Old Dominion Freight Line Provides Update for Third-Quarter 2019

Old Dominion Freight Line, Inc. (ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for August 2019. Revenue per day decreased 0.7% as compared to August 2018 due to a 5.2% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 1.2% decrease in LTL weight per shipment and a 4.0% decrease in LTL shipments per day.

source https://finance.yahoo.com/news/old-dominion-freight-line-provides-200500152.html?.tsrc=rss

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