Saia Inc

SAIA: XNAS (USA)
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Saia Earnings: Less-Than-Truckload Demand Weak but Stable; Network Optimization Bearing Fruit

Less-than-truckload specialist Saia's third-quarter top line was roughly flat year over year as lower tonnage (persistently soft freight backdrop and tough comps) offset higher total yield. Adjusted profitability deteriorated but once again showed solid progress on a sequential basis.

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