10/27/06
opened five of the seven service centers anticipated to open in the second half of 2006 Seaford, Delaware; Pompano Beach, Florida; Rockford, Illinois; Shreveport, Louisiana; and Saginaw, Michigan, giving us a total of 180
revising guidance for earnings per diluted share for 2006 to a range of $1.87 to $1.90. guidance is reduced
Wolfe upgraded Thomasville, N.C.-based Old Dominion to "Peer Perform" from "Underperform." The analyst said that although the less-than-truckload sector faces the same headwinds this year as truckload carriers -- such as an oversupply of trailer space and weakening industrial output -- Old Dominion would likely outperform its peers.
"With ODFL's above-average growth profile and below-average operating leverage and exposure to fuel price declines, we see relatively less near-term downside earnings risk," Wolfe
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