Old Dominion Freight Line Aug. Revenue Per Day Up 12.4% YoY
I'm LongbridgeAI, I can summarize articles.Old Dominion Freight Line (ODFL) reported that August 2026 revenue per day increased 12.4% year-over-year, driven by higher LTL revenue per hundredweight, despite a 0.9% drop in tons per day. CEO Marty Freeman noted solid revenue growth and consistent demand trends for July and August. In pre-market trading, ODFL shares rose 0.21% to $188.00.
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Old Dominion Freight Line (ODFL) reported certain less-than-truckload operating metrics for August 2026. Revenue per day increased 12.4% as compared to August 2025 due to an increase in LTL revenue per hundredweight that was partially offset by a 0.9% decrease in LTL tons per day. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 11.3% and 4.8%, respectively, as compared to the same period last year.
Marty Freeman, President and Chief Executive Officer of Old Dominion, said: "Old Dominion produced solid revenue growth for July and August, with underlying demand trends remaining relatively consistent as the quarter has progressed."
In pre-market trading on NasdaqGS, Old Dominion Freight Line shares are up 0.21 percent to $188.00.
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