Business Strategy and Outlook
| Matthew Young |Following impressive growth over the past decade, Old Dominion Freight Line is now the second-largest U.S. less-than-truckload carrier by revenue (following FedEx Freight) and the clear industry leader in terms of execution, freight selection, and service quality, which is no small factor for shippers. Even during the Great Recession, the company kept its head above water via impressive pricing discipline. While other carriers slashed rates dramatically, Old Dominion held firm, keeping core revenue per hundredweight flat.