Company Reports

Saia ranks among the 10 largest less-than-truckload carriers by revenue and is a top-tier operator in terms of profitability and network service quality. Pure-play public competitors of similar quality include XPO, FedEx Freight, and best-in-class Old Dominion. Saia was historically a superregional carrier, serving 34 states across the South, Southwest, Midwest, Pacific Northwest, and West. In 2017, it launched an organic expansion strategy into the Northeast while boosting door capacity and service capabilities in existing regions that have good long-term growth prospects, such as Dallas and Atlanta. On top of that, Saia purchased several former Yellow-owned terminals at auction in 2024.

Revenue growth accelerated in Saia's second quarter, up 17% year over year, driven in large part by surging fuel surcharges and the return of volume growth. Profitability improvement returned as well, thanks to positive operating leverage.

Saia ranks among the 10 largest less-than-truckload carriers by revenue and is a top-tier operator in terms of profitability and network service quality. Pure-play public competitors of similar quality include XPO and best-in-class Old Dominion. Saia was historically a superregional carrier, serving 34 states across the South, Southwest, Midwest, Pacific Northwest, and West. In 2017, it launched an organic expansion strategy into the Northeast while boosting door capacity and service capabilities in existing regions that have good long-term growth prospects. such as Dallas and Atlanta. On top of that, Saia purchased several former Yellow-owned terminals at auction in 2024.

Saia ranks among the 10 largest less-than-truckload carriers by revenue and is a top-tier operator in terms of profitability and network service quality. Pure-play public competitors of similar quality include XPO and best-in-class Old Dominion. Saia was historically a superregional carrier, serving 34 states across the South, Southwest, Midwest, Pacific Northwest, and West. In 2017, it launched an organic expansion strategy into the Northeast while boosting door capacity and service capabilities in existing regions that have good long-term growth prospects. such as Dallas and Atlanta. On top of that, Saia purchased several former Yellow-owned terminals at auction in 2024.

Industrial-sector freight demand has yet to inflect, but Saia's first-quarter top line grew 2.5% year over year on higher yields (revenue per hundredweight), including rising fuel surcharges. Profitability deteriorated due to soft demand coupled with heavy network investment over the past year.

Saia ranks among the 10 largest less-than-truckload, or LTL, carriers by revenue and is a top-tier operator in terms of profitability and network service quality. Pure-play public competitors of similar quality include XPO and best-in-class Old Dominion. Saia was historically a super-regional carrier, serving 34 states across the South, Southwest, Midwest, Pacific Northwest, and West. In 2017, it launched an organic expansion strategy into the Northeast while boosting door capacity and service capabilities in existing regions that have good long-term growth prospects such as Dallas and Atlanta. On top of that, Saia purchased several former Yellow-owned terminals at auction in 2024.

Less-than-truckload specialist Saia's fourth-quarter top line was roughly flat year over year as lower tonnage (persistently soft freight backdrop) offset higher total yield. Profitability deteriorated due to the soft demand backdrop coupled with heavy network investment over the past year.

Saia ranks among the 10 largest less-than-truckload, or LTL, carriers by revenue and is a top-tier operator in terms of profitability and network service quality. Pure-play public competitors of similar quality include XPO and best-in-class Old Dominion. Saia was historically a super-regional carrier, serving 34 states across the South, Southwest, Midwest, Pacific Northwest, and West. In 2017, it launched an organic expansion strategy into the Northeast while boosting door capacity and service capabilities in existing regions that have good long-term growth prospects such as Dallas and Atlanta. On top of that, Saia purchased several former Yellow-owned terminals at auction in 2024.

Saia ranks among the 10 largest less-than-truckload, or LTL, carriers by revenue and is a top-tier operator in terms of profitability and network service quality. Pure-play public competitors of similar quality include XPO and best-in-class Old Dominion. Saia was historically a super-regional carrier, serving 34 states across the South, Southwest, Midwest, Pacific Northwest, and West. In 2017, it launched an organic expansion strategy into the Northeast while boosting door capacity and service capabilities in existing regions that have good long-term growth prospects such as Dallas and Atlanta. On top of that, Saia purchased several former Yellow-owned terminals at auction in 2024.

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.

