Old Dominion Freight Line (NASDAQ:ODFL)
CAPS Rating:
A non-union less-than-truckload multi-regional motor carrier providing one-to-five day service among five regions in the United States and next-day and second-day service within these regions.
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Due to the fact that Diesel keeps climbing and the clean air regulations aren't going away, I don't see the near future getting any brighter for the trucking industry. Although we are seeing an increased demand for transportation services now, I feel this stock may continue increase in the near term but underperform long term. Thus, thumbs down on many of the domestic trucking businesses.