ODFL · 10-Q · 2026Q3 · Full report

Operating Expense Trends

OLD DOMINION FREIGHT LINE, INC. · 2026-11-04 · Importance 45 · Surprise 48

Salaries, wages and benefits increased $41.8 million, or 6.3%, in third-quarter 2026 and $37.3 million, or 1.9%, in the first nine months; higher employee benefits drove much of the increase, while average active full-time employees declined 4.1% and 6.1%, respectively. Operating supplies and expenses rose $45.1 million, or 31.3%, in the quarter and $77.2 million, or 17.7%, in the nine-month period, primarily because diesel fuel costs increased. General supplies and expenses increased 8.3% in the quarter and 12.4% in the nine-month period, reflecting higher cloud-computing technology costs and, for the nine-month period, employee training. Miscellaneous expense, net declined $26.3 million for the first nine months, as property and equipment sales produced $19.0 million of net gains versus $6.0 million of net losses in 2025.

Key facts

• OLD DOMINION FREIGHT LINE, INC.’s operating supplies and expenses increased $45.1 million, or 31.3%, in Q3 2026 and $77.2 million, or 17.7%, in the first nine months of 2026. source
• OLD DOMINION FREIGHT LINE, INC. stated that future changes to environmental laws or regulations may adversely affect operations and result in unforeseen business costs. source
• OLD DOMINION FREIGHT LINE, INC.’s Q3 2026 salaries, wages and benefits increased $41.8 million, or 6.3%, year over year. source
• OLD DOMINION FREIGHT LINE, INC.’s general supplies and expenses increased $15.7 million, or 12.4%, in the first nine months of 2026, primarily due to cloud-computing technology and employee training costs. source
• OLD DOMINION FREIGHT LINE, INC.’s depreciation and amortization decreased $1.8 million, or 1.9%, in Q3 2026, primarily reflecting property and equipment disposals and its planned reduction in capital expenditures. source
• OLD DOMINION FREIGHT LINE, INC.’s salaries, wages and benefits increased $37.3 million, or 1.9%, in the first nine months of 2026 year over year. source
• OLD DOMINION FREIGHT LINE, INC.’s general supplies and expenses increased $3.8 million, or 8.3%, in Q3 2026, primarily due to higher cloud-computing technology costs. source
• OLD DOMINION FREIGHT LINE, INC. identified potential exposure to claims exceeding insured coverage levels, including cargo, property damage, personal injury, workers’ compensation and healthcare claims. source