Old Dominion reports operating metrics for February

Old Dominion reported certain less-than-truckload, or LTL, operating metrics for February. Revenue per day decreased 2.9% as compared to February due to a 12.4% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 10.1% decrease in LTL shipments per day and a 2.5% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 12.1% and 8.6%, respectively, as compared to the same period last year.