Latest news with #OldDominion
USA Today
6 days ago
- Sport
- USA Today
2025 Old Dominion Monarchs win total predictions, futures, over/under and odds
2025 Old Dominion Monarchs win total predictions, futures, over/under and odds Bookmakers project the Old Dominion Monarchs to win the most games in the Sun Belt in 2025, with an over/under of 5.5 wins set for this year. Old Dominion futures: win total over/under, odds College football odds courtesy of BetMGM Sportsbook. Odds updated Sunday at 6:31 p.m. ET. For a full list of sports betting odds, access USA TODAY Sports Betting Scores Odds Hub. Over/Under: 5.5 5.5 Over Payout: -184 -184 Under Payout: +148 Old Dominion splits - last season Last year Old Dominion went 5-7 and didn't play in a bowl game. The Monarchs won just one game as favorites (1-3) and were 4-4 as underdogs. In one-possession games, Old Dominion was 3-6, but was victorious just once in games decided by a field goal or less (1-1). Old Dominion total wins prediction Watch College Football on Fubo!
Yahoo
07-06-2025
- Business
- Yahoo
BofA Lowers PT for Old Dominion (ODFL), Maintains Neutral Rating
On June 4, BofA Securities lowered its price target for Old Dominion Freight Line, Inc. (NASDAQ:ODFL) from $183 to $172 and kept a Neutral rating on the stock. Ken Hoexter from BofA made the update following Old Dominion's mid-second quarter 2025 result. The American transport and logistics company reported a 5.8% decline year-over-year in revenue per day for May 2025, missing BofA's estimate of a 3.9% decline. Despite such, the company maintains a healthy gross profit margin of 39.75% and a trailing 12-month revenue of $5.73 billion. A large cargo ship navigating a busy port, its scale highlighting the company's marine transportation services. Hoexter also added that the company saw a 6.8% decline in shipments per day, missing the BofA's target of a 6.5% decline. The analyst also pointed out that the economic impact of the China tariffs has contributed to the weak results. Old Dominion's CEO, on the other hand, states that the company is maintaining its market share and profitability. Old Dominion Freight Line, Inc. (NASDAQ:ODFL) is a freight transportation and logistics services company that primarily offers services in the United States, Canada, and Mexico . The company also offers household moving services and expedited logistics. While we acknowledge the potential of ODFL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. Read Next: and . Disclosure. None.
Yahoo
05-06-2025
- Business
- Yahoo
US Trade Deficit Contracted in April Amid Tariff-Driven Import Paralysis
The U.S. trade deficit took a significant plunge in April after President Donald Trump announced aggressive, sweeping tariffs on countries across the globe. U.S. Commerce Department data showed that the trade gap between America and its trading partners narrowed drastically as imports into the U.S. fell by 16 percent. The trade deficit rang in at $61 billion in April—less than half of the $140 billion seen just one month earlier. More from Sourcing Journal LA, Long Beach Ports Brace for Potential Record-Breaking Summer Surge Old Dominion Blames 'Economic Softness' for Revenue, Volume Slips Trump Doubles Duties on Metals, Judge Dismisses California's Tariff Lawsuit At the same time, America's exports grew. April saw the U.S. export $289.4 billion in products and services, $8.3 billion more than the volume seen in March. Meanwhile, April imports amounted to $351 billion, $68.4 billion less than the previous month, when many businesses frontloaded inventory in an effort to beat the tariff deadline. Imports of consumer goods decreased $33 billion in April after the shipping boom in March. Apparel bookings in particular took a precipitous, 60-percent tumble in anticipation of the tariff fallout. Not surprisingly, American imports from Canada