The company said its revenue per day increased 1.2% in February 2024 compared with February 2023. It said the increase in LTL revenue per hundredweight was slightly offset by a 3.0% decrease in LTL tons per day.

8-KRegulation FD DisclosureFiled Mar 5, 2024Period of report Mar 5, 2024Summary published (UTC) Oct 30, 2026

Key points

AI summary

The company said its revenue per day increased 1.2% in February 2024 compared with February 2023. It said the increase in LTL revenue per hundredweight was slightly offset by a 3.0% decrease in LTL tons per day.
Old Dominion said the decrease in LTL tons per day of 3.0% was attributable to a 3.2% decrease in LTL weight per shipment, which was partially offset by a 0.2% increase in LTL shipments per day.
The company said LTL revenue per hundredweight for the quarter-to-date period increased 3.7% compared with the same period last year, and excluding fuel surcharges, it increased 7.1%.
ODFL said President and Chief Executive Officer Marty Freeman stated that revenue turned slightly positive in February but continued to reflect softness in the domestic economy.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

ODFL daily revenue up 1.2% in February

The company said its revenue per day increased 1.2% in February 2024 compared with February 2023. It said the increase in LTL revenue per hundredweight was slightly offset by a 3.0% decrease in LTL tons per day.

Source · Based on the filing body and exhibits

Decline in LTL tons per day drivers

Old Dominion said the decrease in LTL tons per day of 3.0% was attributable to a 3.2% decrease in LTL weight per shipment, which was partially offset by a 0.2% increase in LTL shipments per day.

Source · Based on the filing body and exhibits

Quarter-to-date LTL revenue per hundredweight rises

The company said LTL revenue per hundredweight for the quarter-to-date period increased 3.7% compared with the same period last year, and excluding fuel surcharges, it increased 7.1%.

Source · Based on the filing body and exhibits

CEO commentary

ODFL said President and Chief Executive Officer Marty Freeman stated that revenue turned slightly positive in February but continued to reflect softness in the domestic economy.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

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