
Old Dominion Unveils Weak LTL Unit Performance for November

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Old Dominion Freight Line (ODFL) reported a 4.4% year-over-year decline in LTL revenue per day for November, primarily due to a 10% decrease in LTL tons per day. Despite this, the company saw an increase in LTL revenue per hundredweight and affirmed its commitment to its yield management initiatives. ODFL currently holds a Zacks Rank #4 (Sell), with its shares having fallen 12.4% over the past six months.

