Old Dominion Freight Line Inc (ODFL)

Overview

Old Dominion Freight Line, Inc. is a prominent player in the transportation industry, specializing as a less-than-truckload motor carrier with a broad presence in the United States and North America. Since its inception in 1934, the company has established itself as a key provider of regional, inter-regional, and national less-than-truckload services, alongside expedited transportation options. With a robust fleet and extensive network, Old Dominion boasts of owning and operating 10,791 tractors, 31,233 linehaul trailers, and 15,181 pickup and delivery trailers as of December 31, 2023. The company's infrastructure is further supported by 46 fleet maintenance centers and 257 service centers, underpinning its operational capabilities. Headquartered in Thomasville, North Carolina, Old Dominion Freight Line, Inc. is committed to delivering efficient and reliable freight transportation solutions across its vast service network.

Products and Services

• Regional, Inter-Regional, and National Less-Than-Truckload Services

Old Dominion Freight Line, Inc. offers a comprehensive suite of less-than-truckload (LTL) services tailored to meet the diverse needs of its customers across various regions. These services are designed to provide efficient and cost-effective transportation solutions for shipments that do not require the use of an entire truck. Whether the need is for regional, inter-regional, or national transportation, Old Dominion ensures timely and reliable delivery of goods.

• Expedited Transportation

Understanding the critical nature of time-sensitive shipments, Old Dominion provides expedited transportation services. This offering is aimed at businesses that require fast and reliable delivery to meet stringent deadlines. With expedited transportation, customers can benefit from shorter transit times and enhanced shipment visibility, ensuring their freight reaches its destination as quickly as possible.

• Container Drayage

The company's container drayage services facilitate the efficient movement of shipping containers from ports to their next destination, whether it is a warehouse, rail ramp, or directly to the customer. This service is a critical component of the supply chain, providing a seamless link between sea freight and inland transportation. By handling the complexities of port operations and container logistics, Old Dominion helps streamline the shipping process for importers and exporters.

• Truckload Brokerage

Old Dominion's truckload brokerage services connect shippers with reliable carriers that can transport full truckload shipments. This service is ideal for customers who have freight that fills an entire truck and requires dedicated transportation. Through its network of qualified carriers, Old Dominion ensures that customers’ truckload shipments are delivered safely and efficiently.

• Supply Chain Consulting

In addition to its transportation services, Old Dominion offers supply chain consulting services to help businesses optimize their logistics and supply chain operations. The company leverages its extensive expertise and knowledge in the transportation industry to provide strategic insights and solutions that improve efficiency, reduce costs, and enhance overall supply chain performance.