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Stock impact report

Old Dominion Freight Line Provides Update for Third-Quarter 2021

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: Business Wire
THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for August 2021. Revenue per day increased 29.1% as compared to August 2020 due to a 10.9% increase in LTL tons per day and an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 17.3% increase in LTL shipments per day that was partially offset by a 5.5% 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 15.5% and 9.9%, respectively, as compared to the same period last year.Greg C. Gantt, President and Chief Executive Officer of Old Dominion, commented, “Old Dominion’s revenue and shipment growth for the first two months of the third quarter reflects strength in both the domestic economy and demand for our service. These factors have continued to support our ability to w Show less Read more
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