Old Dominion Freight Line, Inc. Reports Revenue Results for the Month and Quarter-To-Date Period Ended May 2025
Published on 06/04/2025 at 08:20
S&P Capital IQ
Old Dominion Freight Line, Inc. reported revenue results for the month and quarter-to-date period ended May 2025. For May 2025, Revenue per day decreased 5.8% as compared to May 2024 due to an 8.4% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. The decrease in LTL tons per day was attributable to a 6.8% decrease in LTL shipments per day and a 1.9% decrease in LTL weight per shipment.
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, as compared to the same period last year.