We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Old Dominion Unveils Weak LTL Unit Performance for August
Read MoreHide Full Article
Key Takeaways
Old Dominion's August revenue per day dropped 4.8% due to a 9.2% decline in LTL tons per day.
ODFL saw an 8.2% drop in LTL shipments per day and a 1.2% dip in weight per shipment in August 2025.
Quarter to date, LTL revenue per hundredweight rose 4.5%, excluding fuel surcharges, it rose 4.7%.
Old Dominion Freight Line, Inc. (ODFL - Free Report) has provided an update on the performance of its less-than-truckload (LTL) segment, which is its primary revenue generator, for August.
Old Dominion's revenue per day fell 4.8% year over year in August 2025, owing to a 9.2% decrease in LTL tons per day, which was partially offset by an increase in LTL revenue per hundredweight. The reduction in LTL tons per day was owing to an 8.2% decrease in LTL shipments per day and a 1.2% decrease in LTL weight per shipment.
Quarter to date, Old Dominion’s LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 4.5% and 4.7%, respectively, year over year.
Marty Freeman, president and chief executive officer of Old Dominion, stated, “Old Dominion’s frevenue results for August reflect the ongoing softness in the domestic economy. While our volumes declined on a year-over-year basis, the improvement in our revenue per hundredweight demonstrates the value that our customers realize from our consistent commitment to superior service. Our value proposition remains best in class, and we have the capacity to handle incremental volumes when the demand environment improves. As a result, we remain confident that we are the best positioned carrier to win profitable market share over the long term while also improving shareholder value.”
ODFL’s Zacks Rank & Price Performance
ODFL currently carries a Zacks Rank #4 (Sell).
Shares of ODFL have plunged 18.4% over the past six months compared with the 11.3% decline of the transportation-truck industry.
LTM has an expected earnings growth rate of 45% for the current year. The company has a mixed earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters, missed once and met in the remaining one, delivering an average beat of 4.04%.
SKYW currently sports a Zacks Rank #1.
SkyWest has an expected earnings growth rate of 28.06% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 21.92%.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Shutterstock
Old Dominion Unveils Weak LTL Unit Performance for August
Key Takeaways
Old Dominion Freight Line, Inc. (ODFL - Free Report) has provided an update on the performance of its less-than-truckload (LTL) segment, which is its primary revenue generator, for August.
Old Dominion's revenue per day fell 4.8% year over year in August 2025, owing to a 9.2% decrease in LTL tons per day, which was partially offset by an increase in LTL revenue per hundredweight. The reduction in LTL tons per day was owing to an 8.2% decrease in LTL shipments per day and a 1.2% decrease in LTL weight per shipment.
Quarter to date, Old Dominion’s LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 4.5% and 4.7%, respectively, year over year.
Marty Freeman, president and chief executive officer of Old Dominion, stated, “Old Dominion’s frevenue results for August reflect the ongoing softness in the domestic economy. While our volumes declined on a year-over-year basis, the improvement in our revenue per hundredweight demonstrates the value that our customers realize from our consistent commitment to superior service. Our value proposition remains best in class, and we have the capacity to handle incremental volumes when the demand environment improves. As a result, we remain confident that we are the best positioned carrier to win profitable market share over the long term while also improving shareholder value.”
ODFL’s Zacks Rank & Price Performance
ODFL currently carries a Zacks Rank #4 (Sell).
Shares of ODFL have plunged 18.4% over the past six months compared with the 11.3% decline of the transportation-truck industry.
ODFL Stock Six-Month Price Comparison
Image Source: Zacks Investment Research
Stocks to Consider
Investors interested in the Transportation sector may also consider LATAM Airlines Group (LTM - Free Report) and SkyWest (SKYW - Free Report) .
LTM currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
LTM has an expected earnings growth rate of 45% for the current year. The company has a mixed earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters, missed once and met in the remaining one, delivering an average beat of 4.04%.
SKYW currently sports a Zacks Rank #1.
SkyWest has an expected earnings growth rate of 28.06% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 21.92%.