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Old Dominion Unveils Solid LTL Unit Performance for August

Zacks Investment Research | Sep 3, 2026 2:01 PM EDT

Old Dominion Freight Line (ODFL) reported 12.4% year-over-year revenue per day growth in August 2026, driven by increased LTL revenue per hundredweight, despite a 0.9% decline in tons per day. Quarter-to-date LTL revenue per hundredweight rose 11.3% (4.8% excluding fuel surcharges). CEO Marty Freeman expressed confidence in the company's strategic positioning and capacity to capture profitable market share.

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