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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.
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