and China took particularly hard hits amid massive trade tensions spurred by Trump's tariff threats. Canadian imports fell 15.7 percent to their lowest levels since 2021, compounding a drop of over 9 percent in March. Meanwhile, goods coming into the country from China fell 21 percent to their lowest levels since 2020. According to the Bureau of Economic analysis, the average goods and services deficit decreased $22.9 billion to $107.3 billion for the three months ending in April—basically, Trump's first 90 days in office. Average exports increased $5.6 billion to $283 billion in April, while average imports decreased $17.2 billion to $390.4 billion. But while the deficit has contracted significantly in 2025, it's actually grown quite a bit from the same period the year prior. Year-to-date, the deficit in goods and services grew $179.3 billion—a whopping 65.7 percent—from the same period in 2024. Over the course of the past year, exports ticked up 5.5 percent, or $58.4 billion, but imports also increased 17.8 percent, or $237.8 billion. Trump's trade policy, which has hinged on the broad application of double-to-triple-digit duties, was conceived as a means of dealing with the trade deficit and rebalancing trade with partners across the world. On April 2, which the president termed 'Liberation Day,' Trump announced reciprocal duties on about 90 nations, including the country's biggest trading partners and allies. Soon after, those duties were deferred for a period of three months, and they're slated to resume on July 9 barring changes that could result from ongoing negotiations with foreign trade officials. The White House has said in recent weeks that it has dozens of talks in process with nations eager to reach deals with the U.S. through the mutual lowering of trade barriers, though only a single provisional agreement with the United Kingdom has been formally signed. Last week, a New York Court of International Trade (CIT) ruled that many of the president's duties, levied under the International Emergency Economic Powers Act (IEEPA), were invalid, and it gave the administration 10 days to unwind the tariff actions. However, a Washington, D.C. appeals court put a stay on that ruling with the intention of reviewing the case, which was brought by several U.S. businesses and more than a dozen state attorneys general. Therefore, the tariff regime will be allowed to proceed as planned. On Thursday, Trump indicated that he had spoken to Chinese President Xi Jinping following claims last week that the country had violated its temporary trade truce with the U.S. He wrote on Truth Social that the two discussed the 'intricacies of our recently made, and agreed to, Trade Deal,' saying that the discussion resulted in a 'very positive conclusion' regarding the future of rare earth mineral trade. Trump said further negotiations would be completed 'shortly' by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Ambassador Jamieson Greer.
Yahoo
05-06-2025
- Entertainment
- Yahoo
Here is every 2025 ACM Awards winner. Lainey Wilson, Ella Langley win big
Lainey Wilson and Ella Langley were big winners at the 60th annual Academy of Country Music Awards, which were broadcast live from Frisco, Texas on May 8. Wilson took home Entertainer of the Year for the second year in a row and Langley took home four awards. Old Dominion won Group of the Year for the eighth consecutive time — something no other group has done. We have the winners list below, with winners in each category listed in bold. The studio recording awards had not yet been announced at 10 p.m. CT. Kelsea Ballerini Luke Combs Cody Johnson Jelly Roll Chris Stapleton Morgan Wallen Lainey Wilson Kelsea Ballerini Ella Langley Megan Moroney Kacey Musgraves Lainey Wilson Luke Combs Cody Johnson Jelly Roll Chris Stapleton Morgan Wallen Brooks & Dunn Brothers Osborne Dan + Shay Muscadine Bloodline The War and Treaty Flatland Cavalry Little Big Town Old Dominion Rascal Flatts The Red Clay Strays Kassi Ashton Ashley Cooke Dasha Ella Langley Jessie Murph Gavin Adcock Shaboozey Zach Top Tucker Wetmore Bailey Zimmerman Restless Road The Red Clay Strays Treaty Oak Revival Awarded to artist(s)/producer(s)/record company–label(s) Am I Okay? (I'll Be Fine) – Megan Moroney; producer: Kristian Bush; Columbia Records / Sony Music Nashville Beautifully Broken – Jelly Roll; producers: BazeXX, Brock Berryhill, Zach Crowell, Devin Dawson, Charlie Handsome, Ben Johnson, mgk, The Monsters & Strangerz, Austin Nivarel, SlimXX, Ryan Tedder, Isaiah Tejada, Alysa Vanderheym; BBR Music Group / BMG Nashville / Republic Records Cold Beer & Country Music – Zach Top; producer: Carson Chamberlain; Leo33 F-1 Trillion – Post Malone; producers: Louis Bell, Charlie Handsome, Hoskins; Mercury Records / Republic Records – Lainey Wilson; producer: Jay Joyce; BBR Music Group / BMG Nashville Awarded to artist(s)/producer(s)/record company–label(s) 'A Bar Song (Tipsy)' – Shaboozey; producers: Sean Cook, Nevin Sastry; American Dogwood / EMPIRE 'Dirt Cheap' – Cody Johnson; producer: Trent Willmon; CoJo Music LLC / Warner Music Nashville 'I Had Some Help' – Post Malone, Morgan Wallen; producers: Louis Bell, Charlie Handsome, Hoskins; Mercury Records / Republic Records 'White Horse' – Chris Stapleton; producers: Dave Cobb, Chris Stapleton, Morgane Stapleton; Mercury Nashville 'you look like you love me' – Ella Langley, Riley Green; producer: Will Bundy; SAWGOD / Columbia Records Awarded to songwriter(s)/publisher(s)/artist(s) '4x4xU' – Lainey Wilson; songwriters: Jon Decious, Aaron Raitiere, Lainey Wilson; publishers: Louisiana Lady; One Tooth Productions; Reservoir 416; Songs of One Riot Music; Sony/ATV Accent 'The Architect' – Kacey Musgraves; songwriters: Shane McAnally, Kacey Musgraves, Josh Osborne; publishers: Songs for Indy and Owl; Sony/ATV Cross Keys Publishing 'Dirt Cheap' – Cody Johnson; songwriter: Josh Phillips; publishers: Warner-Tamerlane Publishing; Write or Die Music; Write the Lightning Publishing 'I Had Some Help' – Post Malone, Morgan Wallen; songwriters: Louis Bell, Ashley Gorley, Hoskins, Austin Post, Ernest Keith Smith, Morgan Wallen, Chandler Paul Walters, Ryan Vojtesak; publishers: Bell Ear Publishing; Master of my Domain Music; Poppy's Picks; Sony/ATV Cross Keys Publishing; Universal Music Corporation 'you look like you love me' – Ella Langley, Riley Green; songwriters: Riley Green, Ella Langley, Aaron Raitiere; publishers: Back 40 Publishing International; Langley Publishing; One Tooth Productions; Sony/ATV Tree; Warner-Tamerlane Publishing Corp Awarded to artist(s)/producer(s)/record company–label(s) 'Cowboys Cry Too' – Kelsea Ballerini, Noah Kahan; producers: Kelsea Ballerini, Noah Kahan, Alysa Vanderheym; Black River Entertainment 'I Had Some Help' – Post Malone, Morgan Wallen; producers: Louis Bell, Charlie Handsome, Hoskins; Mercury Records / Republic Records 'I'm Gonna Love You' – Cody Johnson, Carrie Underwood; producer: Trent Willmon; CoJo Music LLC / Warner Music Nashville 'we don't fight anymore' – Carly Pearce, Chris Stapleton; producers: Shane McAnally, Josh Osborne, Carly Pearce; Big Machine Records 'you look like you love me' – Ella Langley, Riley Green; producer: Will Bundy; SAWGOD / Columbia Records Awarded to producer(s)/director(s)/artist(s) '4x4xU' – Lainey Wilson; producer: Jennifer Ansell; director: Dano Cerny 'Dirt Cheap' – Cody Johnson; producer: Dustin Haney; director: Dustin Haney 'I'm Gonna Love You' – Cody Johnson, Carrie Underwood; producers: Christen Pinkston, Wesley Stebbins-Perry; director: Dustin Haney 'Think I'm In Love With You' – Chris Stapleton; producers: Wes Edwards, Angie Lorenz, Jamie Stratakis; director: Running Bear (Stephen Kinigopoulos, Alexa