Risk Sleuth
ODFL · 10-K filed 24 Feb 2026 · year to 31 Dec 2025

Old Dominion Freight Line

22 named things its latest annual report says its results depend on, each in the company's own words. 16 of them are also named by other companies we've read.

Customers

Largest customers

earns from · approximately 4% of our revenue
In 2025, our largest customer accounted for approximately 4% of our revenue and our largest 5, 10 and 20 customers accounted for approximately 11%, 16% and 23% of our revenue, respectively.Business (Item 1)

Also named by HL, SSD, VFC

Partners and platforms

Cloud hosting providers

depends onnamed as a risk
We rely on third parties to provide us with operational and technical services, such as hosting of our cloud computing and storage needs.Risk factors (Item 1A)

Other companies

Company-owned life insurance investments

exposed to its price · $79.4 millionnamed as a risk
The portion of underlying investments with exposure to market fluctuations was $79.4 million and $67.9 million at December 31, 2025 and 2024, respectively.Market risk (Item 7A)

Places

United States

concentrated in · more than 95% of our revenue
For the last three fiscal years, more than 95% of our revenue was derived from services performed in the United States and less than 5% of our revenue was generated from services performed internationally.Business (Item 1)

Also named by ABBV, ADP, AJG, AMGN, APA, AXGN, AXP, BALL and 139 more

California

operates innamed as a risk
If ZEV requirements are ultimately enforced and vehicles are not commercially available or viable for our LTL business, we may be required to modify or curtail our operations in California and other adopting states.Risk factors (Item 1A)

Also named by A, AAON, AFRM, ALK, ALLY, AN, ARE, AVAV and 88 more

Hazards

Winter weather

named as a risk
Our revenue and operating margins in the first and fourth quarters are typically lower than those during the second and third quarters due to reduced shipments, decreased fuel efficiency, increased cold-weather related maintenance costs of revenue equipment, and increased insurance and claims costs during the winter months.Risk factors (Item 1A)

Also named by CHRD, DY, IBP, JBHT, QXO, XPO

Commodities and inputs

Tractors and trailers

depends on · $173,797named as a risk
Investment in new equipment is a significant part of our annual capital expenditures and we require an available supply of tractors, trailers, and other freight handling equipment from manufacturers to operate and grow our business.Risk factors (Item 1A)

Diesel fuel

exposed to its pricenamed as a risk
Diesel fuel is a critical component of our operations and a significant operating expense for our business.Risk factors (Item 1A)

Also named by ADM, BLDR, BTU, CAH, CHD, CHRW, COST, CP and 43 more

Steel

exposed to its pricenamed as a risk
We may also be subject to shortages in raw materials that are required for the production of critical operating equipment and supplies, such as shortages in rubber or steel.Risk factors (Item 1A)

Also named by AAON, AGX, ALSN, AM, AME, AMRC, AOS, APD and 104 more

Rubber

exposed to its pricenamed as a risk
We may also be subject to shortages in raw materials that are required for the production of critical operating equipment and supplies, such as shortages in rubber or steel.Risk factors (Item 1A)

Also named by DORM, WAB

Regulators

U.S. Department of Transportation (DOT)

subject tonamed as a risk
We are regulated by the DOT and by various state and federal agencies.Risk factors (Item 1A)

Also named by ACHR, AESI, ALK, BLDR, CHRW, CTAS, DAL, EXPE and 19 more

National Labor Relations Board

subject tonamed as a risk
Further, Congress or one or more states could approve legislation and/or the National Labor Relations Board could render decisions or implement rule changes that could significantly affect our business and our relationship with our employees, including actions that could substantially liberalize the procedures for union organization.Risk factors (Item 1A)

Also named by AZO, BBW, BBY, DKS, FDX, FDXF, QSR, RRGB and 3 more

Transportation Security Administration (TSA)

subject to
In addition, we are subject to compliance with cargo-security and transportation regulations issued by the Transportation Security Administration (“TSA”) and Customs and Border Protection (“CBP”) within the U.S. Department of Homeland Security.Business (Item 1)

Also named by ALK, BKH, CHRW, CP, CSX, DAL, EXC, EXPD and 13 more

U.S. Customs and Border Protection (CBP)

subject to
In addition, we are subject to compliance with cargo-security and transportation regulations issued by the Transportation Security Administration (“TSA”) and Customs and Border Protection (“CBP”) within the U.S. Department of Homeland Security.Business (Item 1)

Also named by BALL, BJ, CHRW, CROX, EXPD, FDX, FDXF, JBHT and 12 more

U.S. Department of Energy (DOE) fuel price index

Our fuel surcharges are generally indexed to fuel prices published by the U.S. Department of Energy (the “DOE”) that reset each week and are one of many components that we use to determine the overall price for our transportation services.Business (Item 1)

Laws and programs

U.S. tariffs

subject tonamed as a risk
These changes in trade policy and tariffs have decreased demand for our services and have caused uncertainty and volatility in financial markets and may continue to adversely impact our customers, our industry and our business.Risk factors (Item 1A)

Also named by A, AAPL, ACHR, ADI, AEHR, AEP, AIOT, AKAM and 170 more

Foreign Corrupt Practices Act (FCPA)

subject tonamed as a risk
Failure to comply with the FCPA may result in legal claims against us.Risk factors (Item 1A)

Also named by A, ADBE, ADP, AIR, AJG, ALB, AME, AMZN and 112 more

CARB Advanced Clean Trucks regulation

subject tonamed as a risk
If ZEV requirements are ultimately enforced and vehicles are not commercially available or viable for our LTL business, we may be required to modify or curtail our operations in California and other adopting states.Risk factors (Item 1A)

Also named by CVLG, HTLD

FMCSA Compliance, Safety, Accountability (CSA)

subject tonamed as a risk
Nevertheless, if we receive unacceptable CSA scores, and this data is made available to the public, our relationships with our customers could be damaged, which could result in a loss of business.Risk factors (Item 1A)

Also named by FDXF

FMCSA ELD regulations

subject tonamed as a risk
We are also subject to the costs and potential adverse impact of compliance associated with FMCSA’s ELD regulations and guidance, including the operation of our fleet and safety management systems on the ELD hardware and software platform.Risk factors (Item 1A)

EPA Clean Trucks Plan

subject tonamed as a risk
In December 2022, the U.S. Environmental Protection Agency (“EPA”) finalized stringent emission standards to reduce nitrogen oxides and establish new standards for greenhouse gas emissions from heavy-duty engines under the Clean Trucks Plan.Risk factors (Item 1A)

FMCSA hours of service rules

subject to
The Federal Motor Carrier Safety Administration (the “FMCSA”) rules provide that a truck driver may work no more than a maximum number of 60 hours within seven consecutive days and 70 hours within eight consecutive days.Business (Item 1)

Also named by CVLG, HTLD