Saia

Saia, Inc. operates as a transportation holding company. The firm through its wholly-owned subsidiaries provides regional and interregional less-than-truckload (LTL) services through a single integrated organization. The firm also offers other value-added services, including non-asset truckload, expedited and logistics services across North America. The company was founded by Louis Saia, Sr. in 1924 and is headquartered in Johns Creek, GA.

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Saia (SAIA) achieves record earnings in 2022, eyes growth opportunities

Saia's Q4 2022 performance reflects record revenue and earnings, driven by pricing power and cost management.
While facing challenges like shipment volume declines, the company remains optimistic about growth opportunities.
By focusing on service quality, cost control, and pricing strategies, Saia aims to sustain profitability and attract loyal customers.

Saia maintains revenue stability amidst shipment declines and operational focus

Saia Inc. maintained revenue stability through a strategic focus on revenue per shipment despite shipment volume declines. The company's emphasis on cost management, service quality, and operational efficiency positions it well to navigate market challenges and capitalize on growth opportunities. Saia aims for a 100 basis points improvement in operating ratio from Q1 to Q2 through volume growth and cost management strategies.

Saia navigates challenges, eyes growth amidst market dynamics in Q2

Saia's Q2 performance showcased resilience with positive volume and revenue trends despite revenue decline and operational challenges.
The company's strengths in customer focus, pricing optimization, and strategic asset ownership position it for growth amidst economic uncertainty.
Challenges like operating ratio deterioration and pricing pressure require Saia to focus on operational efficiency and strategic pricing decisions.
Opportunities in market conditions, accelerated growth, and capacity creation through data analytics offer avenues for Saia's continued success and expansion.

Saia achieves record revenue in Q3, eyes growth opportunities

Saia's Q3 2023 performance reflects strong revenue growth and operational resilience despite cost pressures. The company's strategic focus on service quality, pricing strategies, and capacity optimization positions it for sustainable growth and margin improvements.

Saia posts record earnings, plans strategic expansion for growth

Saia's Q4 2023 showcased robust financial performance and strategic growth initiatives.
While facing challenges in managing excess capacity and operational uncertainties, Saia is poised for efficiency gains.
The company's focus on network expansion, customer experience, and margin control presents promising opportunities for future growth.

Saia reports robust Q1 growth amidst strategic expansion plans

Saia's Q1 performance reflects strong revenue growth and operational improvements despite challenges.
The company's strategic focus on service excellence, pricing discussions, and expansion plans positions it for sustainable growth.
High employee engagement, stable claims ratio, and customer-first initiatives are key strengths driving Saia's success.
While facing challenges like volume expectations and macro uncertainties, Saia is leveraging opportunities in expansion and service enhancement.

Saia reports record Q2 revenue, faces mix impact challenges

Saia's Q2 2024 showed strong revenue growth and operational improvements.
While facing challenges with new facilities, the company remains optimistic.
Maintaining customer service focus and pricing discipline are key priorities.
Saia is committed to long-term value creation and growth strategies.

Saia reports record Q3 revenue growth, eyes margin improvement in 2025

Saia's Q3 performance reflected growth in revenue and shipments, though challenges like operating ratio deterioration and pricing concerns persist. The company's strengths in customer service, pricing initiatives, and network expansion position it well for long-term success. Opportunities for margin improvement, strategic growth, and investor returns underscore a positive outlook for Saia.

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Less-than-truckload carrier Saia said Thursday the volume declines in the fourth quarter extended through the first two months of 2023. Shipment and tonnage declines were in lockstep, down 4% year over year (y/y) in January and 8% lower in February as changes to weight per shipment were muted in both months.

Saia's tonnage declines carry into Q1

Less-than-truckload carrier Saia said Monday it added 78 lanes to its next-day service offering. The new lanes were added primarily in the Northeast, mid-Atlantic and Ohio, shaving one day off previous delivery times.

Saia adds next-day lanes in Northeast, mid-Atlantic

JOHNS CREEK, Ga., Feb. 27, 2023 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced today that Saia LTL Freight now provides next-day service in 435 lanes across its Northeast and Mid-Atlantic markets. Saia added an additional 78 lanes to its next-day service effective today. The service enhancement includes points in, but not limited to, Albany, New York; Newark, New Jersey; Springfield and Boston, Massachusetts; New Haven, Connecticut; Youngstown, Ohio; Allentown, Harrisburg, Pittsburgh and Philadelphia, Pennsylvania; Providence, Rhode Island; and Norfolk and Richmond, Virginia; as well as Wilmington, Delaware.

Saia Reduces Transit Times Across Northeast and Mid-Atlantic Markets

JOHNS CREEK, Ga., