3 September 2026
Old Dominion’s August: Some good, some OK

Less-than-truckload carrier Old Dominion Freight Line saw yield growth accelerate in August, but tonnage remained slightly negative, according to a Thursday update. The Thomasville, North Carolina-based company’s daily revenue increased 12. 4% year over year in August, an improvement from the 8. 2% y/y growth rate logged in July. However, diesel fuel prices increased 46% y/y in August compared with a 31% y/y increase in July.
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