ODFL Suffering From Weak Revenues Despite Dividend Strength
Key Takeaways ODFL's operating ratio worsened to 73.4% in 2024 as freight demand and shipment volumes declined.High inflation and low fuel surcharge revenues continue to weigh on ODFL's yields.Despite revenue weakness, ODFL boosted dividends to 967.3M in 2024.Old Dominion Freight Line (ODFL) is suffering from revenue weakness as geopolitical uncertainty and high inflation continue to hurt consumer sentiment and growth expectations. The still high inflation is a concern. Due ...