Old Dominion Freight Line Inc. has reported its financial results for the second quarter of 2025. The company saw a decrease in total revenue, reporting $1.41 billion, down 6.1% compared to $1.50 billion in the same period of 2024. LTL services revenue also fell by 6.1%, amounting to $1.40 billion from $1.48 billion the previous year. Earnings per diluted share decreased by 14.2% to $1.27, compared to $1.48 in the second quarter of 2024. The operating ratio increased by 270 basis points to 74.6%, influenced by a decrease in revenue and increased overhead and direct operating costs. Marty Freeman, President and CEO, highlighted the consistent market share and commitment to superior service despite economic challenges. The company remains focused on enhancing its value proposition and is poised to capitalize on future demand improvements.
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