- The company said that revenue per day decreased by 5.8% in May 2025, compared to the same period last year
- The revenue drop reflects an 8.4% decrease in LTL tons per day, partially offset by an increase in LTL revenue per hundredweight
- There was a 6.8% decrease in LTL shipments per day and a 1.9% decrease in LTL weight per shipment, driving the decline in LTL tons per day
- The May results reflect continued softness in the domestic economy as well as the impact of lower fuel prices on yields
- For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 3.2% and 5.6% respectively YoY
- The management said it will continue to focus on executing its long-term strategic plan, even as the macroeconomic environment remains uncertain
Market News
Earnings Summary: Old Dominion Freight Line issues update on second quarter 2025
Old Dominion Freight Line, Inc. (NASDAQ: ODFL), which operates as a less-than-truckload motor carrier in North America, provided operating metrics for May 2025. The company said that revenue per day decreased by 5.8% in May 2025, compared to the same period last year The revenue drop reflects an 8.4% decrease in LTL tons per day, […]
“Old Dominion Freight Line, Inc. (NASDAQ: ODFL), which operates as a less-than-truckload motor carrier in North America, provided operating metrics for May 2025. The company said that revenue per day decreased by 5.8% in May 2025, compared to the same period last year The revenue drop reflects an 8.4% decrease in LTL tons per day, […]
· June 5, 2025
Old Dominion Freight Line, Inc. (NASDAQ: ODFL), which operates as a less-than-truckload motor carrier in North America, provided operating metrics for May 2025.
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