Old Dominion Freight Line Sees August Revenue Drop 4.8% As Shipment Volumes Decline
Author: Benzinga Newsdesk | September 04, 2025 07:06am
Old Dominion Freight Line, Inc. (NASDAQ:ODFL) today reported certain less-than-truckload ("LTL") operating metrics for August 2025. Revenue per day decreased by 4.8% as compared to August 2024 due to a 9.2% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. The decrease in LTL tons per day was attributable to an 8.2% decrease in LTL shipments per day and a 1.2% 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 4.5% and 4.7%, respectively, as compared to the same period last year.
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