CFO Adam Satterfield said stronger truckload rates lifted LTL weight per shipment, signaling the freight market recovery remains in its early stages. ODFL raised 2026 capital spending by $115 million to $380 million for equipment, real estate and service center expansion. The ongoing freight market rebound has a lot of road left on its journey following the longest downturn in industry memory, according to a top executive at Old Dominion Freight Line. The freight market boomed in 2018, with capacity constraints also a factor then. Old Dominion Freight Line Q2 2026 ReportThomasville, N.C.-based ODFL typically posts the best operating ratio of any of the publicly listed LTL carriers.