Old Dominion Freight Line, Inc. is one of the largest North American less than truckload motor carriers. The company provides regional inter regional and national less than truckload services through a single integrated union free organization. Its service offerings include expedited transportation and are delivered through an expansive network of service centers located throughout the continental United States. Through strategic alliances the company also provides less than truckload services across North America. In addition to core less than truckload operations Old Dominion Freight Line, Inc. offers a range of value added services such as container drayage truckload brokerage and supply chain consulting.

More than 98 percent of the company’s revenue has historically been derived from transporting less than truckload shipments for its customers. Demand for these services is closely tied to industrial production and the overall health of the United States domestic economy. The company also generates revenue from value added services including container drayage truckload brokerage and supply chain consulting. Old Dominion Freight Line, Inc. serves a diverse customer base that spans manufacturers retailers distributors and other businesses throughout the United States and North America.

Old Dominion Freight Line, Inc. holds a strong position within the highly competitive less than truckload industry. The company competes with regional inter regional and national less than truckload carriers as well as with truckload carriers small package carriers airfreight carriers and railroads. It also faces competition from third party logistics providers that select the mode of transportation and carrier for their clients. Industry consolidation has been significant with the top five and ten less than truckload carriers accounting for approximately fifty six percent and eighty one percent of the domestic market in 2024 according to Transport Topics. Old Dominion Freight Line, Inc. believes its advantages stem from a reputation for high quality service at a fair price fast and reliable transit times broad geographic coverage and a proprietary technology platform. The company’s integrated service center network use of team drivers and focus on employee communication and development further enhance its competitive edge.

The company’s customer base is diversified with no single customer accounting for more than four percent of total revenue. The largest five ten and twenty customers represent approximately eleven sixteen and twenty three percent of revenue respectively. Old Dominion Freight Line, Inc. serves customers across a wide range of industries including manufacturing retail distribution and consumer goods. Geographically the majority of revenue is generated in the United States with less than five percent coming from international operations.