With numerous metrics to determine how a less-than-truckload (LTL) company is doing, the CFO at Old Dominion Freight Line talked this week about the measurement that his company likes to look at: revenue per shipment.
In a conference call with earnings analysts following the release of the company’s strong second-quarter earnings report, ODFL CFO Adam Satterfield said that metric is one that the company favors as a barometer of the strength of the business.
“We believe revenue per shipment is a...
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