31.1 million in the first quarter of 2012.

The firm currently has a "hold" rating on the stock. ODFL has been the subject of a number of other recent research reports.

Old Dominion posted its quarterly earnings results on Thursday. The company reported $0.47 earnings per share for the quarter, beating the analysts' consensus estimate of $0.42 by $0.05, Analyst Ratings Network.com reports.

Net income rose to $40.6 million, or 47 cents per share, from $31.1 million, or 36 cents, a year ago.

Trucking company Old Dominion Freight Line Inc. has expanded its state operations with a new facility in Birmingham.

Old Dominion Freight Line Inc. will build an $8.3 million distribution center in the Glenville Business and Technology Park in Schenectady County, NY.

By Kathleen Moore Gazette Reporter Old Dominion Freight Line will build an $8.3 million distribution center at the Glenville Business and Technology Park, Schenectady County officials said after agreeing to a tax deal with the company Wednesday.

Old Dominion Freight Line has opened a new container drayage facility that will serve rail heads, container yards and ports in the Birmingham, Ala.