Old Dominion Freight Line shares saw modest gains during the regular session, tracking a broader upward trend across the trucking industry that saw peers like XPO, J.B. Hunt, and ArcBest also post gains. The stock's performance follows the recent announcement of a 4.9% general rate increase set for October 5, 2026, which investors view as a positive step toward absorbing ongoing cost pressures. While the company recently received a neutral rating update from Susquehanna with a lowered price target of $202, the market appears to be finding support as the stock trades near levels supported by its capacity growth story and recent operating efficiency improvements.