Group 1 - Old Dominion Freight Line's shares have rebounded sharply by about 38% from a 52-week low of approximately $126 to around $173 [1][2] - The company's business model, being a less-than-truckload (LTL) carrier, is more vertically integrated, which can lead to significant profit swings when demand is healthy [4][5] - Despite the rebound in stock price, the company's third-quarter revenue fell 4.3% year over year to $1.41 billion, with operating income down 10.2% to about $361 million and earnings per share declining 10.5% to $1.28 [6] Group 2 - Demand for Old Dominion's services is currently weak, evidenced by a 9% year-over-year decline in LTL tons per day, alongside a 7.9% drop in shipments per day and a 1.2% drop in weight per shipment [6] - However, pricing has remained resilient, with LTL revenue per hundredweight (excluding fuel surcharges) increasing by 4.7% year over year, indicating the company can charge more for the freight it carries even in a softer market [7] - The stock is no longer considered a bargain following its recent price increase, raising questions about the potential upside for investors [8]