Improvement in less-than-truckload fundamentals was reported for a second day in a row on Thursday. Old Dominion Freight Line’s (NASDAQ: ODFL) November update showed the carrier increased revenue per day by more than 6% for the month.
The report follows a Wednesday update from Saia (NASDAQ: SAIA) in which the carrier reported tonnage increases for the first two months of the fourth quarter of 5.7% and 7.3%, respectively.
Old Dominion reported a 5.2% year-over-year increase in November tonnage...
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