Old Dominion Freight Line(US:ODFL) ZACKS·2025-09-22 17:10Core Insights - Old Dominion Freight Line's (ODFL) shares have declined by 26.2% over the past year, underperforming the trucking industry's overall decline of 22.7% [1][7] Company Performance - The company is experiencing pressure from a soft domestic economy, with a reported 9.3% drop in LTL tons per day in Q2 2025, indicating weaker shipment volumes and lighter freight weights [4][7] - Despite maintaining pricing discipline, evidenced by a 5.3% increase in LTL revenue per hundredweight (ex-fuel), the reliance on yield rather than volume recovery may limit potential upside if demand remains low [4][6] - The Zacks Consensus Estimate for current-quarter earnings has been revised downward by 10.22% over the past 60 days to $1.23 per share, with the 2025 earnings estimate also reflecting a 4.3% decline to $4.89 per share [6][7] Competitive Landscape - Competitive risks are increasing as rivals may adopt aggressive pricing or capacity strategies in a contracting market, which could lead to persistent margin pressure for ODFL [5] - The company’s continued investments in capacity and technology may position it well for future recovery, but near-term results suggest challenges ahead [5] Industry Context - ODFL belongs to an industry currently ranked 202 out of 245 by Zacks, placing it in the bottom 18% of Zacks Industries, which indicates that industry performance significantly impacts stock price movements [8]