AllAnalyst Report
logoMorningstarJuly 21, 2021

Old Dominion Freight Line, Inc.: Freight Demand and Pricing Surge in Knight-Swift’s Q2, Though Driver Shortage Hits TL Utilization

Symbols
ODFL
Sector(s)
Industrials
Rating
Current Price
$296.73
Fair Value
Economic Moat
Stewardship
Summary

Old Dominion Freight Line is the third-largest less-than-truckload carrier in the United States, with more than 240 service centers and 9,200-plus tractors. OD is by far one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns stand head and shoulders above its peers. Strategic initiatives revolve around increasing network density through market share gains and maintaining industry-leading service via consistent infrastructure investment.

Subscribe to Yahoo Finance Plus Essential for full access
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
Try it Free

Analyst Profile

Matthew Young

Equity Analyst
Matthew Young, CFA, is an equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers transportation and logistics firms.Before joining Morningstar in 2010, Young spent five years as an equity research associate at William Blair, where he covered logistics and commercial-services firms.Young holds a bachelor's degree from Wheaton College and a master's degree in business administration, with concentrations in finance and accounting, from the University of Chicago Booth School of Business. He also holds the Chartered Financial Analyst® designation.