Today: 14 March 2026
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NYSE:XPO 2 February 2026 - 4 February 2026

Old Dominion Freight Line stock price jumps as ODFL beats Q4 estimates and raises dividend

Old Dominion Freight Line stock price jumps as ODFL beats Q4 estimates and raises dividend

Old Dominion Freight Line shares jumped 8.8% to $206.38 Wednesday after the company beat quarterly earnings estimates and raised its dividend. Fourth-quarter LTL tons per day fell 10.7%, but revenue per hundredweight rose 4.9% excluding fuel. Revenue dropped 5.7% to $1.31 billion, while the operating ratio worsened to 76.7%. The board set the new quarterly dividend at 29 cents per share.

Stock Market Today

  • Oil Crisis Sparks Economic Fears but Stock Market Remains Unshaken
    March 14, 2026, 10:16 AM EDT. Oil supply disruptions in the Middle East have ignited fears of rising inflation, higher interest rates, and potential stagflation-a combination of stagnant growth and inflation. Prices at the pump and grocery stores are climbing, pushing up costs for Canadian households. Despite the turmoil, U.S. and Canadian stock markets have only fallen 4% and 5% respectively since the crisis began, a calm seen by experts as misleading. The Strait of Hormuz's role as a critical global oil and gas transit point emphasizes the fragility of the world economy. Rising bond yields now affect mortgage rates, squeezing consumers further. Experts caution against taking full market risk amid the uncertain geopolitical financial landscape, warning of chaotic outcomes as the ripple effects expand.
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