ODFL

Top trucking industry executives are hoping 2026 will—finally—be the year when pent-up demand translates into higher freight rates and a return to profitability in both the truckload and less-than-truckload (LTL) sectors.

ODFL reported that November revenue per day fell 4.4% annually, related to a 10.0% decrease in LTL tons per day, which it said was partially offset by an increase in LTL revenue per hundredweight.

Given the myriad of challenges facing the LTL market, it is likely that current market conditions are likely to remain intact, barring a true indication of a demand catalyst.

ODFL reported that revenue per day was down 4.8% annually in August, driven by LTL tonnage per day falling 9.2%.

Fewer trucks chasing even less freight. That’s the mid-year summary of the $994 billion domestic trucking market.

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ODFL reported that revenue per day was down 5.8% annually in May, driven by an 8.4% decline in revenue tons per day which was partially offset by an increase in LTL revenue per hundredweight.

ODFL reported that revenue-per-day fell 5.0% annually, due to a 7.1% decrease in daily LTL tonnage, that was partially offset by an increase in LTL revenue per hundredweight. And it added that the decrease in daily LTL tonnage was due to a 5.9% decline in LTL shipments per day, as well as a 1.3% decrease in LTL weight per shipment.

ODFL reported that revenue-per-day fell 8.2 % annually, paced by an 8.0% decrease in daily LTL tonnage, as well as slight decrease in LTL revenue per hundredweight. And it added that the change in daily LTL tonnage was due to a 6.8% decline in LTL shipments per day, as well as a 1.2% decrease in LTL weight per shipment.

In a wide-ranging presentation at the SMC3 Connections conference, which was recently held in Colorado Springs, Co., Satish Jindel, principal of Pittsburgh-based SJ Consulting Group, took a deep dive into the current state of the less-than-truckload (LTL) market. Jindel addressed various aspects of the LTL market, including the impact of Yellow’s exit roughly a year ago, industry supply and demand, and opportunities for shippers, carriers, other stakeholders to work together, and changes in the parcel sector posing a threat...

ODFL reported that revenue-per-day headed up 5.6% annually, paced by a 1.5% gain in daily LTL tonnage, as well as an increase in LTL revenue per hundredweight. And it added that the change in daily LTL tonnage was due to a 2.3% gain in LTL shipments per day, which was partially offset by a 0.7% decrease in LTL weight per shipment.

ODFL reported that revenue per day rose 1.2% annually, driven by an increased in LTL revenue per hundredweight, which was slightly offset by a 3.0% decrease in LTL tons per day. The company added that the change in daily LTL tons was attributed to a 3.2% decrease in LTL weight per shipment that was partially offset by a 0.2% increase in LTL shipments per day.

ODFL reported that revenue per day fell 0.9% compared to November 2022, which it said was mainly driven by a 2.3% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. And it added that the change in LTL tons per day was attributed to a 2.9% decrease in LTL weight per shipment that was partially offset by a 0.6% increase in daily LTL shipments.

About a dozen trucking companies bought properties at a court-supervised auction that resold about three-fourths of Yellow’s properties for a total of just under $1.9 billion.

ODFL reported that revenue per day was down 1.4% annually in August, driven by a 6.0% decrease in LTL tons per day, which was partially offset by an increase in LTL revenue per hundredweight. And it added that the decrease in daily LTL tonnage was related to a 1.2% decrease in LTL shipments per day and also a 4.8% decrease in LTL weight per shipment.