Less-than-truckload carrier Old Dominion Freight Line announced Tuesday that volumes and yields grew at an accelerated clip during August.
The Thomasville, North Carolina-based carrier saw revenue increase 29.1% year-over-year during the month, following a 36.7% growth rate in July. Tonnage was up 18.6% year-over-year in July and 10.9% in August.
Through the first two months of the third quarter, revenue per hundredweight, or yield, was up 15.5% year-over-year, 9.9% higher excluding fuel...
https://www.freightwaves.com/news/old-dominion-says-share-gains-drive-tonnage-revenue-higher-in-q3