Old Dominion Freight Line

What Old Dominion Freight Line does

Old Dominion Freight Line, Inc. (NASDAQ: ODFL) is one of the largest less-than-truckload (LTL) motor carriers in North America, operating a single integrated, union-free network of 260 service centers across the continental United States with strategic carrier alliances extending coverage into Canada, Mexico, and select international destinations. Founded in 1937 (per company disclosures; 1934 per third-party firmographic sources) and headquartered in Thomasville, North Carolina, ODFL generated $5,496.4 million in FY2025 revenue and $1,334.7 million in Q1 2026 revenue, with approximately 20,264–20,591 employees.

ODFL's service portfolio is anchored by OD Domestic LTL — the core regional, inter-regional, and national LTL freight product — and is supplemented by OD Expedited LTL (time-sensitive guaranteed delivery), OD Global (international freight forwarding including ocean/air, LCL/FCL, and cross-border services), OD Truckload, OD Container Drayage (including Hawaii, Alaska, and Puerto Rico), and OD Specialized Services (trade show logistics and product rollouts). The technology layer consists of proprietary operational systems, a digital self-service platform with shipment tracking (by PRO number), rate estimation, transit-time and route guides, density and freight class calculators, and shipping API integrations. On-time service performance is reported at 99% and the claims ratio is below 0.1% in Q1 2026, supporting 16 consecutive years as the #1 National LTL Carrier for Quality from Mastio & Co.

The business model is transaction-based: revenue is earned per shipment with rates determined by weight (revenue per hundredweight), distance, freight class, and applicable surcharges (including a separate fuel surcharge). Pricing is quote-based with periodic general rate increases (GRIs). Go-to-market is sales-led B2B with direct service center coverage, dedicated account management teams for enterprise shippers, and digital self-service tools for mid-market customers. End markets span manufacturing, retail, and industrial shippers requiring reliable LTL capacity across North America, with the company targeting an estimated 12–15% share of a fragmented LTL market and a market capitalization of approximately $45.59 billion as of June 2026.

Name

Old Dominion Freight Line

Legal name

Old Dominion Freight Line, Inc.

Website

https://odfl.com

Company type

Public

Founded year

1937

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Less-Than-Truckload Freight Transportation

NAICS

General Freight Trucking, Long-Distance (48412), Freight Transportation Arrangement (488510), Freight Transportation Arrangement (48851)

SIC

Trucking (No Local) (4213), Trucking & Courier Services (No Air) (4210)

akta.pro primary industry

National/Regional LTL General Freight Carriers (TLADAEAA)

akta.pro secondary industries

Interregional/Long-Haul LTL Network Carriers (TLADAEAC), Expedited LTL (Guaranteed/Time-Definite LTL) (TLADANAC), Cross-Border LTL (US-MX/US-CA) (TLADAEAI), Less-Than-Truckload (LTL) / Groupage Forwarding (TLACACAB), LTL Consolidators & Deconsolidators (TLADAEAE)

Keywords

• Less-than-truckload shipping
• Freight transportation services
• LTL freight carrier
• Domestic freight shipping
• Expedited freight delivery

Headquarters

HQ city

Thomasville

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. LTL Freight Transportation Services: Core revenue stream from less-than-truckload freight transportation, including regional, inter-regional, and national LTL services. Revenue is determined by shipment weight (per hundredweight), distance, and applicable surcharges including fuel surcharges. Q1 2026 LTL services revenue was $1.32 billion.
2. Expedited LTL Services: Time-sensitive LTL freight services for high priority shipments requiring specific delivery windows. Includes MABD (Morning After Delivery), Expedited On Demand, and Guaranteed Services.
3. Container Drayage: Intermodal container transport services to/from ports, rail terminals and distribution centers, including service to Hawaii, Alaska, and Puerto Rico.
4. Truckload Brokerage: Brokerage services for full truckload shipments that complement the LTL network, utilizing third-party capacity providers.
5. Global Freight Services: International freight services including ocean and air imports/exports, LCL (Less than Container Load) and FCL (Full Container Load) services to/from Canada, Mexico and worldwide destinations.
6. Supply Chain Consulting: Advisory services helping customers optimize their supply chain and logistics operations.
7. Trade Show Services: Specialized logistics for trade show and exhibition materials, including inbound and outbound shipping.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Old Dominion Freight Line operates a single integrated, union-freight LTL motor carrier network providing regional, inter-regional, and national less-than-truckload freight transportation through 260 company-owned service centers in the continental United States. Its core offering is OD Domestic LTL, complemented by expedited LTL, truckload brokerage, container drayage, global ocean/air freight, trade show logistics, and supply chain consulting services sold primarily to business shippers.

