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flag Old Dominion Freight Line shares fell 7.8% on March 6, 2026, after reporting weaker-than-expected freight volumes despite higher pricing.

flag Old Dominion Freight Line shares dropped 7.8% on Friday, March 6, 2026, amid a broader freight sector downturn, as the company reported a 4.8% year-over-year decline in daily LTL tons for February, continuing a multi-year demand slump. flag Despite a 3.5% rise in revenue per hundredweight, volume weakness—driven by a 6.8% drop in tons and 7% decline in shipments—led to a 3.3% year-over-year revenue per day drop. flag The stock's decline followed a 7.6% sell-off triggered by the update, reflecting investor concern over weak freight demand despite improved pricing. flag Broader market caution was fueled by geopolitical tensions and energy uncertainty. flag The company posted Q4 earnings slightly above estimates, raised its dividend, and saw insider selling, while institutional ownership remained strong.

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