Old Dominion Freight Line Shares Higher

Old Dominion Freight Line reported certain less-than-truckload (LTL) operating metrics for May 2017. LTL tons per day increased 5.8% as compared to May 2016 due to a 5.7% increase in LTL shipments per day and a 0.1% increase in LTL weight per shipment.

For the quarter-to-date period, LTL revenue per hundredweight increased 5.3% and LTL revenue per hundredweight, excluding fuel surcharges, increased 3.5% as compared to the same period last year. Shares gained 1% shortly after the open of trading Monday.

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