Old Dominion Freight Line (ODFL) announced its less-than-truckload (LTL) operating metrics for August 2026, highlighting a significant year-over-year increase in daily revenue. This growth was primarily driven by higher revenue per hundredweight, which offset a slight decline in freight volume.

Key Details

  • Revenue Growth: Revenue per day for August 2026 increased 12.4% compared to August 2025.
  • Volume & Pricing: The revenue increase was driven by an 11.3% quarter-to-date rise in LTL revenue per hundredweight. This was partially offset by a 0.9% decrease in LTL tons per day for August.
  • Shipment Metrics: The decrease in LTL tons resulted from a 2.4% decline in LTL shipments per day, though LTL weight per shipment increased by 1.7%.
  • Core Pricing: For the third quarter-to-date, LTL revenue per hundredweight, excluding fuel surcharges, increased 4.8% compared to the same period in the prior year.