other material
confidence high
sentiment negative
materiality 0.60
ODFL Nov LTL tons/day down 10% YoY; revenue/day down 4.4%
OLD DOMINION FREIGHT LINE, INC.
- Revenue per day decreased 4.4% vs Nov 2024; LTL tons per day fell 10.0%.
- LTL shipments per day dropped 9.4%; weight per shipment declined 0.6%.
- Quarter-to-date LTL revenue per hundredweight rose 5.9% ex fuel surcharges +5.2%.
- CEO cites ongoing domestic economic softness depressing volumes.
- Yield management offset volume decline; service levels remain best-in-class.