Old dominion freight line4/12/2023 ![]() ![]() ODFL said that fourth quarter capital expenditures were $165.4 million and $550.1 million for the year. Gantt said that the increase in LTL revenue per hundredweight also reflects the success of ODFL’s long-term pricing strategy, which is to consistently improve the profitability of each customer account by increasing its yields to both offset cost inflation and support further investments in capacity and technology. LTL revenue per hundredweight, excluding fuel surcharges, rose 9.2%, benefitting from the decrease in which ODFL’s weight per shipment and the 1.8% increase in its average length per haul and the changes to each of these metrics having the effect of increasing its reported yields.a 14.3% increase in LTL tons per day, which included a 17.5% increase in LTL shipments per day that was partially offset by a 2.7% decrease in LTL weight per shipment and.a 16.1% increase in LTL revenue per hundredweight, which drove revenue growth.Diluted earnings per share, at $2.41, posted a 49.7% increase. Operating income saw a 46.5% annual increase, to $372.5 million, and net income was up 46.9%, to $278.8 million. Quarterly revenue, at $1.41 billion was up 31.4% annually, with LTL services revenue, at $1.39 billion, also posting a 31.4% annual gain. We do not expect any near-term changes in our customer demand trends and believe our service and capacity advantages will continue to support our ability to win additional market share throughout 2022.” Our ability to consistently deliver this high-quality service and capacity, coupled with a positive domestic economy, has driven strong customer demand for our service offerings. As part of this plan, we focus on providing superior service at a fair price while also consistently investing in our capacity to support anticipated growth in future periods. “Our financial results for the quarter-and the year-continue to reflect the consistent execution of our long-term strategic plan. “The strength of Old Dominion’s fourth quarter financial performance resulted in new Company records for annual revenue and profitability,” said ODFL President and CEO Greg Gantt in a statement. From one trunk driving down a 96 mile route to global transportation company with over 20,000 employees, OD has a good reputation and the value that its people take pride in.Thomasville, N.C.-based less-than-truckload (LTL) carrier Old Dominion Freight Line (ODFL) announced very strong fourth quarter earnings this week. It provides LTL services for nationwide customers. Old Dominion Freight Line(OD) is the leading and union free freight company. Compatible with ebay / aliexpress / magento: with your ebay,aliexpress,magento account bounding to trackingmore,our system will collect the data together, so you can manage your shipments in one place.Ģ.muti-language support:Support sixteen different languages,so it's convenient for users from different countries. Auto tracking and delivery notification:after logging in,you can set up the "Notification Settings",and the system will auto track your Old Dominion Freight Line waybills and notify customers when in transit, pick up, delivered or exceptions.ī. Trackingmore provide real-time details of your Old Dominion Freight Line package,support multiple languages like English, French, Spanish, German and more.Ī. If you want to find explanations of a specific tracking event, you can refer to " Tracking Status descriptions & suggestions". You can subscribe email delivery notification in the Old Dominion Freight Line shipping tracking result page to auto send you alerts once there is an update of your order status. If you check statuses of bulk international parcels shipping via Old Dominion Freight Line, TrackingMore will display all tracking details in one place, from both origin country and destination country. You can enter a tracking number, air waybill (AWB) number or reference number to track & trace a single international or domestic package, use CSV upload or restful shipment tracking API to track multiple packages. TrackingMore is a third party parcel tracking tool (also known as multi-carrier tracking tool) which supports online parcel tracking of worldwide 477 express and postal couriers. Old Dominion Freight Line Tracking Details Old Dominion Freight Line tracking, trackingmore provide Old Dominion Freight Line API, shipment batch tracking management and an option to receive automated notification.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |