Old Dominion lifts rates and Old Dominion stock sits 28.39 percent below its high

Published on 10/05/2026 at 11:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ODFL tariffs carry a 4.9 percent increase effective October 5, 2026. Old Dominion stock costs EUR 159.72 on October 5, 2026 after EUR 160.38.

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Old Dominion Freight Line stock (ISIN US6795801009) sat 28.39 percent below its USD 252.03 52-week high as of October 2, 2026. On September 21, 2026, Business Wire reported that Old Dominion announced a 4.9 percent general rate increase effective October 5, 2026. The euro quote was EUR 159.72 at Lang & Schwarz on October 5, 2026 at 11:08 a.m. CEST, versus a prior close of EUR 160.38.

Pricing meets softer freight volumes

The rate increase applies to tariffs ODFL 559, 670, and 550 across intrastate, interstate, and cross-border lanes. Old Dominion said the move is designed to offset costs tied to real estate, equipment, technology, wages, and benefits, making pricing power the immediate investor question.

That pricing signal arrives alongside mixed operating data. For August 2026, revenue per day increased 12.40 percent from August 2025, while LTL tons per day declined 0.90 percent, according to StockTitan. Quarter-to-date LTL revenue per hundredweight rose 11.30 percent, or 4.80 percent excluding fuel surcharges, showing that yield growth is currently outpacing volume pressure.

Second-quarter margins provide support

Old Dominion reported USD 1.554 billion of total revenue for the second quarter of 2026, up 10.40 percent from the second quarter of 2025. In the same period, operating income increased 30.00 percent to USD 465.3 million and net income reached USD 350.6 million, according to Business Wire.

Diluted earnings per share reached USD 1.68 in the second quarter of 2026, compared with USD 1.27 in the second quarter of 2025. The combination of 10.40 percent revenue growth and 30.00 percent operating-income growth points to meaningful operating leverage, although the August volume decline keeps demand in view.

October results date sets the next test

Old Dominion plans to release third-quarter 2026 results before trading opens on October 28, 2026, with its conference call scheduled for 10:00 a.m. ET, Business Wire reported. That report will show whether the 4.9 percent rate action is translating into revenue growth while shipment volumes remain under pressure.

Stock remains below its yearly high

Old Dominion stock was priced at EUR 159.72 at Lang & Schwarz on October 5, 2026 at 11:08 a.m. CEST, down 0.41 percent versus the EUR 160.38 prior close. On the Nasdaq, the finance quote was USD 180.48 on October 2, 2026, against a 52-week range of USD 126.01 to USD 252.03 and market capitalization of USD 37.5 billion.

The further course of trading is shown by the continuously updated real-time quote of Old Dominion stock.