ODFL Old Dominion Freight Line Dashboard

Risks

• If we are unable to successfully execute our growth strategy, and develop, market and consistently deliver high-quality services that meet customer expectations, our business and future results of operations may suffer.
• Changes in our relationships with significant customers, including the loss or reduction in business from one or more of them, could have an adverse impact on our business.
• Insurance and claims expenses could significantly reduce our profitability.
• Limited supply and increased costs of new equipment may adversely affect our earnings and cash flow.
• We may be adversely impacted by fluctuations in the availability and price of diesel fuel.
• Our results of operations may be affected by seasonal factors, harsh weather conditions and disasters.
• We have significant ongoing cash requirements that could limit our growth and affect our profitability if we are unable to obtain sufficient capital.
• A decrease in the demand and value of used equipment may impact our results of operations.
• We are subject to various risks arising from our international business operations and relationships, which could adversely affect our business.
• Anti-terrorism measures and terrorist events may disrupt our business.
• We operate in a rapidly evolving and highly competitive industry, and our business will suffer if we are unable to adequately address potential downward pricing pressures and other factors that may adversely affect our operations and profitability.
• Our customers’ and suppliers’ businesses may be impacted by various economic factors such as recessions, downturns in the economy, global uncertainty and instability, changes in U.S. social, political, and regulatory conditions and/or a disruption of financial markets, which may decrease demand for our services or increase our costs.
• If our employees were to unionize, our operating costs would increase and our ability to compete would be impaired.
• Difficulties attracting and retaining qualified drivers and maintenance technicians could result in increases in driver and technician compensation and could adversely affect our profitability, our ability to maintain or grow our fleet and our ability to maintain our customer relationships.
• Our information technology systems are subject to cyber and other risks, some of which are beyond our control, which could have a material adverse effect on our business, results of operations and financial position.
• If we do not adapt to new technologies implemented by our competitors in the LTL and transportation industry, our business could suffer.
• Failure to keep pace with developments in technology, any disruption to our technology infrastructure, or failures of essential services upon which our technology platforms rely could cause us to incur costs or result in a loss of business, which may have a material adverse effect on our results of operations and financial condition.
• The FMCSA’s CSA initiative could adversely impact our ability to hire qualified drivers, meet our growth projections and maintain our customer relationships, each of which could adversely impact our results of operations.
• We operate in a highly regulated industry, and increased costs of compliance with, or liability for violation of, existing or future regulations could have a material adverse effect on our business.
• We are subject to various governmental laws and regulations, and costs of compliance with, liabilities under, or violations of, existing or future governmental laws or regulations could adversely affect our business.
• Healthcare legislation may increase our costs for employee healthcare and benefits and reduce our future profitability.
• We are subject to the risks of litigation and governmental proceedings, inquiries, notices or investigations which could adversely affect our business.
• We are subject to legislative, regulatory, and legal developments involving taxes.
• Our principal shareholders control a large portion of our outstanding common stock.
• There can be no assurance of our ability to declare and pay cash dividends in future periods.
• The amount and frequency of our stock repurchases may fluctuate.
• The market value of our common stock has been and may in the future be volatile, and could be substantially affected by various factors.
• Our articles of incorporation, our bylaws and Virginia law contain provisions that could discourage, delay or prevent a change in our control or our management.