Saia ranks among the 10 largest less-than-truckload, or LTL, carriers by revenue and is a top-tier operator in terms of profitability and network service quality. Pure-play public competitors of similar quality include XPO and best-in-class Old Dominion. Saia was historically a super-regional carrier, serving 34 states across the South, Southwest, Midwest, Pacific Northwest, and West. In 2017, it launched an organic expansion strategy into the Northeast while boosting door capacity and service capabilities in existing regions that have solid long-term growth prospects such as Dallas and Atlanta. Saia also purchased several former Yellow-owned terminals at auction in 2024.

Less-than-truckload specialist Saia's second-quarter top line fell 1% year over year on shipment mix shifts and lower fuel surcharges amid muted volumes. Profitability worsened year over year, which we expected, but showed solid progress on a sequential basis.

Saia ranks among the 10 largest less-than-truckload, or LTL, carriers by revenue and is a top-tier operator in terms of profitability and network service quality. Pure-play public competitors of similar quality include XPO and best-in-class Old Dominion. Saia was historically a superregional carrier, serving 34 states across the South, Southwest, Midwest, Pacific Northwest, and West. In 2017, it launched an organic expansion strategy into the Northeast while boosting door capacity and service capabilities in existing regions that have solid long-term growth prospects such as Dallas and Atlanta. Saia also purchased several former Yellow-owned terminals at auction in 2024.

Saia ranks among the 10 largest less-than-truckload, or LTL, carriers by revenue and is a top-tier operator in terms of profitability and network service quality. Pure-play public competitors of similar quality include XPO and best-in-class Old Dominion. Saia was historically a superregional carrier, serving 34 states across the South, Southwest, Midwest, Pacific Northwest, and West. In 2017, it launched an organic expansion strategy into the Northeast while boosting door capacity and service capabilities in existing regions that have solid long-term growth prospects such as Dallas and Atlanta. Saia also purchased several former Yellow-owned terminals at auction in early 2024.

Less-than-truckload specialist Saia's first-quarter top line rose 4% year over year on facility openings in new markets over the past year, which drove up tonnage. That said, profitability deteriorated meaningfully because of heavy investment levels and sluggish volumes at legacy facilities.

Saia ranks among the 10 largest less-than-truckload, or LTL, carriers by revenue and is a top-tier operator in terms of profitability and network service quality. Pure-play public competitors of similar quality include XPO and best-in-class Old Dominion. Saia was historically a superregional carrier, serving 34 states across the South, Southwest, Midwest, Pacific Northwest, and West. In 2017, it launched an organic expansion strategy into the Northeast while boosting door capacity and service capabilities in existing regions that have solid long-term growth prospects such as Dallas and Atlanta. Saia also purchased several former Yellow-owned terminals at auction in early 2024.

Saia ranks among the 10 largest less-than-truckload, or LTL, carriers by revenue and is a top-tier operator in terms of profitability and network service quality. Pure-play public competitors of similar quality include XPO and best-in-class Old Dominion. Saia was historically a superregional carrier, serving 34 states across the South, Southwest, Midwest, Pacific Northwest, and West. In 2017, it launched an organic expansion strategy into the Northeast while more boosting door capacity and service capabilities in existing regions with solid long-term growth prospects such as Dallas and Atlanta. Saia also purchased several former Yellow-owned terminals at auction in early 2024.

Less-than-truckload specialist Saia's fourth-quarter top line was up 5% year over year on favorable mix changes and facility openings in new markets, which drove tonnage up. Profitability deteriorated relative to the same period last year, largely because of elevated network investment.

Less-than-truckload specialist Saia's third-quarter top line grew 9% on facility openings in new markets and share gains from bankrupt peer Yellow over the past year. Revenue met our expected run rate, as all-in yield (revenue per hundredweight, including fuel) came in slightly shy on lower fuel surcharges, but tonnage outperformed.

Saia ranks among the 10 largest less-than-truckload, or LTL, carriers by revenue and is a top-tier operator in terms of profitability and network service quality. Pure-play public competitors of similar quality include XPO and best-in-class Old Dominion. Saia was historically a superregional carrier, serving 34 states across the South, Southwest, Midwest, Pacific Northwest, and West. In 2017, it launched an organic expansion strategy into the Northeast while more boosting door capacity and service capabilities in existing regions with solid long-term growth prospects such as Dallas and Atlanta. Saia also purchased several former Yellow-owned terminals at auction in early 2024.