The facility, which opened Nov. 9, … Asked June 8, 2020. Sluggish demand for Old Dominion's (ODFL) services due to the coronavirus pandemic is a major setback. Shares of Old Dominion Freight Line Inc. ODFL, -1.49% rose 1.54% to $215.52 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, … Old Dominion Freight Line ODFL has reduced its quarterly cash dividend by 34.8% as the company grapples with coronavirus-related headwinds. (KSNB) - Old Dominion Freight Line in Grand Island received an upgrade recently. Old Dominion Freight Line, Inc. Edison, NJ 08817. Old Dominion originally expected terminal projects to total $245 million at the beginning of the year before COVID-19 cast uncertainty on freight markets. However, shareholder-friendly measures and strong liquidity aid the company. Old Dominion Freight Line, Inc. is a leading, less-than-truckload ("LTL"), union-free motor carrier providing regional, inter-regional and national LTL services through a single integrated organization. The Motley Fool owns shares of and recommends FedEx and Old Dominion Freight Line. The 2021 hiring spree of Old Dominion Freight Line Inc. includes up to 800 full-time truck drivers nationwide, the Thomasville company said Friday. Through … They moved to an entirely new building in January after being in the city for more than 10 years. The … The Thomasville company … How has Old Dominion Freight Line responded to the COVID-19 outbreak? See insights and explore hiring and work from home policies. Work from home status. Unclear. Full-time. Old Dominion Freight Line, Inc. is a leading, less-than-truckload (“LTL”), union-free motor carrier providing regional, inter-regional and national LTL services through a single integrated organization. Linehaul truck drivers with a Class A driver’s license are eligible for a $5,000 sign-on bonus in a new hiring round by Old Dominion Freight Line. Old Dominion Freight Line reports higher earnings, revenue in Q4; executives say prospects promising for 2021. Job Description. Shares of Old Dominion Freight Line Inc. ODFL, +0.94% advanced 2.00% to $212.21 Friday, on what proved to be an all-around great trading session for … From 46 Indeed user responses. GRAND ISLAND, Neb. They sent most of their IT staff home to work remote in mid-March, but required IT directors to work on site, and furloughed or laid off numerous people in the corporate office. On the call, management said revenue per day was down 19.3% year-over-year in April, the peak of the COVID downturn, but improved as the quarter progressed. Thomasville, N.C.-based national less-than-truckload (LTL) carrier Old Dominion Freight Line (ODFL) provided guidance for key operating metrics for the month of February today. Bonuses posted anonymously by Old Dominion Freight employees. However, shareholder-friendly measures and strong liquidity aid the company. Summary. Leadership approval. Our service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. Old Dominion Freight Line, Inc. is an equal opportunity employer. Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and twelve-month periods ended December 31, 2020. LTL freight volumes and tonnage are increasing year over year in the fourth quarter, but the pandemic’s latest waves could slow growth until COVID-19 vaccines become available. A free inside look at Old Dominion Freight bonus trends based on 624 bonuses wages for 186 jobs at Old Dominion Freight. Coronavirus-led weak freight market conditions are likely to have hurt Old Dominion's (ODFL) Q3 performance. 45% approve of the crisis response. Similar jobs pay $45.70 - $93.86. Old Dominion Freight Line reported gains in fourth-quarter profit and revenue and, despite the COVID-19 pandemic, finished 2020 with a rise in net income. Our service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. From 61 Indeed user responses . incorporation or organization) (I.R.S. Trucking Logistics › LTL Trucking Logistics › Old Dominion Freight Line Hiring status. However, low costs are expected to have aided the bottom line. Moreover, it has an impressive earnings history. ODFL reported that revenue per day increased 9.2% compared to February 2020, which was driven by a 5.9% increase in LTL tons per day, as well as an increase in LTL revenue per hundredweight. The U.S. trucking industry is working hard throughout the novel coronavirus crisis to resupply the run on consumer staples everywhere. Photo: Old Dominion Old Dominion Freight Line announced it anticipates hiring 800 truck drivers with Class A Commercial Driver’s Licenses over the … Old Dominion Freight Line, Inc. is a leading, less-than-truckload (“LTL”), union-free motor carrier providing regional, inter-regional and national LTL services through a single integrated organization. Old Dominion Freight Line ODFL has reduced its quarterly cash dividend by 34.8% as the company grapples with coronavirus-related headwinds. THOMASVILLE, N.C. — Thomasville-based Old Dominion Freight Line is looking to hire 800 licensed truck drivers over the next three months, according to a report by Triad Business Journal. From 69 Indeed user responses. Old Dominion Freight Line is currently recruiting for a Dock Supervisor to join our OD Family Culture. Old Dominion Freight Line Inc. said Monday it has added nine or renovated service centers within new and existing markets. Old Dominion Freight Line Inc. has added nine service centers in new and existing markets, the less-than-truckload carrier announced. How has Old Dominion Freight Line responded to the coronavirus? The Zacks Consensus Estimate for second-quarter 2020 earnings has been revised upward by 2% in the past 60 days. View jobs. The company’s board reduced its quarterly dividend to 15 cents per share (annually: 60 cents), from the previous payout of 23 cents. Old Dominion Freight Line, Inc. expands its network by adding nine service centers in new and existing markets. Old Dominion Freight Line ODFL is scheduled to report second-quarter 2020 results on Jul 30, before market open. Unclear. Old Dominion Freight Line's share price has increased from $11 in the beginning of 2009 to ~$200 currently. Sluggish demand for Old Dominion's (ODFL) services due to the coronavirus pandemic is a major setback. Old Dominion Freight Line reported gains in fourth-quarter profit and revenue and, despite the COVID-19 pandemic, finished 2020 with a rise in net income. Old Dominion Freight Line and COVID-19. MANSFIELD - Old Dominion Freight Line recently opened a new service center called the Mansfield Service Center at 2101 Airport West Road. OLD DOMINION FREIGHT LINE, INC. (Exact name of registrant as specified in its charter) Virginia 56-0751714 (State or other jurisdiction of. The company’s earnings have outperformed the Zacks Consensus Estimate in three of the preceding four … Refer friends, get paid! The company's excellent service quality has helped it gain market share. They set up shop in a 34-door facility that sits on 9.3 acres of land. Our service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States.
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