Montana Insurance

Thomasville, NC - (BUSINESS WIRE) - Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the first quarter to March 31, 2008. The turnover was 15.1% for the quarter to $ 368.2 million from $ 319.9 million for the first quarter of 2007. Net earnings for the first quarter of 2008 was $ 10.4 million, or $ 0.28 per share diluted compared to $ 13.6 million or $ 0.36 per share more for the first quarter of 2007. Old Dominion’s operating ratio for the last quarter were 94.3%, compared with 92.2% for the first quarter of last year.

Earl Congdon, Executive Chairman of Old Dominion, said: “Old Dominion’s operations relatively well in a challenging environment for the first quarter of 2008 with an increase in revenues and slightly lower tonnage coming in our expectations. Our operational results have been masked But the sharp increase in fuel prices costs for the quarter, a competitive pricing environment and costs related to bad weather that hit parts of the USA throughout the first quarter.

“Our sales growth reflects a 8.3% increase in the tonnage on a comparable basis district, comprising an increase of 2.6% by weight per shipment and 5.6% increase in the number of ’shipments. Hundredweight by revenue, without supplements kerosene, rose by 0.8% during the quarter, despite the negative effects of this measure on the value of gaining weight per shipment and 1.4% decrease in terms of long haul. The increase in revenue per program, conducted at a very competitive price, the environment, also shows our commitment to preserving our resources and performance monitoring of the value we offer our customers. hundredweight by revenue, including supplements of kerosene increased by 6.4% for the quarter. While our fuel surcharges partially offset the significant rise in fuel prices during the quarter, Impact of rising fuel prices have contributed to improving our operating ratio.

“In the first quarter, we have to implement our strategy of geographical expansion through the acquisition and integration of Bob’s Pick-up & Delivery. We have 12 service centers that Bob’s operated in Montana on our existing service center network, which allows us to initiate direct, Full-Service-Montana State. Accordingly, we now have full coverage of the state in 39 countries and a direct bus service to the 48 continental states of USA at the end of the first quarter, we operated a total of 204 service centers, compared with 184 service centers at the end of the first quarter of 2007.

“We are confident in our ability to continue to gain market share existing within our service center network and by opening new service centers. Old Dominion is strongly positioned to increase overall demand for transportation solutions for high quality Customer Service, transparent, fast times and great geographic dispersion. We are also unique in our ability of these solutions regionally, nationally and internationally by a union did not fully integrated.

“Even with these forces, we remain cautious about our prospects of success for the remainder of 2008 because of a difficult economic environment and pressure on prices being experienced by the first quarter. Accordingly, we today a new range of $ 1.85 to $ 1, 90 guidance of aid for 2008 Diluted earnings per share compared to the previous range of $ 2.00 to $ 2.05.

Mr. Congdon concludes: “We expect to Old Dominion to continue to exceed the average LTL industry in terms of tonnage and revenue growth and operational report. We will continue our management team experience to cope with the challenges posed by the current economic environment and the industry. As always, we will continue our customers sensitive to service, while constantly infrastructure building and improvement of products and services will ensure that our position as market leader sustainable in the years to come. ”

Old Dominion, a conference call to discuss this release tomorrow, 23 April 2008, at 10:00 Eastern Daylight Time. Please register at least 15 minutes early to register, download and install all necessary audio software. For those who do not listen to the live transmission, a recording available on these sites shortly after the call until May 23, 2008. A telephone reading are also April 30, 2008 (719) 457-0820, confirmation number 4518403rd

Forward looking statements in this release are under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements involve risks and uncertainties, could lead to what events and actual results to differ materially opinions expressed above or implied, including but not limited to, the following: (1) the ability to successfully complete integration and businesses and assets and the expected benefits of these operations, ( 2) the competitive environment in terms of industrial capacity and prices, including in regard to surcharges on fuel, (3) the negative effects of a union of the company ’s staff (4), challenges implementing the strategy of growth company, (5) various economic factors such as economic recession and slowdown in customer networks in economic cycles and shipping, (6) the availability and cost of fuel, (7) difficulties associated with acquiring or retaining qualified drivers, (8) the company’s exposure vis-à-vis the claims of cargo in connection with the losses and damage, personal injury, Workers’ Compensation, disability and long-term health and group insurance costs of protecting retention levels up (9) of the company under significant cash requirements (10) the availability and cost of new equipment (11 ) Costs related to liability for compliance or violation of existing or future state regulation (12) seasonal trends in the industry, including the possibility of harsh weather conditions, (13) dependence of the Important company employees, (14) changes in society, objectives and strategies subject to change at any time at the discretion of the company and (15) other risks and uncertainties, from time to time in the submissions the company with the Securities and Exchange Commission.

Old Dominion Freight Line, Inc. is one less than the rich multi-engine of the regional institution, which only five days of service in all six regions and the USA the next day and second day of service in these regions. Through its four product groups, OD-Domestic, OD-Expedited, OD OD-Global and technology, the company offers a range of innovative products and services, in a direct bus from 48 countries in the framework of South - East, Gulf Coast, North East, Midwest, Central and Western countries, including 39 countries where it offers full insurance. In addition to the national wealth is less than the provision of services companies assembly and distribution services and delivery of containers to and from throughout North America, Central America, South America and the Far East. The company also offers a wide range of logistics services and accelerated our national and global markets.