Core Insights - Old Dominion Freight Line (ODFL) reported a revenue of $1.37 billion for the quarter ended March 2025, reflecting a decrease of 5.8% year-over-year, while EPS was $1.19 compared to $1.34 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate by 0.47%, and the EPS surpassed the consensus estimate by 3.48% [1] Financial Performance Metrics - Operating Ratio was reported at 75.4%, better than the average estimate of 76.3% by analysts [4] - LTL tons transported were 2,087 KTon, slightly above the average estimate of 2,079.28 KTon [4] - LTL tonnage per day was 33.14 Kton/D, close to the estimated 33.4 Kton/D [4] - LTL shipments totaled 2,808, exceeding the average estimate of 2,801 [4] - LTL shipments per day were 44.57 thousand, compared to the estimated 44.47 thousand [4] - LTL weight per shipment was 1,487 lbs, slightly above the average estimate of 1,484.92 lbs [4] - LTL revenue per hundredweight, excluding fuel surcharges, was $27.89, surpassing the estimated $27.84 [4] - Total revenue from LTL services was $1.36 billion, slightly above the average estimate of $1.35 billion, representing a year-over-year decline of 5.9% [4] - Total revenue from other services was $14.02 million, exceeding the estimate of $13.37 million and showing a year-over-year increase of 5.1% [4] Stock Performance - Old Dominion's shares have returned -9.3% over the past month, compared to a -6.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]

Core Viewpoint - Analysts expect Old Dominion Freight Line (ODFL) to report quarterly earnings of $1.14 per share, reflecting a year-over-year decline of 14.9%, with revenues projected at $1.37 billion, down 6.3% from the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 4.4%, indicating a collective reassessment by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3]. Revenue and Key Metrics - Analysts estimate 'Total revenue- Other services' to be $13.37 million, showing a year-over-year increase of 0.2% [5]. - 'Total revenue- LTL services' is forecasted to reach $1.35 billion, indicating a decline of 6.5% year-over-year [5]. - The expected 'Operating Ratio' is 76.3%, up from 73.5% in the same quarter last year [5]. LTL Performance Metrics - 'LTL tonnage per day' is projected at 33.40 Kton/D, down from 35.38 Kton/D a year ago [6]. - 'LTL shipments per day' are expected to be 44.47 thousand, compared to 46.93 thousand in the same quarter last year [6]. - 'LTL revenue per hundredweight' is estimated at $32.62, up from $31.98 a year ago [6]. Additional LTL Metrics - 'LTL revenue per hundredweight, excluding fuel surcharges' is projected at $27.84, compared to $26.78 last year [7]. - 'LTL shipments' are expected to reach 2,801, down from 3,004 in the same quarter last year [7]. - 'LTL tons' are forecasted at 2,079.28 KTon, down from 2,264 KTon a year ago [8]. Shipment and Weight Metrics - The average 'LTL weight per shipment' is estimated at 1,484.92 lbs, compared to 1,508 lbs last year [8]. - 'Work days' are projected to be 63.00 days, down from 64 days a year ago [8]. - 'LTL revenue per shipment' is expected to be $483.32, slightly up from $482.24 in the same quarter last year [9]. Stock Performance - Over the past month, shares of Old Dominion have declined by 6.9%, compared to a 5.6% decline in the Zacks S&P 500 composite [9]. - Currently, ODFL holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [10].

Core Points - XPO will hold its first quarter conference call and webcast on April 30, 2025, at 8:30 a.m. Eastern Time, with results released earlier that morning [1] - The company is a leader in asset-based less-than-truckload (LTL) freight transportation in North America, moving 18 billion pounds of freight annually [3] - XPO serves approximately 55,000 customers and operates 614 locations with a workforce of 38,000 employees in North America and Europe [3] Access Information - Toll-free call from US/Canada: 1-877-269-7756; international callers: +1-201-689-7817 [2] - Live webcast available at www.xpo.com/investors [2] - Replay of the conference call available until May 30, 2025, with specific passcode for access [2] Company Overview - XPO, Inc. is headquartered in Greenwich, Connecticut, and utilizes proprietary technology to enhance its customer-focused operations [3] - The company is active on various social media platforms including LinkedIn, Facebook, X, Instagram, and YouTube [3] Contact Information - Investor contact: Brian Scasserra, +1-617-607-6429, brian.scasserra@xpo.com [4] - Media contact: Cole Horton, +1-203-609-6004, cole.horton@xpo.com [4]

