Old Dominion says November revenue per day down 4.4% y/y

Old Dominion (ODFL) Freight Line reported certain less-than-truckload operating metrics for November 2025. Revenue per day decreased by 4.4% as compared to November 2024 due to a 10.0% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. The decrease in LTL tons per day was attributable to a 9.4% decrease in LTL shipments per day and a 0.6% 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 5.9% and 5.2%, respectively, as compared to the same period last year. Marty Freeman, President and Chief Executive Officer of Old Dominion, commented, “Old Dominion’s revenue results for November reflect ongoing softness in the domestic economy, which contributed to a decrease in our volumes. We continued to deliver best-in-class service, which supports our yield management initiatives and ability to increase our LTL revenue per hundredweight. Our team will continue to focus on these core elements of our long-term strategic plan, which we believe has produced a strong track record of financial performance. This plan has also helped us create an unmatched value proposition that we believe will support our ability to win market share and increase shareholder value over the long-term.”