Old Dominion Freight Line Inc Ordinary Shares

ODFL: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$193.00	Llzwft	Hwzqtmsnq

Old Dominion Earnings: LTL Tonnage Challenged, but OD Likely To Grab Share from Floundering Yellow

Matthew Young

Jul 27, 2023

Narrow-moat less-than-truckload, or LTL, specialist Old Dominion's top line fell 15% year over year, and came in below our forecast on greater-than-expected tonnage declines, though all-in yield (revenue per hundredweight) and operating margin were mostly in line.

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