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@ Yahoo! Finance - by layer3.news
2025-03-06 05:03:34
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✍️ Old Dominion Freight Line and Saia, two less-than-truckload carriers, reported their first-quarter updates, showing no material change in their strategies. Old Dominion's volumes declined, while Saia's tonnage increased.
👉 Old Dominion Freight Line reported a 7.1% year-over-year decline in February tonnage
👉 Saia reported a 12.2% year-over-year increase in February tonnage
👉 Old Dominion Freight Line's revenue per day was down 5% year over year in February
👉 Saia's tonnage increased 4.2% year over year in February
👉 Old Dominion Freight Line has maintained market share throughout the downturn
👉 Saia has been aggressively expanding its network and has opened 21 new terminals and relocated nine more in recent years
#MartyFreeman #ChrisJamroz #Thomasville,NorthCarolina #JohnsCreek,Georgia #business
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