other material
confidence high
sentiment negative
materiality 0.65
Old Dominion February LTL revenue per day down 2.9% YoY; shipments per day down 10.1%
OLD DOMINION FREIGHT LINE, INC.
- Revenue per day decreased 2.9% YoY; LTL tons per day down 12.4%.
- LTL shipments per day down 10.1%; weight per shipment down 2.5%.
- LTL revenue per hundredweight up 12.1% (ex-fuel surcharges up 8.6%).
- CEO cites continued softness in domestic economy but notes stabilization in shipments per day and yield improvement.