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Old Dominion Freight Line, Inc. (ODFL), headquartered in Thomasville, North Carolina, is a top North American less-than-truckload (LTL) motor carrier. Valued at a market cap of $44.1 billion, it operates an extensive network of service centers across the continental United States and partners strategically to expand its LTL services throughout North America.
Shares of this leading trucking company have underperformed the broader market considerably over the past year. ODFL has gained marginally over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.8%. In 2024, ODFL stock is up marginally, while SPX is up 17.8% on a YTD basis.
