Old Dominion Freight Line reported an 84.4% increase in profit during 2011 while revenues increased a whopping 27.1%  Old Dominion’s profit was $139.5 million while revenue during the 4^th Quarter almost equaled revenues during the 3^rd Quarter.

 Furthermore, Old Dominion’s yield, or revenue per hundred pounds increased by double digits and their overall operating ratio was an impressive 86.9.

 It is clear that Old Dominion continues to out-perform its national carrier peers.  Many LTL carriers are experiencing improvements but not to the magnitude of Old Dominion.  In fact, Old Dominion is beginning to leverage their success by adding drayage, international and logistics services. 

 I recently toured the Old Dominion facility here in Kansas City.  It is an impressive facility and they go to extra lengths to prevent claims and run a clean operation.  Old Dominion is also a carrier that doesn’t use much if any rail to help them balance their network.  Whatever, they are doing, they are doing it right.