Old Dominion Says Inflation and Consumer Concerns Are Holding Back Freight Recovery
Old Dominion shares slide despite strong Q3 profits as inflation and consumer spending concerns threaten freight recovery.
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Why It Matters
Old Dominion made good money this quarter, but fewer people are shipping things. When people worry about prices and spending, trucking companies move less stuff.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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