Financial PerformanceRevenue grew 6.1% Y/Y to approximately $1.5B as revenue per hundredweight increased 4.4% Y/Y, shipments per day increased 3.1% Y/Y, and tonnage increased 1.9% Y/Y.
Growth StrategyThe company remains committed to staying disciplined on pricing and expanding available capacity in preparation for the inevitable upcycle.
Market PositionODFL has consistently been among the top three performing transport stocks over the past three freight cycles, having returned 4,594% since January 2009.