Old Dominion Freight Line, Inc. (ODFL) Q1 2023 Earnings Call Transcript

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) Q1 2023 Results Conference Call April 26, 2023 10:00 AM ET

Company Participants

Drew Andersen - Senior Director, Product Management

Greg Gantt - President and Chief Executive Officer

Marty Freeman - COO

Adam Satterfield - CFO

Conference Call Participants

Ravi Shanker - Morgan Stanley

Jack Atkins - Stephens

Scott Group - Wolfe Research

Jon Chappell - Evercore ISI

Tom Wadewitz - UBS

Allison Poliniak - Wells Fargo

Amit Mehrotra - Deutsche Bank

Chris Wetherbee - Citi

Bascome Majors - Susquehanna

Ken Hoexter - Bank of America

Bruce Chan - Stifel

Operator

Good morning. And welcome to the Old Dominion Freight Line First Quarter 2023 Earnings Conference Call. [Operator Instructions]. Please note, this event is being recorded.

I would now like to turn the conference over to Drew Andersen. Please go ahead.

Drew Andersen

Thank you. Good morning, and welcome to the first quarter 2023 conference call for Old Dominion Freight Line. Today's call is being recorded and will be available for replay beginning today and through May 3, 2023, by dialing 1(877) 344-7529, access code 6525435. The replay of the webcast may also be accessed for 30 days at the company's Web site. This conference call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements, among others, regarding Old Dominion's expected financial and operating performance. For this purpose, any statements made during this call are not statements of historical fact may be deemed forward-looking statements. Without limiting the foregoing, the words believes, anticipates, plans, expects and similar expressions are intended to identify forward-looking statements. You are hereby cautioned that these statements may be affected by the important factors, among others, set forth in Old Dominion's filings with the Securities and Exchange Commission and in this morning's news release and consequently, actual operations and results may differ materially from the results discussed in the forward-looking statements. The company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. As a final note before we begin, we welcome your questions today, but we do ask in fairness to all that you limit yourselves to one question at a time before returning to the queue. Thank you for your cooperation.

At this time, for opening remarks, I would like to turn the conference over to the company's President and Chief Executive Officer, Mr. Greg Gantt. Please go ahead, sir.