ODFL · 10-Q · 2026Q2 · Full report

Yield Management and Pricing

OLD DOMINION FREIGHT LINE, INC. · 2026-08-05 · Importance 54 · Surprise 40

ODFL used yield discipline to offset lower LTL volumes and support investments in capacity and technology. LTL revenue per hundredweight increased 15.2% in the second quarter and 10.6% in the first six months, while the portions excluding fuel surcharges rose 5.5% and 5.0%, respectively. LTL revenue per shipment increased 17.2% in the quarter and 11.7% year to date, reflecting higher yields and slightly heavier shipments. In July, revenue per hundredweight increased 9.3% year over year, including a 4.2% increase excluding fuel surcharges, as the company continued its cost-based pricing approach to offset cost inflation.

Key facts

• Excluding fuel surcharges, LTL revenue per hundredweight increased 5.5% in the second quarter of 2026 versus the second quarter of 2025. source
• Excluding fuel surcharges, LTL revenue per hundredweight increased 5.0% in the first six months of 2026 versus the first six months of 2025. source
• LTL revenue per hundredweight increased 9.3% in July 2026 versus July 2025. source
• LTL revenue per hundredweight excluding fuel surcharges increased 4.2% in July 2026 versus July 2025. source
• LTL revenue per hundredweight for the three months ended June 30, 2026: $37.84. source
• LTL revenue per hundredweight for the six months ended June 30, 2026: $36.22. source
• LTL revenue per shipment for the three months ended June 30, 2026: $568.55. source
• LTL revenue per shipment for the six months ended June 30, 2026: $542.19. source