Old Dominion sports some of the highest margins in the transportation industry. The company has made impressive gains over the past decade. Margin growth was especially strong during the 2020-22 period, when Old Dominion was able to be more selective about deliveries amid surging demand.

Although freight demand will naturally oscillate with the economy, Old Dominion is a high-quality operator in the LTL industry. Long-term LTL demand is likely to grow as e-commerce deliveries increase, requiring relatively small loads to be delivered as part of companies’ online sales campaigns.

Manhattan Associates

Manhattan Associates develops software to manage supply chain and inventory for the retail, wholesale, distribution, and manufacturing end…