Old Dominion Freight Line says August less-than-truckload revenue fell year-on-year
Old Dominion Freight Line (NASDAQ:ODFL) Thursday said less-than-truckload August revenue per day decreased 1.4% as compared to August 2022.
The change in LTL tons per day was attributable to a 1.2% decrease in LTL shipments per day and a 4.8% decrease in LTL weight per shipment.

For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 1.8% and 8.8%, respectively, as compared to the same period last year.
âThe decrease in Old Dominionâs tonnage for August reflects continued softness in the domestic economy as well as a change in the mix of our freight," Marty Freeman, President and Chief Executive Officer of Old Dominion said.
Source: Press Release



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