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Old Dominion Freight Line Ramps up a $3 Billion Share Repurchase – Buyback Wednesdays

  • August 2, 2023

Key Insights:

  • Old Dominion Freight Line, Inc. (ODFL) is a prominent American less-than-truckload (LTL) shipping company operating at regional, inter-regional, and national levels
  • The company boasts a history of substantial revenue growth and strong profitability, reflecting its sound business strategies.
  • The recent shut down of operations at Yellow Corporation (YELL) should provide a short-term catalyst for other trucking companies like Old Dominion.

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