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Thomasville, North Carolina-based Old Dominion Freight Line, Inc. (ODFL) is one of the largest North American less-than-truckload (LTL) motor carriers and provides regional, inter-regional, and national LTL services. With a market cap of $31.2 billion, Old Dominion’s offerings also include various value-added services, including container drayage, truckload brokerage, and supply chain consulting.
Companies worth $10 billion or more are generally described as “large-cap stocks.” Old Dominion fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the logistics industry.