Comment on Old Dominion Freight Crushes Earnings Estimates on High Demand

Any business newspaper will tell you that the economy is doing well, and that both trucking and railroads are charging a hefty premium to move goods these days. A quick look at Old Dominion Freight Line's (NASDAQ: ODFL) earnings results tells you how tight the trucking market really is. Even after expanding capacity, the company was able to extract much higher prices from customers; it posted one of the most efficient quarters in its history.Here's a look at how the quarter broke down, and at what investors can expect from Old Dominion in the future.DATA SOURCE: OLD DOMINION FREIGHT LINE EARNINGS RELEASE.