Old Dominion uses cost control to mitigate slumping demand in Q2

[Todd Maiden]

Old Dominion uses cost control to mitigate slumping demand in Q2

Old Dominion reported what will likely be best-in-class results for the second quarter and said recent turmoil at competitor Yellow Corp. hasn’t altered its strategy any.

www.freightwaves.com

 

[Oddriverrr]

"even as head count declined 10% y/y"

Does it mean we lost over 2000 people in a year?

 

[TipsyTexan]

"even as head count declined 10% y/y"

Does it mean we lost over 2000 people in a year?

Wouldn’t doubt it, Dallas has loss quite a few drivers and other employees over the last 8 months. Retiring, quitting, and termination . We had the number one line haul driver pass away today unfortunately. Todd Worthy

 

[Oddriverrr]

I guess we are lucky in Midwest. I mean no way we got rid off 10% in my area. Maybe bc we do so much?

 

[johnnybtruckin]

My location would do so much better if we could get rid of 10-15% of linehaul workforce but they're just gonna try and starve them out (me being one of them)