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Old Dominion Freight Line (ODFL)

Call it the little trucking company that delivers. While many trucking companies have engaged in dealmaking to expand their service territory, few have done it as seamlessly as Old Dominion: The Thomasville (N.C.) company is a "less than truckload" carrier, meaning it's willing to handle small shipments for customers. And it now offers next-day and second-day service across its integrated network, which covers 37 states and takes in parts of another nine. What's more, the company has invested in the technology that allows its customers to track the status of their shipments in real-time, just like the major carriers. The payoff: Profits have risen an average 43% over the past three years, to $53.5 million. Meantime, sales have grown an average 23% annually, to $1.06 billion, in 2005. Investors have profited too, as Old Dominion's shares have more than tripled since 2003, to around $33.

Company Info

2005 Rank

NR

Market Value*
($ Millions)

1,200.6

Sales*
($ Millions)

1,116.3

Sales Growth
(3-yr. avg. annual)

23.3 %

Profits*
($ Millions)

57.6

Profit Growth
(3-yr. avg. annual)

42.7 %

Return on Inv. Capital (3-yr.)

9.7 %

Share Price
12-Mo. Hi/Lo

33/18

Share Price
As of 4/28/06

32

Return on Equity

16.1 %

P/E Ratio

21

No. of Employees

9,736

Industry Trucking
CURRENT
MARKET INFO

ODFL >

COMPANY WEB SITE >
Location Thomasville, N.C.
Phone 336 889-5000
*Trailing 12 months
Stock price data as of 4/28/06
DATA: Standard & Poor's Compustat

Related Articles

BB&T Capital Ups Old Dominion Freight


Company Snapshot

Old Dominion Freight Line operates as a less-than-truckload multiregional motor carrier in the U.S. and Canada. It provides one-to-five day service, and next-day and second-day services. The company also offers premium expedited services, truckload services, truckload brokerage services, logistical solutions, container delivery to and from 10 port facilities, and distribution services. As of Mar. 1, 2006, it operates 171 service centers. As of Dec. 31, 2005, the company operated 4,028 tractors; and a fleet of 15,701 trailers, including linehaul tractors, pickup and delivery tractors, pickup and delivery trucks, linehaul trailers, and pickup and delivery trailers. Old Dominion Freight Line was founded in 1934 and has its headquarters in Thomasville, N.C.


Data provided by Capital IQ
 
Earl E. Congdon

Earl E. Congdon, 75

Chairman and Chief Executive Officer


Total Compensation*

$ 2,303,440

Total Options Value*

$ 0

* Fiscal Year 2005


Executive Bio

Earl Congdon joined Old Dominion Freight Line in 1950 and has been serving as chairman of the board and CEO since 1985 and as a director since 1952. He also serves as chairman of the executive committee. Congdon is a son of E. E. Congdon, one of Old Dominion's founders.


Management Team

Key Executives

Earl E. Congdon; John R. Congdon; David S. Congdon; J. Wes Frye; John B. Yowell

Board Directors

Robert G. Culp; Earl E. Congdon; David S. Congdon; John R. Congdon; John A. Ebeling; Franz F. Holscher; John R. Congdon, Jr., III W. Chester Evans


Executive Data provided by Capital IQ