Overview
Old Dominion Freight Line, Inc. is a U.S.-based less-than-truckload (LTL) motor carrier, providing regional, inter-regional and national freight transportation. Its services also include expedited transportation, container drayage, truckload brokerage and supply-chain consulting. The company’s integrated, union-free network primarily serves the continental United States, with partner-enabled international coverage across North America and other destinations.[1][2][3]
Founded in 1934, Old Dominion states its mission is to provide innovative solutions that exceed customer expectations, increase shareholder value and support the success of the company and its employees.[4][5] For fiscal 2025, the company reported revenue of approximately $5.50 billion and 20,591 full-time employees; it operated 260 service centers at year-end.[6][7][8] [1][2][3][4][5][6][7][8][3][5]
Products & services
Old Dominion Freight Line’s principal service is less-than-truckload (LTL) transportation, moving freight for multiple customers in shared trailers through regional, inter-regional and national services. The company also offers expedited LTL options, including guaranteed delivery and weekend service. More than 98% of revenue has historically come from transporting LTL shipments.[9][10][11]
Additional offerings include time-critical and specialized freight services, with options such as same-day or after-hours delivery and temperature-controlled handling; international freight forwarding and container services, including less-than-containerload (LCL) and full-containerload (FCL); and truckload brokerage for dry van, flatbed and refrigerated shipments.[12][3][13] [9][10][11][12][3][13]
Geographic presence
Old Dominion Freight Line’s core operating footprint is the continental United States. At year-end 2025, it operated 260 service centers, 240 owned and 20 leased, positioned to support local pickup and delivery and interconnected linehaul operations. The company describes its coverage as regional, inter-regional, and national; its service information specifies coverage across the 48 contiguous states in six U.S. regions.[8][14][15]
More than 95% of revenue in each of the three fiscal years covered by the 2025 filing came from services performed in the United States, while less than 5% came from international services; the company does not disclose a more detailed regional revenue breakdown. Its North American service offerings also include destinations to and from Canada, Mexico, Hawaii, Alaska, and Puerto Rico.[2][10] At December 31, 2025, ODFL had 20,591 active full-time employees, but its filing does not provide their geographic distribution.[16][7] [8][14][15][2][10][16][7][15][10]
Business segments
Old Dominion Freight Line reports one operating and reportable segment: an integrated LTL transportation business providing regional, inter-regional and national services. That segment represents 100% of reported company revenue and segment results; expedited LTL, container drayage, truckload brokerage and supply-chain consulting are included in the business rather than reported as separate segments. The company has stated that LTL shipment transportation historically generated more than 98% of revenue.[17][18][9]
In Q2 2026, the sole segment reported $1,554.0 million in revenue and $350.6 million in net income—effectively 100% of the company totals, with no separate segment split.[19] Geographic disclosures are not reportable segments: the company reported that more than 95% of revenue in each of the three fiscal years covered by its 2025 annual report came from U.S. services, and less than 5% from international services.[2] [17][18][9][19][19][2]
Company history
Earl and Lillian Congdon founded Old Dominion Freight Line in 1934, beginning with one truck serving the Richmond–Norfolk route in Virginia. The company was incorporated in Virginia in 1950.[4][20] In 1957, it acquired Bottoms-Fiske Truck Line, expanding its reach in North Carolina and southern Virginia; in 1962, it moved its corporate offices to High Point and merged with Bottoms-Fiske. Subsequent acquisitions, including Star Transport, extended its network into the Northeast.[20]
Old Dominion went public in 1991.[20] David Congdon became president and CEO in 2008, succeeding Earl E. Congdon, who became executive chairman.[21] Greg Gantt became CEO in 2018, with Congdon moving to executive chairman; Kevin “Marty” Freeman succeeded Gantt as president and CEO in 2023.[22][23] [4][20][21][22][23]
Sources
- OLD DOMINION FREIGHT LINE, INC. — Full financial report (2025 Y)
- www.odfl.com[3]
- www.odfl.com[5]
- OLD DOMINION FREIGHT LINE, INC. — Full financial report (2026 Q 2)
- www.odfl.com[10]
- www.odfl.com[11]
- www.odfl.com[12]
- www.odfl.com[13]
- www.odfl.com[15]
- www.odfl.com[20]
- ir.odfl.com[21]
- ir.odfl.com[22]
- ir.odfl.com[23]
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