Old Dominion Freight Line, Inc. Reports Revenue Results for the Month and Quarter-To-Date Ended February 2024
March 05, 2024 at 07:00 am EST
Old Dominion Freight Line, Inc. reported revenue results for the month and quarter-to-date ended February 2024. For the month, the company reported Revenue per day increased 1.2% as compared to February 2023 due to an increase in LTL revenue per hundredweight that was slightly offset by a 3.0% decrease in LTL tons per day.
For quarter to date, the company reported LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 3.7% and 7.1%, respectively, as compared to the same period last year.