Old Dominion Freight Line, Inc. (ODFL) updated its forecast for growth in first-quarter 2013 total tons and revenue per hundredweight, excluding fuel surcharge, in preparation for its attendance at the Morgan Stanley Chicago Freight Transport & Airlines Summit on Tuesday, March 26, 2013. The company has raised its expectations for growth in total tons for the first quarter to a range of 4.5% - 5.0%, from its earlier 4.0% - 4.5% range.
Further, the company confirmed its prior expectations for an increase in first-quarter 2013 revenue per hundredweight, excluding fuel surcharge, in a range of 2.5% - 3.0%. Based on the projected increase in total tons and pricing, Old Dominion also sees improvement in its operating ratio for the first quarter of 2013 compared with last year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.