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Old Dominion points to October as ‘a sign of hope’

Continued weakness in freight demand weighed on Old Dominion’s third quarter, but the less-than-truckload carrier said current sequential trends are the best in two-and-a-half years.

By: FreightWaves

Oct 24 2024
31
2809 Views

Old Dominion points to October as ‘a sign of hope’ — Old Dominion points to October

Old Dominion Freight Line saw continued demand weakness during the third quarter but signaled October could be the last of the big year-over-year declines for this cycle. The less-than-truckload carrier reported $1.47 billion in revenue, a 3% y/y dec... [724 chars]

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