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Tampa, FL, Jan. 20, 2025 (GLOBE NEWSWIRE) -- BlueGrace Logistics (BlueGrace), a leading Third-Party Logistics (3PL) provider operating within North America, is excited to announce the recipients of its 2024 LTL (Less-Than-Truckload) Carrier Awards, honoring carriers who demonstrate exceptional service, reliability, and dedication to delivering value in the logistics industry. Following a comprehensive review of carrier performance over the past year, the company recognizes Southeastern Freight Lines as the Regional Carrier of the Year and Old Dominion Freight Line as the National Carrier of the Year, earning them both recognition for the second consecutive year.
Texas Pacific Land and Taiwan Semiconductor Manufacturing were top contributors for both the quarter and the year, showcasing strong earnings growth and strategic market positioning. Despite Texas Pacific Land's strong performance, we sold our positions due to overvaluation driven by index additions, with plans to re-invest post-market correction. Edwards Lifesciences' EARLY TAVR trial results highlight significant potential for expanding aortic stenosis treatment, positioning the company for double-digit earnings growth in the coming years.
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THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its fourth quarter and year-end 2024 financial results before opening of trading on Wednesday, February 5, 2025. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, February 5, 2025. An online, real-time webcast of Old Dominion's quarterly conference call will be available at ir.odfl.com on We.
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The SPDR S&P 500 ETF Trust ended 2024 on a sour note, losing 2.41% in December and finishing the year up 24.89%. The Top 15 dividend growth stocks for January 2025 offer an average dividend yield of 1.21% and appear to be about 27% undervalued based on dividend yield theory. Since its inception in September 2020, the watch list has achieved a 10.33% compound annual growth rate.
Old Domain's third-quarter performance is expected to have been adversely impacted by a weak freight market scenario.
Old Dominion (ODFL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (OD), a leading less-than-truckload (LTL) motor carrier, has been named the #1 National LTL Carrier for Quality by Mastio & Company for an unprecedented 15th consecutive year. The comprehensive industry study of LTL carriers ranked OD as the top carrier for quality according to logistics professionals surveyed on carrier performance for 15 straight years, dating back to 2010. Mastio & Company conducts an annual independ.
Freight market downturn hurts Old Dominion's top line. Elevated operating expenses do not bode well for the company.