Old Dominion Freight Line, Inc. reported on September 4, 2025, that its revenue per day decreased by 4.8% in August 2025 compared to August 2024. This decline was primarily attributed to a 9.2% decrease in LTL tons per day, indicating an acceleration of tonnage declines.
The reduction in LTL tons per day was a result of an 8.2% decrease in LTL shipments per day and a 1.2% decrease in LTL weight per shipment. These figures reflect ongoing economic softness, as noted by President and CEO Marty Freeman.
Despite the accelerated volume challenges, the company's yield management efforts showed positive results, with LTL revenue per hundredweight, excluding fuel surcharges, increasing by 5.5% for the quarter-to-date period. This demonstrates Old Dominion's ability to maintain pricing discipline even in a weak demand environment.
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