{
  "id": 5345079,
  "title": "Old Dominion’s August: Some good, some OK",
  "url": "https://urgent.news/2026/09/03/old-dominions-august-some-good-some-ok",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-03T13:32:50.000Z",
  "source": {
    "name": "FreightWaves",
    "slug": "freightwaves",
    "url": "https://www.freightwaves.com/news/old-dominions-august-some-good-some-ok"
  },
  "original_language": "en",
  "account": "Old Dominion Freight Line, a less-than-truckload carrier based in Thomasville, North Carolina, reported mixed results for August. On the positive side, the company's daily revenue grew by 12.4% year-over-year, an improvement from the 8.2% y/y growth in July. Additionally, Old Dominion's yield growth accelerated compared to July, both with and without fuel surcharges. With fuel surcharges, yield growth was 13% higher year-over-year, while excluding fuel, it was 5.5% higher. However, tonnage decreased slightly by 0.9% year-over-year, in line with July's 1% y/y decline. The carrier faced a 54.6 Manufacturing PMI in August, slightly lower than expected, which indicated a mixed evaluation of the industrial economy. Despite these challenges, Old Dominion's Q3 guidance remains supportive, with revenue expected to increase by 10% year-over-year, reaching $1.55 billion. The company's president and CEO, Marty Freeman, expressed confidence in the company's ability to win profitable market share and increase shareholder value over the long term.",
  "summary": "Old Dominion Freight Line’s August update showed an acceleration in yield growth, with volumes closing in on positive territory. The post Old Dominion’s August: Some good, some OK appeared first on FreightWaves .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}