Financial Data and Key Metrics Changes - For Q1 2025, consolidated GAAP revenue declined by 1%, operating income decreased by 8%, and diluted EPS decreased by 4% compared to the prior year quarter [13][14] - The declines were primarily driven by lower yields and inflationary cost pressures, particularly noticeable increases in insurance premiums for the third consecutive year [14] Business Line Data and Key Metrics Changes - Intermodal volumes set a first-quarter record, with volumes up 8% year-over-year, and specific monthly increases of 9% in January, 6% in February, and 7% in March [35] - The Dedicated Contract Services segment sold approximately 260 new trucks in Q1, with an annual net sales target of 800 to 1,000 new trucks [29] - Final Mile demand for big and bulky products remains muted, but fulfillment network demand was positive due to off-price retail trends [23] Market Data and Key Metrics Changes - Overall customer demand trended in line with normal seasonality, with intermodal service demand remaining strong [17] - The truckload market loosened as the quarter progressed, indicating that truckload capacity continues to exceed demand [18] Company Strategy and Development Direction - The company remains focused on operational excellence, providing valuable services to customers, and scaling strategic investments [9][10] - Management is exploring various options to eliminate costs more aggressively while maintaining service quality [10] - The company aims to repair margins and improve financial performance as a top priority [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's positioning for future growth despite a challenging freight environment [11] - The uncertain macro environment and trade policy are top concerns for customers, impacting their planning and strategies [20] - Management emphasized the importance of being agile and responsive to market dynamics [10] Other Important Information - The company issued $750 million of new senior notes to extend the term on some of its debt maturing later in the year [16] - The company repurchased $234 million of stock during the first quarter, with $650 million remaining on its current authorization [16] Q&A Session All Questions and Answers Question: Can you provide an update on intermodal bid season? - Management indicated mild satisfaction with bid season success, achieving some rate increases while losing some business due to disciplined pricing [42][72] Question: How are you managing costs amid uncertain demand? - Management is focused on scenario planning and adjusting cost management strategies based on evolving market conditions [58][117] Question: What is the impact of tariffs on your business? - Management noted that customers are considering various strategies in response to tariffs, but the magnitude and timing of impacts remain uncertain [20][66] Question: How do you view the current pricing environment? - Management acknowledged that while they are pushing for price increases, they are also facing competitive pressures that affect pricing outcomes [72][108]

GREENWICH, Conn., March 31, 2025 (GLOBE NEWSWIRE) -- XPO (NYSE:XPO), a leading provider of freight transportation in North America, announced today that senior director of engineering and the project management office Olivia Raymond and director of strategic business development Jamie Sheffield have been named "Top Women to Watch in Transportation" for 2025 by the Women in Trucking Association. The Women in Trucking Association is a non-profit organization with the mission to encourage the employment of wom ...

Core Viewpoint - XPO has authorized a new share repurchase plan of up to $750 million, replacing the previous plan which had $503 million remaining as of March 26, 2025 [1][2]. Group 1: Share Repurchase Plan - The new repurchase plan is effective immediately and allows for shares to be repurchased at management's discretion through various methods, including a 10b5-1 trading plan and open market purchases [2]. - The timing and number of shares repurchased will depend on factors such as price, market conditions, and alternative investment opportunities, with no obligation to repurchase a specific number of shares [3]. Group 2: Company Overview - XPO is a leader in asset-based less-than-truckload (LTL) freight transportation in North America, moving approximately 18 billion pounds of freight annually [4]. - The company serves around 55,000 customers with 614 locations and employs 38,000 people across North America and Europe, headquartered in Greenwich, Connecticut [4].

Core Insights - XPO reported a preliminary decrease in LTL tonnage per day by 8.1% in February 2025 compared to February 2024, driven by a 6.2% decline in shipments per day and a 2.0% reduction in weight per shipment [1] - CEO Mario Harik indicated that February's volume exceeded seasonal trends relative to January, aligning with the company's expectations for the quarter [2] - The company is focused on executing initiatives to drive sequential pricing growth throughout 2025, which supports its margin outlook [2] Company Overview - XPO, Inc. is a leader in asset-based less-than-truckload (LTL) freight transportation in North America, moving approximately 18 billion pounds of freight annually [2] - The company serves around 55,000 customers through 614 locations and employs 38,000 individuals across North America and Europe [2]