Old Dominion Freight Line Affirms Expectations for Second-Quarter Tonnage Per Day Growth in Range of 4.5% to 5.0%

  Old Dominion Freight Line Affirms Expectations for Second-Quarter Tonnage
  Per Day Growth in Range of 4.5% to 5.0%

         Also Affirms Expectations for Second-Quarter Growth in Yield

Business Wire

THOMASVILLE, N.C. -- May 13, 2013

Old Dominion Freight Line, Inc. (NASDAQ: ODFL) today affirmed its previously
discussed expectations for growth in second-quarter 2013 tonnage per day and
revenue per hundredweight, excluding fuel surcharges. The Company expects its
growth in tonnage per day to be in a range of 4.5% to 5.0% as compared to the
second quarter of 2012. In addition, Old Dominion expects an increase in
revenue per hundredweight, excluding fuel surcharges, to be in a range of 1.5%
to 2.0% as compared to the second quarter of 2012.

Forward-looking statements in this news release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements involve risks and
uncertainties that could cause actual events and results to be materially
different from those expressed or implied herein, including, but not limited
to, the following: (1) the competitive environment with respect to industry
capacity and pricing, including the use of fuel surcharges, such that our
total overall pricing is sufficient to cover our operating expenses; (2) our
ability to collect fuel surcharges and the effectiveness of those fuel
surcharges in mitigating the impact of fluctuating prices for fuel and other
petroleum-based products; (3) the negative impact of any unionization, or the
passage of legislation or regulations that could facilitate unionization, of
our employees; (4) the challenges associated with executing our growth
strategy, including the inability to successfully consummate and integrate
acquisitions, if any; (5) changes in our goals and strategies, which are
subject to change at any time at our discretion; (6) various economic factors
such as economic recessions and downturns in customers' business cycles and
shipping requirements; (7) increases in driver compensation or difficulties
attracting and retaining qualified drivers to meet freight demand; (8) our
exposure to claims related to cargo loss and damage, property damage, personal
injury, workers' compensation and group health, including increased premiums,
adverse loss development, increased self-insured retention levels, and claims
in excess of coverage levels; (9) potential cost increases associated with
healthcare legislation; (10) the availability and cost of capital for our
significant ongoing cash requirements; (11) the availability and cost of
replacement parts and new equipment, including regulatory changes and supply
constraints that could impact the cost of these assets; (12) decreases in
demand for, and the value of, used equipment; (13) the availability and cost
of diesel fuel; (14) the costs and potential liabilities related to compliance
with, or violations of, existing or future governmental laws and
regulations,including environmental laws, engine emissions standards,
hours-of-service for our drivers, driver fitness requirements and new safety
standards for drivers and equipment; (15) litigation and governmental
proceedings; (16) the costs and potential adverse impact of non-compliance
with rules issued by the Federal Motor Carrier Safety Administration; (17)
seasonal trends in the less-than-truckload industry, including the possibility
of harsh weather conditions; (18) our dependence on key employees; (19) the
concentration of our stock ownership with the Congdon family; (20) the costs
and adverse impact associated with future changes in accounting standards or
practices; (21) the impact caused by potential disruptions to our information
technology systems or our service center network; (22) damage to our
reputation from the misuse of social media; (23) dilution to existing
shareholders caused by any issuance of additional equity; and (24) other risks
and uncertainties indicated from time to time in our filings with the
Securities and Exchange Commission. Our forward-looking statements are based
upon our beliefs and assumptions using information available at the time the
statements are made. We caution the reader not to place undue reliance on our
forward-looking statements (i) as these statements are neither a prediction
nor a guarantee of future events or circumstances and (ii) the assumptions,
beliefs, expectations and projections about future events may differ
materially from actual results. We undertake no obligation to publicly update
any forward-looking statement to reflect developments occurring after the
statement is made, except as otherwise required by law.

Old Dominion Freight Line, Inc. is a leading, less-than-truckload (“LTL”),
union-free motor carrier providing regional, inter-regional and national LTL
service and other value-added logistics services from a single integrated
organization. In addition to its core LTL services, the Company offers its
customers a broad range of value-added services including worldwide freight
forwarding, ground and air expedited transportation, container delivery,
truckload brokerage, supply chain consulting, warehousing and consumer
household pickup and delivery.

Contact:

Old Dominion Freight Line, Inc.
J. Wes Frye, 336-822-5305
Senior Vice President, Finance and Chief Financial Officer
 
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