Old Dominion Freight Line, Inc. reported that its February 2025 revenue per day decreased by 5.0% compared to February 2024, primarily due to a 7.1% decline in less-than-truckload (LTL) tons per day. This drop resulted from a 5.9% decrease in LTL shipments per day and a 1.3% decline in LTL weight per shipment. However, LTL revenue per hundredweight increased by 2.6%, and by 4.3% when excluding fuel surcharges.

CEO Marty Freeman attributed the revenue decline to economic softness and lower fuel prices but expressed optimism about demand for the company's services. He reaffirmed Old Dominion’s commitment to providing high-quality service and managing business growth effectively.

The company cautioned that forward-looking statements involve risks such as economic downturns, fuel price fluctuations, labor costs, and regulatory changes. It remains focused on long-term profitable revenue growth and shareholder value. Old Dominion continues to operate as one of North America’s largest less-than-truckload carriers, offering regional and national services through a non-unionized network.