|
Old Dominion Freight Line Reports Third Quarter 2025 Earnings Per Diluted Share of $1.28
Old Dominion Freight Line Press Release October 29, 2025
Marty Freeman, President and Chief Executive Officer of Old Dominion, commented, “Old Dominion’s third quarter financial results include decreases in both revenue and earnings per diluted share. The decrease in our third quarter revenue was primarily due to a 9.0% decrease in our LTL tons per day, which was partially offset by an increase in our LTL revenue per hundredweight. The decrease in our LTL tons per day reflects a 7.9% decrease in our LTL shipments per day and a 1.2% decrease in our LTL weight per shipment that is generally indicative of softness in the macroeconomic environment.
UPS reports Q3 revenue decline, amid strong pricing and lower volumes
Logistics Management Jeff Berman October 28, 2025
U.S. Domestic Package Revenue, at $14.2 billion, was off 2.6% annually, due to an expected volume decline that UPS said was partially offset by increases in air cargo and revenue per piece, with the latter up 9.8%, at $13.47, and total average U.S. daily package volume off 12.3% annually, to 16.1 million.
Link: UPS 3Q25 Investor Presentation
UPS Cuts 48,000 Jobs in Management and Operations
The Wall Street Journal Esther Fung and Connor Hart October 29, 2025 $Subscription Based
United Parcel Service has cut 48,000 management and operations positions, the company disclosed Tuesday when it reported earnings.
Of those roles, 14,000 were management positions and 34,000 were jobs in operations. The reductions came through layoffs and buyouts, the company said.
Related: Transport Topics/Bloomberg News UPS Stuns Wall Street With Strong Profit and 34,000 Job Cuts
Why UPS Is Increasingly Turning to Gig Drivers for Deliveries
The Wall Street Journal Esther Fung October 29, 2025 $Subscription Based
Instead of the iconic brown trucks, UPS has been funneling smaller, lower-value parcels to gig drivers who use their personal vehicles to make deliveries.
UPS volumes grow overseas in Q3 as China-to-US shipments drop 27%
Journal of Commerce William B. Cassidy October 28, 2025 $Subscription Based
International package volume is growing at UPS, but not in lanes touching the US, the global logistics company said in its third-quarter earnings call Tuesday.
ATA economist: Trucking must cut capacity to survive tariff-fueled downturn
Fleet Owner Jade Brasher October 28, 2025
“These continue to be unprecedented times,” Costello said to a crowd of truckers, fleet owners, and industry leaders here at the organization’s annual Management Conference & Exhibition. “We saw the green shoots (at the beginning of the year), and they are gone.”
|
