Old Dominion Freight Line May Revenue/Day +12.3%; LTL Tons/Day -3.8%

Old Dominion Freight Line reported its operating metrics for May 2026 and quarter-to-date Q2 2026. Revenue per day increased by 12.3% in May 2026 compared to May 2025, driven by higher LTL revenue per hundredweight. However, LTL tons per day decreased by 3.8%, primarily due to a 5.3% drop in LTL shipments per day. The company's CEO noted solid revenue growth for the first two months of Q2 and improving demand, expressing confidence in gaining market share.