other material
confidence high
sentiment neutral
materiality 0.60
Old Dominion reports May revenue per day up 12.3% YoY; LTL tons down 3.8%
OLD DOMINION FREIGHT LINE, INC.
- Revenue per day in May 2026 increased 12.3% YoY, driven by higher LTL revenue per hundredweight, partially offset by 3.8% decline in LTL tons per day.
- LTL shipments per day decreased 5.3% YoY, while LTL weight per shipment rose 1.6%.
- Q2-to-date: LTL revenue per hundredweight up 15.6%; excluding fuel surcharges, up 5.4% vs same period last year.
- CEO Marty Freeman cites improving demand through Q2, best-in-class service metrics supporting yield management.