ISM PMI

Less-than-truckload carrier Old Dominion reported Tuesday that February results were impacted as inclement weather took hold on parts of its network during the month. However, the carrier noted that the deceleration from January’s robust growth rate lasted for only one week.

Supply chain “caught off guard,” says one commenter on the report

Tonnage headwinds and better yields are the story so far in 2020. Old Dominion Freight Line reports modest revenue decline.

Less-than-truckload volumes to continue to be pressured by weak September ISM report

A great deal of focus has been placed on the seasonal weakness in TL volumes, but LTL volume weakness is equaling concerning.