Revenue Showdown: Old Dominion Freight Line, Inc. vs Expeditors International of Washington, Inc.

Freight Titans: A Decade of Revenue Growth

__timestampExpeditors International of Washington, Inc.Old Dominion Freight Line, Inc.
Wednesday, January 1, 201465647210002787897000
Thursday, January 1, 201566166320002972442000
Friday, January 1, 201660980370002991517000
Sunday, January 1, 201769209480003358112000
Monday, January 1, 201881383650004043695000
Tuesday, January 1, 201981754260004109111000
Wednesday, January 1, 2020101164810004015129000
Friday, January 1, 2021165235170005256328000
Saturday, January 1, 2022170712840006260077000
Sunday, January 1, 202393001100005866152000
Monday, January 1, 202410600515000
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A Decade of Growth: Old Dominion vs. Expeditors International

In the competitive world of freight and logistics, two giants have emerged as leaders: Old Dominion Freight Line, Inc. and Expeditors International of Washington, Inc. Over the past decade, these companies have showcased impressive revenue growth, reflecting their strategic prowess and market adaptability.

From 2014 to 2023, Expeditors International saw its revenue soar by approximately 42%, peaking in 2022 with a staggering 17 billion USD. Meanwhile, Old Dominion Freight Line experienced a remarkable 111% increase, reaching over 6 billion USD in the same year. This growth trajectory highlights Old Dominion's aggressive expansion and operational efficiency.

Despite a dip in 2023, both companies remain formidable players in the logistics sector. Their ability to navigate economic fluctuations and maintain robust revenue streams underscores their resilience and strategic foresight. As the industry evolves, these titans continue to set benchmarks for success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025