Stone) 'you look like you love me' – Ella Langley, Riley Green; producer: Alex Pescosta; directors: Ella Langley, John Park, Wales Toney Luke Combs ERNEST HARDY Morgan Wallen Lainey Wilson Jessi Alexander Jessie Jo Dillon Ashley Gorley Chase McGill Josh Osborne Dave Cobb Ian Fitchuk Charlie Handsome Jon Randall Alysa Vanderheym Brandon Bell Drew Bollman Josh Ditty Buckley Miller F. Reid Shippen J.T. Cure Mark Hill Rachel Loy Tony Lucido Craig Young Fred Eltringham Tommy Harden Evan Hutchings Aaron Sterling Nir Z Tim Galloway Todd Lombardo Mac McAnally Bryan Sutton Ilya Toshinskiy Dave Cohen Ian Fitchuk Billy Justineau Gordon Mote Alex Wright Dan Dugmore Jenee Fleenor Josh Matheny Justin Schipper Kristin Wilkinson Kris Donegan Jedd Hughes Brent Mason Sol Philcox-Littlefield Derek Wells Deadwood Mountain Grand – Deadwood, S.D. Foxwoods Resort Casino – Mashantucket, Conn. Harrah's Cherokee Casino Resort – Cherokee, N.C. The Theater at Virgin Hotels – Las Vegas, Nev. Yaamava' Theater – Highland, Calif. Golden Nugget Lake Charles – Lake Charles, La. Hard Rock Live at Etess Arena – Atlantic City, N.J. Harveys Lake Tahoe – Stateline, Nev. Mystic Lake Casino Showroom – Prior Lake, Minn. Turning Stone Resort Casino – Verona, N.Y. C2C Country to Country – London CMC Rocks – Ipswich, Queensland Stagecoach Festival – Indio, Calif. Two Step Inn – Georgetown, Tex. Windy City Smokeout – Chicago Calgary Stampede – Calgary, Alberta California Mid-State Fair – Paso Robles, Calif. Cheyenne Frontier Days – Cheyenne, Wy. Minnesota State Fair – Falcon Heights, Minn. Houston Livestock Show and Rodeo – Houston Billy Bob's Texas – Fort Worth, Tex. Brooklyn Bowl – Nashville Cain's Ballroom – Tulsa, Okla. Georgia Theatre – Athens, Ga. Joe's on Weed St. – Chicago The Caverns – Pelham, Tenn. MGM Music Hall at Fenway – Boston The Met Philadelphia – Philadelphia The Rave/Eagles Club – Milwaukee, Wisc. Tennessee Theatre – Knoxville, Tenn. BankNH Pavilion – Gilford, N.H. CMAC – Constellation Brands Marvin Sands Performing Arts Center – Canandaigua, N.Y. Saint Augustine Amphitheatre – St. Augustine, Fla. The Wharf Amphitheater – Orange Beach, Ala. Whitewater Amphitheater – New Braunfels, Tex. Dickies Arena – Fort Worth, Tex. Moody Center – Austin, Tex. TD Garden – Boston Thompson-Boling Arena at Food City Center – Knoxville, Tenn. Van Andel Arena – Grand Rapids, Mich. Deana Baker Bobby Clay Gil Cunningham Weston Hebert Stacy Vee Taylor Williamson Brent Fedrizzi Alex Maxwell Patrick McDill Anna-Sophie Mertens Rich Schaefer Aaron Spalding This article originally appeared on Nashville Tennessean: ACM Awards winners: Full list including Lainey Wilson, Ella Langley
Yahoo
05-06-2025
- Business
- Yahoo
LA, Long Beach Ports Brace for Potential Record-Breaking Summer Surge
The Los Angeles and Long Beach ports could be in for a busy summer as shippers again rush to get goods into the U.S. before two tariff deadlines in July and August. According to a report from maritime trade advisory service Sea-Intelligence, container shipping lines are planning to offer approximately 18 percent more year-over-year capacity on the Asia-to-North American West Coast trade lane in June and July. More from Sourcing Journal Old Dominion Blames 'Economic Softness' for Revenue, Volume Slips Trump Doubles Duties on Metals, Judge Dismisses California's Tariff Lawsuit Global Economic Growth Will Be Blunted By US Tariffs, OECD Says If the San Pedro Bay ports were to handle that much inbound cargo during the period, records could be set, the firm says. 'The Port of Los Angeles will be faced with volumes in June which are almost at the level seen at the maximum in 2024, but in July 2025 they will face volumes significantly exceeding the pandemic-induced spike in 2021,' said Alan Murphy, CEO of Sea-Intelligence, in a weekly update. 