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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.
If history says anything it is that transports appear to be early cycle performers when a recovery occurs. If the price of crude oil remains low I think we will see the use of trucking more than the use of rail lines for transport. Also, Old Dominion maintains a sizeable multi-regional service center stamp that covers 200+ service centers across the country. This impressive establishment serves as a barrier to entry for new competition since it isn’t easily replicable. OD is poised to take advantage when the economy recovers.
You are correct, I have worked in this industry 28 years ( 6 @ ODFL ), and I have never worked for a more organized and financialy structured company. Month after month in the past 2 years we have surpassed expectations and continue to grow. This is a solid company !.
This stock still looks cheap here. What do you think?
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