Comparing SG&A Expenses: Old Dominion Freight Line, Inc. vs C.H. Robinson Worldwide, Inc. Trends and Insights

SG&A Expenses: A Tale of Two Giants

In the competitive world of logistics and freight, understanding the financial dynamics of industry leaders is crucial. Over the past decade, C.H. Robinson Worldwide, Inc. and Old Dominion Freight Line, Inc. have showcased distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, C.H. Robinson's SG&A expenses surged by nearly 100%, reflecting their aggressive expansion and operational strategies. In contrast, Old Dominion's expenses grew by approximately 94%, indicating a more conservative yet steady growth approach. Notably, C.H. Robinson's expenses consistently outpaced Old Dominion's, peaking at over 6.2 billion in 2023. This divergence highlights differing business models and market strategies. However, data for 2024 remains incomplete, leaving room for speculation on future trends. As these giants continue to evolve, their financial strategies will undoubtedly shape the logistics landscape.