'The Port of Long Beach would see new volume handling records for both June and July.' The potential records are a reversal from both ports' expectations for May, when U.S.-bound traffic collapsed amid President Donald Trump's tariffs, which most heavily impacted goods coming from China. While neither California port has posted official numbers for the month, Port of Los Angeles executive director Gene Seroka confirmed that it saw a more than 30 percent decline in inbound cargo volume in the first week of May. Seroka said the remainder of the month was 'likely to be substantial,' while his counterpart at the Long Beach port, Mario Cordero, projected a 'more than 10 percent' import drop-off for the month. But with last month's truce seeing both the U.S. and China scale back their tariffs for 90 days, American importers have since raced to gobble up space on vessels on the Pacific Ocean ahead of the Aug. 14 deadline. For the Port of Los Angeles, the July import total could potentially result in 585,178 20-foot equivalent units (TEUs), which would mark a 9.2 percent increase over the record monthly total of 535,714 TEUs set in May 2021. The Port of Long Beach would set an all-time import record in June, only to surpass it again in July, according to the Sea-Intelligence projections. The respective 493,481 and 516,578 TEUs in each month would outshine last October's 487,563 containers imported at a pace of 1.2 percent and 6 percent. Across the two months, 397,000 TEUs are expected to be added on the Asia-to-West Coast lane as a whole. In five of the next 11 weeks, Sea-Intelligence expects capacity growth exceeding 30 percent year over year. In June, the lines are increasing capacity 12.8 percent compared to before the May 9 tariff pause. That number will jump to 16.5 percent in July. 'It is of course an open question whether the tariff-induced volume surge will match this capacity injection,' Murphy said. 'However, if it does, it can create a significant issue in the ports of Los Angeles/Long Beach.' Both Seroka and Cordero have insisted that the congestion isn't likely to overwhelm the port systems. The L.A. port director noted in a May press briefing that learnings from the Covid peak helped the port prepare to move 25 percent more empty containers back to Asia in April than the year prior. As trans-Pacific demand is increasing, ocean freight rates on the route continue to skyrocket. Data from Drewry's World Container Index (WCI) shows spot rates on the Los Angeles-to-Shanghai path escalated 57 percent from the week prior to $5,876 per 40-foot container. Over the past four weeks, spot rates have jumped 117 percent on the trade lane. On the trans-Pacific route to New York, rates have risen 39 percent in the past week and 96 percent in the past four weeks to $7,164 per 40-foot container. Freight rate benchmarking platform Xeneta's data reflected a similar reality, with weekly rates up 63 percent on the Far East-to-U.S. West Coast route to an average of $5,082 per container. As of Thursday morning, Far East-to-U.S. East Coast containers shot up 48 percent to $6,160. The rate acceleration doesn't appear to be sustainable, particularly if supply chain imbalances occur closer to the tariff deadlines and demand for cargo falls off again. Drewry's Container Forecaster expects the supply-demand balance to weaken again in the second half, which would cause spot rates to decline again in the second half of this year. Xeneta has similar expectations. 'Right now, it seems carriers are telling shippers to jump, and some are replying 'how high?'' said Peter Sand, chief analyst at Xeneta. 'This will not last because capacity is heading back to the trans-Pacific and the desperation of shippers to get supply chains moving again will ease once boxes are on the water and inventories begin to build up. Spot rates are expected to peak in June before downward pressure returns.'
