company ODFL - SteadyBase

steadybase-$ company ODFL

account_id none on file

legal_name Old Dominion Freight Line, Inc.

ticker ODFL

cik 878927

domain odfl.com

linkedin_company_url https://www.linkedin.com/company/old-dominion-freight-line/

entry_point_account_id none on file

name Old Dominion Freight Line Inc.

exchange Nasdaq

sector Industrials

hq Thomasville, NC, United States

irhttps://ir.odfl.com/

sector index/company/sector/industrials/

calls 7 filings 40 executives 8 family 0

why_nownone on file

calls

In the release, you pointed to a pretty low CapEx number relative to what you expected last year coming into 2025 and what you've done historically. Can you talk about maybe what's driving that lower CapEx expense this year and those expectations behind that guidance? Yeah, it's just a function really of, you know, what the volume environment has been for the last couple, three years. And, you know, we've continued to run our CapEx plan, and that too is something that I think has differentiated us over time from our industry. In fact, we've spent about $2 billion in capital expenditures over the last three years, you know, and the volume environment obviously has not been robust, but I think we're in a really good spot when you sort of go down the elements of spend from a service center standpoint. We've got some projects that are in flight, and that's a lot of the spend that we've got this year. But we've got a little over 35% capacity in our service center network. We're handling a little over 40,000 shipments per day right now, and our network is built to handle more like 55,000 or even more. We've done more you know, in certain months back in 21 and 22. So, you know, we've got a lot of flex there to be able to grow. And the same thing with the fleet. Just like I mentioned earlier, we've continued to right-size the fleet, if you will, and take some of the older units out, but we've got some that continue to need to be replaced, and that's the majority of what's in the spen

Feb 4, 2026 / receipt, needs a key / Adam, CFO | earnings call 2026-02-04 | transcript bce58a9d-7f28-44f7-bb23-8041946769c8 | chars 22714-24214 | segment 23

While many of these costs, such as travel and customer entertainment, are not completely back to pre-pandemic levels, we expect that there will be sequential increases in aggregate overhead costs this year.

Apr 22, 2021 / receipt, needs a key / Adam Satterfield, CFO | earnings call 2021-04-22 | transcript ac49279a-e660-4a06-81bc-0e7eba9b34b0 | chars 9697-9903 | segment 9

We referenced in our prepared remarks that certainly there's gonna be some costs that will be restored this year and some of those will be some of our marketing and advertising programs. We're not at the point to where our sales team can get out and travel around and do some things. We still anticipate for the foreseeable future with some savings related to travel and customer entertainment, but certainly intend to restore some of those expenditures.

Feb 4, 2021 / receipt, needs a key / Adam, other | earnings call 2021-02-04 | transcript 133b51ca-af94-40ed-aae3-13a9ff3316bb | chars 16435-16889 | segment 16

You know, somewhere not maybe to the full extent of that three and a half percent because we'll be continuing to see some of those savings, like I mentioned earlier, related to travel and so forth.

Feb 4, 2021 / receipt, needs a key / Greg, CEO | earnings call 2021-02-04 | transcript 133b51ca-af94-40ed-aae3-13a9ff3316bb | chars 24171-24368 | segment 24

Some things such as some of our marketing programs, customer entertainment, travel by our sales personnel, we want to be able to restart those measures.

Oct 27, 2020 / receipt, needs a key / Adam, CEO | earnings call 2020-10-27 | transcript 07be8d1c-a579-4cad-abc4-ee9e569d8adf | chars 17219-17371 | segment 16

In addition, circumstances associated with the COVID-19 environment created certain cost savings that are expected to diminish in future periods, such as a reduction in group health and dental claims, travel, and customer entertainment.

Jul 30, 2020 / receipt, needs a key / Greg Gant, CEO | earnings call 2020-07-30 | transcript a62eb766-6762-4b07-bca5-182a3fe03785 | chars 5732-5968 | segment 5

Todd, keep in mind, too, a lot of our expenses are down just because of the way we've changed and things that we do on a day-to-day, week-to-week basis like travel, entertainment.

Apr 23, 2020 / receipt, needs a key / Greg, other | earnings call 2020-04-23 | transcript 7e6f7681-2a41-4d95-a3c4-daf866c16a65 | chars 35581-35760 | segment 36

filings

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