Old Dominion Freight Line

  • Three Different Models in the Trucking Industry

    By usman iftikhar - August 6, 2013 | Tickers: JBHT, LSTR, ODFL

    There are three types of business models prevalent in the trucking industry. Some companies are those who own the delivery trucks and vehicles like Old Dominion Freight Line (NASDAQ: ODFL). Then there are companies who do not own trucks and instead act as truck brokers to earn commissions by connecting with self-employed truckers who have their own trucks like Landstar (NASDAQ: LSTR). And the last one is those which have more »

  • Should You Invest in These Struggling Truckers?

    By Robert Hanley - July 22, 2013 | Tickers: ABFS, ODFL, YRCW

    The trucking industry has been running in a higher gear lately, as domestic economic growth has led to higher shipments of a variety of products, including auto components and general retail goods.  The big winners have been the less-than-truckload companies, like Old Dominion Freight Line (NASDAQ: ODFL), which efficiently carry items for multiple customers over relatively short distances, typically 500 to 1,000 miles.  While long haul truckers haven’t more »

  • How Should You Trade These Trucking Stocks?

    By Madhukar Dubey - July 11, 2013 | Tickers: JBHT, LSTR, ODFL

    According to the American Trucking Association, or ATA, its seasonally adjusted For-Hire Truck Tonnage index reached 126 in May 2013, showing growth of just 2.3%. This continues the slumping trend for the second quarter in a row, but it is also 6.7% growth year-over-year. The ATA expects that tonnage growth will remain flat or slightly improve, with momentum gaining throughout 2013; the second half of 2013 should provide more »

  • One Trucking Name to Buy, Two to Sell

    By Zain Abbas - June 26, 2013 | Tickers: CHRW, LSTR, ODFL

    Improving fundamentals for the trucking industry have attracted a lot of attention from investors. Favorable market dynamics are at play that support improving returns and mid-teen earnings growth on the back of incremental margin expansion from modest tonnage growth, pricing gains, and relatively benign unit costs.

    However, this theme does not present a straightforward investing idea. Within the trucking industry, we have two main types of players: asset owners and more »

  • Profits Flow From Southeast Logistics Hubs

    By Arturo Cuevas - May 28, 2013 | Tickers: CSX, JBHT, NSC, ODFL

    Investing opportunities in logistics seem ripe these days. Indications are that people are now getting more inclined to spend, and thus, more goods need to get moving. Among the recent indicators of zealous U.S. consumer sentiment came from a Thomson Reuters/University of Michigan preliminary assessment for May. It showed that overall, the index of consumer sentiment rose in early May to its highest level in almost six years more »

  • Understanding the Economy in the Language of the Truck Industry

    By Zain Abbas - April 22, 2013 | Tickers: JBHT, KNX, ODFL

    Trucking stocks have been making the headlines given a recent rally witnessed in the whole trucking industry. However, it is not the trucking stocks that people are so interested in – it is the direct correlation between the trucking industry and general economic activity of a region that has attracted investors' and economists' attention. Given the ongoing earnings season, a look at the earnings preview of couple of truck players will more »

  • 2 Trucker Stocks to Buy, 1 to Hold

    By Masam Abbas - April 11, 2013 | Tickers: CNW, JBHT, ODFL

    The earnings season has already kicked off, and many companies have already announced their earnings. The trucking industry has lately been attracting attention from investors as many people believe that freight levels are improving. It is good to remember that trucking freight level is a good indicator of health of the economy, and this is why investors keenly follow this freight level. In fact, an important index that shows the more »

  • 2 Trucker Stocks to Buy, 1 to Hold

    By Masam Abbas - April 9, 2013 | Tickers: CNW, JBHT, ODFL

    The earnings season has already kicked off and many companies have already announced their earnings. The trucking industry has lately been attracting attention from investors as many people believe that the freight levels are improving. It is not to forget that trucking freight level is a good indicator of health of the economy and this is why investors keenly follow this freight level. In fact, an important index that shows more »

  • UPS Explores a New Business Path

    By Rhodora Dagatan - February 28, 2013 | Tickers: FDX, JBHT, ODFL, UPS

    United Parcel Service (NYSE: UPS) is headquartered at Sandy Springs, Georgia, and is in the business of global package delivery, bringing about fifteen million packages to more than six million clients around the globe. Known for its brown trucks that mimic its brown paper packages, it operates its own airline that flies out of its Louisville, Kentucky hub.

    The company was founded as the American Messenger Company in Seattle by more »

  • What’s Driving Heartland America? (Part 2)

    By Marshall Hargrave - January 30, 2013 | Tickers: ABFS, CHRW, CNW, JBHT, ODFL, UNP

    What’s Driving Heartland America? (Part 2)

    Where the rail companies are expected to get a boost from a rebounding economy, so should the trucking companies. As the U.S. starts to see some steadying of its economy, we should see an increase in products moving across America. Trucking companies are one of the key transporters of these products. The top trucking companies moving across the U.S. include: J more »

  • The Earnings Story for the Truckers

    By Zain Abbas - January 23, 2013 | Tickers: CNW, JBHT, LSTR, ODFL, R

    The trucking industry moves in early cycles, i.e. the activity in the industry rises well before the economy witnesses growth. Similarly, the recessionary times see a decline in this industry’s revenue well before the economy experiences a recession. What is currently going on in this industry will be much clearer after this earnings season.

