ODFL reported that revenue per day increased 29.9% annually, driven by an 11.5% gain in daily LTL tonnage, as well as LTL revenue per hundredweight heading up. The company said that the change in LTL tons per day was due to a 15.2% increase in LTL shipments per day that was partially offset by a 3.2% decrease in LTL weight per shipment.
Source: logistics Mgmt
ODFL posts strong fourth quarter update
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