Operating primarily as a less-than-truckload carrier, Old Dominion is among the top freight services companies in the U.S. with more than 250 terminals in 48 states. Based in Thomasville, North Carolina, the company has more than 22,000 employees. Its shares are a component of the S&P 500.

Stocks are mixed at Tuesday midday with the Nasdaq up more than 1% while the Dow is lower. Inflation slowed last month in the first measure showing the possible impact of President Trump's tariffs. CPI came in at 2.3% for April year-over-year compared to 2.4% in March. On a month-over-month basis, prices increased 0.2%, above the 0.1% decrease seen in March but lower than the 0.3% expected by economists. Core CPI was 2.8% for April matching March. The yield on the 10-year Treasury note is 4.47%. Oil is up 1% at $63 per barrel.

Old Dominion Freight Line is the second-largest less-than-truckload carrier in the United States (following FedEx Freight), with more than 250 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns are head and shoulders above its peers. Strategic initiatives revolve around boosting network density through market share gains and maintaining industry-leading service (including ultralow cargo claims) via steadfast infrastructure investment.

Old Dominion Freight Line is the second-largest less-than-truckload carrier in the United States (following FedEx Freight), with more than 250 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns are head and shoulders above its peers. Strategic initiatives revolve around boosting network density through market share gains and maintaining industry-leading service (including ultralow cargo claims) via steadfast infrastructure investment.