Old Dominion's Yield Gains Solid and Demand Stable

Following impressive growth over the past decade, Old Dominion is the second-largest US less-than-truckload carrier by revenue (after FedEx Freight) and the clear industry leader in execution, freight selection, and service quality, a significant factor when shippers choose carriers. Even during the Great Recession, the company stayed afloat thanks to strong pricing discipline. While other carriers slashed rates dramatically, Old Dominion held firm, keeping core revenue per hundredweight flat.