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Stifel raised its price target on Old Dominion (ODFL) to $173 from $160, citing a positive 2026 outlook for the transport sector focused on cost management.
Old Dominion Freight Line Director Greg Gantt sold $1.3 million of company stock at $206 per share, a price significantly above the recent trading price of $157.
The Port of Los Angeles anticipates a slight, single-digit decline in import volumes in 2026, a direct result of President Trump's trade-war policies and high national inventories.
Knight-Swift Executive Chairman Kevin P. Knight sold $1.8 million in company stock as the carrier reduces its fleet. The moves come amid a persistent freight market downturn characterized by excess capacity and suppressed demand.
Old Dominion Freight Line (ODFL) stock rose 14% in the last month, driven by robust financial performance. The company's high efficiency and earnings retention signal a strong capacity for continued growth.