News

Old Dominion Freight Line announced Monday a 4.9% general rate increase across various tariff codes effective Oct. 5, moving the date up by a month for the second consecutive year. The post Old Dominion pulls forward 4.9% GRI as LTL carriers accelerate rate hikes appeared first on FreightWaves.

Investing.com -- Citi has turned more positive on trucking and logistics stocks, upgrading Old Dominion Freight Line and C.H. Robinson to Buy in a note Tuesday after both fell from their summer highs.

Investing.com -- U.S. stock futures fell early Tuesday, kicking off a shortened trading week as Wall Street monitored the U.S.-Iran conflict alongside rising trade tensions between Canada and the U.S. Futures tied to the Dow Jones Industrial Average fell 0.8% by 05:30 ET (09:30 GMT). S&P 500 futures fell 0.3% and Nasdaq-100 futures slipped 0.1%. U.S. markets were closed Monday for Labor Day.

Record EPS and 450 basis point operating ratio gain signal strong operational leverage.

In business, losing a bidding war is usually bad news. Old Dominion Freight Line (ODFL) lost one in 2023, and that defeat quietly became one of the smartest financial decisions in the company’s history. The rival on the other side of that story was Yellow Corp, a nearly 100-year-old carrier that ...

Moby summary of Old Dominion Freight Line, Inc.'s Q2 2026 earnings call

Old Dominion Freight Line Inc (ODFL) reports a 10.4% revenue increase and a 450 basis point improvement in operating ratio, despite facing economic headwinds and a decrease in LTL tons per day.

Old Dominion Freight Line (NASDAQ:ODFL) reported higher second-quarter revenue and earnings as improving demand trends, pricing discipline and operating leverage supported results, while management said the company remains positioned to gain share as freight markets recover. Revenue rose 10.4% from

JB Hunt (JBHT) delivered earnings and revenue surprises of +11.70% and +9.50%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Investing.com -- Citi upgraded Knight-Swift Transportation and Saia to Buy and Old Dominion Freight Line to Neutral in a note Thursday, reversing recent downgrades after a pullback in trucking stock prices created sufficient upside to justify the rating changes.

FedEx is guiding for a major profit acceleration, but on its latest earnings call, analysts pressed hard on whether the growth is real or just a story of well-timed costs.

Old Dominion Freight is set to announce its second-quarter earnings this month, and Wall Street expects a double-digit rise in its profits.

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.99%. June E-mini S&P futures (ESM26 ) fell -1.19%, and June E-mini Nasdaq futures...

The S&P 500 Index ($SPX ) (SPY ) today is down -0.15%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. June E-mini S&P futures (ESM26 ) are down -0.17%, and June E-mini Nasdaq futures...

Investing.com -- Citi has adopted a more cautious stance on North American trucking stocks, arguing that strong freight fundamentals and rising earnings expectations are already largely reflected in share prices after a sharp rally across the sector in 2026.

Amazon.com muscled into the less-than-truckload (LTL) freight business on Wednesday, driving S&P 500 members FedEx Freight and Old Dominion Freight Lines into a pothole. However, the freight stocks bounced back off early lows as investors saw a relatively modest near-term threat.

Old Dominion, Saia, and XPO each fell 5% or more after Amazon opened its less-than-truckload service to all U.S. businesses

Investing.com -- Shares of several trucking companies fell sharply on Tuesday after Amazon announced the U.S. expansion of its less-than-truckload freight service to any destination and any business size, rattling investors in the transportation and logistics sector.

(Bloomberg) -- Shares of several large trucking companies plunged on Wednesday after Amazon.com Inc. announced an expansion of its shipping service that has already shaken the transportation and logistics sector and unsettled investors.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopter Downed, Testing Peace TalksStocks Pare Tech-Led Drop as Rotation Gains Speed: Markets W

Amazon Broadens Freight Offering Across the United StatesShares of Saia (NASDAQ:SAIA), Old Dominion Freight Line (NASDAQ:ODFL) and FedEx Freight (NYSE:FDXF) came under pressure in premarket trading after Amazon (NASDAQ:AMZN) unveiled a significant expansion of its less-than-truckload (LTL) freight business. Saia and Old Dominion shares fell approximately 7%, while FedEx Freight declined around 6%, as investors assessed the competitive implications of Amazon’s move deeper into the freight transpo

FedEx Freight bucked the market trend on Friday, making it one of the best-performing stocks in the S&P 500 on a tough day for the market. Shares of the company, which spun out of FedEx on June 1, gained 6.4% on Friday, closing at $167.84, while the and fell 2.6% and 4.2%. FedEx Freight is likely avoiding the drawdown because shares are very new.

Jim Cramer says newly public FedEx Freight could become a “true winner” as Wall Street bets the trucking giant’s spinoff from FedEx will finally unlock the premium valuation.

As North America's largest pure-play LTL carrier, the newly spun-off company faces a shrunken market, skeptical analysts and a long road to its own margin targets.

FedEx Freight began trading as an independent company this week, but analysts say stronger margins and operating performance are needed before they become more bullish on the stock.

Instead, FedEx’s spinoff—FedEx Freight trades under the symbol FDXF—is complete. FedEx was at $333 in late-morning trading, down about 1% from its Friday close north of $411. FedEx Freight shares were trading for $164, up about 2.5% from its late Friday price of about $160.

The long-awaited spinoff of FedEx Freight is just about done, and shares of the newly independent less-than-truckload business start trading on Monday, June 1. Old Dominion Freight Line and XPO are LTL shippers. The reason for FedEx’s separation of its LTL business is relatively obvious.

Shares of trucking companies such as Old Dominion and J.B. Hunt are up Thursday after a Supreme Court ruling regarding broker liability raised expectations that there could be more business directed to the largest carriers. The high court today ruled that a man struck by a truck coordinated by C.H, Robinson, a freight brokerage, can sue the firm for negligent hiring. Brokers face increased verification responsibilities and may direct customers to the larger trucking companies that have more resources for safety programs compared with smaller or newer carriers.

FedEx stock dropped after Amazon unveiled a new logistics offering that could compete directly with the shipping giant’s core business.

Old Dominion Freight Line (NASDAQ:ODFL) executives said first-quarter results showed improving demand trends as the period progressed, even as revenue declined year over year amid lower less-than-truckload (LTL) volumes. Management pointed to accelerating sequential tonnage growth late in the quarte

Moby summary of Old Dominion Freight Line, Inc.'s Q1 2026 earnings call