Old Dominion Freight Line shares jumped Friday after the trucking company said it's hauling more goods than previously estimated.

Old Dominion Freight Line Inc., based in Thomasville, N. C., now expects total tonnage to increase between 4.5 percent and 5 percent in the first quarter, compared with the same period a year ago. The previous range was between 4 percent and 4.5 percent.

Old Dominion Freight said prices should pick up, too. Revenue per hundredweight, which measures how much a trucking company gets for every 100 pounds of goods moved, may increase between 2.5 percent and 3 percent in the current quarter, excluding fuel surcharge.

The company's stock rose 5.2 percent in afternoon trading, gaining $1.88 to $38.19. Old Dominion Freight Line Inc. has traded between $26.12 and $38.55 over the last 52 weeks.

The trucking company is expected to report first-quarter results on April 25. Analysts expect earnings of 41 cents a share and revenue of $531.4 million.

About News.net

Publishing Services International Limited (PSIL) is the publisher and operator of a worldwide network of online news sites dedicated to delivering fair, accurate and relevant reporting from a variety of the world’s most trusted sources – from the biggest cities to the smallest towns.

We deliver positive and powerful messages to our readers, providing up‑to‑the‑second news that matters to the individual.

Our promise is to serve communities and individuals worldwide, delivering information that hasn’t always been available to them. We will give them back a voice – a voice that’s empowering because it is theirs – and provide a platform to communicate between themselves and the world.

We believe people are not just generic demographics; they are individuals with their own preferences and curiosities. We are about understanding these individuals, listening to them, and serving them.

We are the new pioneering spirit of news – we’re not talking to everyone, we’re talking with every one.

If you want your news, your voice, your way, on your time – we’ve got news for you.




If you have any questions or concerns please email us on support@news.net


  • Australia, Toll Free 1-800-983-421
  • Hong Kong, Toll Free 800-906-187
  • Singapore, Toll Free 800-852-3871
  • USA/Canada, Toll Free 1-800-830-4132

Advertise With Us

Interested in being awesome?
Contact us by email or phone.