Product overview

Old Dominion Freight Line operates as a unified less-than-truckload (LTL) motor carrier providing a single integrated service platform. The core product is OD Domestic LTL, offering regional, inter-regional, and national freight shipping throughout the continental United States via 260 company-owned service centers. This core service is supplemented by OD Expedited LTL for time-critical shipments, OD Global for international services including Canada, Mexico, and worldwide freight, OD Truckload for full truckload needs, OD Container Drayage for intermodal ocean freight, and OD Specialized Services for trade show and product rollout logistics. Supporting these shipping services are digital tools including a Freight Density Calculator and Freight Value Calculator.

Differentiator

Problem solved

Functional benefit

Products and services

• OD Domestic LTL

Quantifiable outcome

• 99% on-time service performance
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Strategic Carrier AlliancescoreChannel Partner/ Reseller/ DistributorOld Dominion maintains strategic alliances with other carriers to provide LTL services throughout North America beyond its own direct service center network. These partnerships extend geographic coverage to Canada and Mexico.

Scale indicators12 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Saia Inc. Public LTL motor carrier operating a regional/national terminal network across the US. Closest direct competitor to ODFL with similar point-to-point LTL service model and ongoing terminal expansion strategy.
• XPO Inc. Pure-play LTL motor carrier following its 2022 RXO/GXO spin-offs. Directly comparable LTL network, service center footprint, and customer segments to ODFL.
• ArcBest Corporation: Operates ABF Freight, one of the largest LTL networks in North America, plus asset-light logistics. Direct competitor in LTL with overlapping service center strategy.
• TFI International (TForce Freight): Canadian-based multi-mode transportation company operating TForce Freight LTL in the US. Direct LTL competitor with cross-border North American reach comparable to ODFL's alliance-based Canada/Mexico coverage.
• Estes Express Lines: Largest privately held LTL carrier in the US with national terminal network. Comparable as a direct LTL competitor, particularly in Eastern US, and a frequent benchmark in ODFL's competitive set.
• R+L Carriers: Privately held LTL carrier with national US footprint plus global freight forwarding. Direct comparable on LTL service offering, scale, and broad service portfolio including expedited and trade show logistics.

Broad incumbents

• Knight-Swift Transportation: Largest US truckload carrier that has expanded into LTL via the 2021 AAA Cooper and 2024 U.S. Xpress acquisitions. Comparable as a multi-mode surface transportation competitor with growing LTL exposure.
• J.B. Hunt Transport Services: Large multi-modal carrier with intermodal, dedicated, and brokerage services. Adjacent comparable given its size, enterprise customer base, and recent expansion into final-mile and LTL-adjacent offerings.
• Schneider National: Large publicly traded multi-mode carrier spanning truckload, intermodal, and logistics. Comparable as a broad incumbent in surface freight serving many of the same enterprise shippers as ODFL.
• Werner Enterprises: Public truckload and logistics provider with dedicated, one-way, and brokerage offerings. Comparable as a broad incumbent competing for enterprise freight spend, with overlap on dedicated and logistics services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/old-dominion-freight-line
• Xx.com/odfl_inc
• Facebookfacebook.com/OldDominionFreightLine

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Old Dominion Freight Line