    I think the challenging environment in 4Q (storms, and tepid demand growth) will likely more »

  • This Shipping Company Looks Cheap

    By Ted Cooper - January 2, 2013 | Tickers: ABFS, ODFL

    Low margin, capital intensive businesses usually turn out to be the worst investments in any given year. However, occasionally these businesses will trade at a price low enough to become interesting as an investment instead of a speculation. This is the case with Arkansas Best Corporation (NASDAQ: ABFS), one of the largest less-than-truckload (LTL) shippers in the United States. The company competes with the likes of FedEx and UPS, which more »

  • Insiders Are Bullish About this Trucking Company

    By Meena Krishnamsetty - December 11, 2012 | Tickers: CNW, JBHT, ODFL, SWFT, WERN

    According to a filing with the SEC, a family trust managed by the spouse of Douglas Duncan purchased 2,600 shares of J.B. Hunt Transport Services (NASDAQ: JBHT) on Dec. 5 at an average price of $58.97. Duncan is a member of J.B. Hunt’s Board of Directors, and so this transaction had to be disclosed as insider trading. He had already owned 11,000 shares directly more »

  • A Truck Stock on the Growth Road

    By Shweta Dubey - December 10, 2012 | Tickers: JBHT, ODFL, YRCW

    Freight companies in the United States are now concentrating on utilizing energy efficient sources, which not only reduce their carbon footprint but also lower their annual energy expenses. Various initiatives are being taken in this regard, such as motion sensors, solar panels, biodegradable packaging materials, speed reduction by drivers, etc. The stock I picked up today, Old Dominion Freight Line (NASDAQ: ODFL), has made its appearance in the Inbound Logistics more »

  • On The Road Again

    By Robert Hanley - November 29, 2012 | Tickers: CMI, FLT, ODFL | Editor's Choice

    The trucking industry continues to roll, delivering the nation’s products from manufacturers to your local neighborhood merchant.  According to the American Trucking Association, an industry trade group, trucking companies transport roughly 70% of the country’s freight and they continue to be a leading barometer of economic growth.  While the financial crisis of 2008 led to reduced traffic and some bankruptcies, smart operators have spent the last few years more »

  • This Board Member Bought Nearly $260,000 In Stock

    By Meena Krishnamsetty - November 7, 2012 | Tickers: CNW, JBHT, LSTR, ODFL, WERN

    According to a filing with the SEC, James Robo purchased 4,500 shares of J.B. Hunt Transport Services (NASDAQ: JBHT) on October 31 at an average price of $57.49. Robo, who became the new CEO of Nextera Energy earlier this year, serves on J.B. Hunt’s Board of Directors and so this transaction had to be disclosed as an insider buy. Insiders who purchase shares of their more »

  • 3 Fast Growing Companies To Get Your Portfolio Moving

    By Chad Henage - October 19, 2012 | Tickers: JBHT, KSU, ODFL

    There are certain industries that directly benefit from an improving economy. With the Federal Reserve committed to QE3, domestic transportation companies should directly benefit from higher demand in the end. To try and find a good play on this impending higher demand, I wanted to look at mid-cap stocks first. While larger players like FedEx, or railroads like CSX might make some sense, they don't generally grow as fast as their smaller compatriots. Using the Fool.com CAPS Screener, I've identified three companies that look like good choices to capitalize on this fast growth.

  • Is J.B. Hunt a Buy after Earnings?

    By Meena Krishnamsetty - October 14, 2012 | Tickers: CNW, JBHT, LSTR, ODFL, WERN

    No downturn here: J.B. Hunt Transport Services (NASDAQ: JBHT), the largest publicly traded American trucking company by market cap (at $6.4 billion), reported on Oct. 11 that during the third quarter of 2012 both its revenue and earnings had grown at double-digit rates compared to the third quarter of 2011. Revenue was up 11%, narrowly beating expectations; margins grew a bit, with earnings rising 14%, though this slightly more »

  • Is It Time To Go on a Ride With J.B. Hunt?

    By Ryan Guenette - September 6, 2012 | Tickers: CNW, JBHT, ODFL, SWFT, WERN

    J.B. Hunt  (NASDAQ: JBHT) is a holding company which operates as a surface transportation and delivery service company catering to its vast portfolio of customers stretching throughout continental United States, Canada, and Mexico. Its products and services include the transportation of full truckload freight and other delivery services. Its delivery services are made possible by its vast network of cross-dock service centers located throughout continental United States.  J.B more »