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0.00183230476961296 0.00160748209849476 0.00214705650917835 0.00042716307512449 0.00273159545408553 0.000380624782203085 0.00077563821535757 -0.000236063804674104
Stock impact report

Old Dominion (ODFL) Posts LTL Unit Performance for February [Yahoo! Finance]

Old Dominion Freight Line, Inc. (ODFL) 
Last old dominion freight line, inc. earnings: 4/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: odfl.com/financials
Company Research Source: Yahoo! Finance
Old Dominion's revenue per day improved 1.2% year over year in February 2024, owing to an increase in LTL revenue per hundredweight, which was partially offset by a 3% decrease in LTL tons per day. The downfall in LTL tons per day was due to a 3.2% decrease in LTL weight per shipment, which was partially offset by a 0.2% increase in LTL shipments per day. Quarter to date, Old Dominion's LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, jumped 3.7% and 7.1%, year over year, respectively. Marty Freeman, president and chief executive officer of Old Dominion, stated, "Our revenue results turned slightly positive in February but continue to reflect softness in the domestic economy. Our LTL shipments per day also increased slightly as compared to February 2023 while our yield metrics continued to improve. The increase in our LTL revenue per hundredweight was supported by a favorable pricing environment and our ongoing ability to deliver superio Show less Read more
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