Old Dominion: Light At The End Of The Tunnel - Part 2

  • Old Dominion remains my top LTL pick for its unmatched customer service and pricing power, making it a long-term winner. Despite ongoing volume declines, freight prices are firming, signaling supply-demand balance as weaker players exit and capacity tightens. Industry-wide capex cuts, especially by ODFL and peers, historically signal a market bottom and set the stage for recovery.