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With a market cap of $43.7 billion, Old Dominion Freight Line, Inc. (ODFL) is one of the largest North American LTL motor carriers, providing regional, inter-regional, and national LTL services through an extensive, union-free network across the continental United States. In addition to its core LTL services, the company offers expedited transportation, container drayage, truckload brokerage, and supply chain consulting through strategic alliances and an integrated service network.
Shares of the trucking firm have outpaced the broader market over the past 52 weeks. ODFL stock has gained 39.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.5%. Moreover, shares of the company have surged 34.8% on a YTD basis, compared to SPX’s 13.6% rise.
