Old Dominion Freight Line reported a 4.8% decrease in revenue per day for August 2025 compared to the previous year.
The decrease was mainly due to a 9.2% drop in LTL tons per day, partially offset by higher LTL revenue per hundredweight.
Despite the volume decline, the company saw an increase in LTL revenue metrics for the quarter-to-date period.
Revenue Decrease
Revenue per day dropped by 4.8% in August 2025 compared to the previous year.
LTL Tons Decrease
A significant 9.2% decrease in LTL tons per day contributed to the revenue decline.
Positive Revenue Trends
LTL revenue per hundredweight and revenue excluding fuel surcharges increased for the quarter-to-date period.
- The revenue results reflect ongoing challenges in the domestic economy leading to lower volumes.
- The company's focus on service quality and value proposition helped maintain revenue metrics despite volume declines.
Old Dominion Freight Line remains confident in its position to capture profitable market share and enhance shareholder value with its strong service commitment and capacity for growth.