Old Dominion Freight Line has hit a homerun with its recent announcement that the Thomasville, N.C.-based company will be the official freight carrier for Major League Baseball.

Old Dominion Freight Line Inc. helped four Major League Baseball teams prepare for spring training, hauling equipment for three to Florida and one to Arizona.

Old Dominion Freight Line Inc. profits dropped 5.1% in the fourth quarter versus the year prior, earning $68.5 million during the three-month period, or 83 cents per share.

Old Dominion Freight Line Inc. reported less-than-truckload shipments dropped in November 2016 compared with the year prior, but revenue was up overall, according to a Dec. 2 filing with the U.S. Securities and Exchange Commission.

Old Dominion Freight Line Inc. has renovated service centers in Oklahoma City; Shreveport, Louisiana; and Parsons, Kansas, to strengthen its 226-site network.

Old Dominion Freight Line reported stronger earnings for the third quarter with net income up 1.4% compared to a year ago at this time, overcoming an overall drop in tonnage and shipments.

Old Dominion Freight Line Inc. has joined the parade of less-than-truckload carriers that have announced rate increases in recent weeks, scheduling an average 4.9% increase on several tariffs that take effect Sept. 26.

Old Dominion Freight Line posted weaker earnings in the second quarter with profits falling 5% year-over-year after decreases in less-than-truckload tonnage, pounds per shipment and fuel surcharges.

Old Dominion Freight Line Inc. said its board has approved the repurchase of as much as $250 million in stocks over a two-year period.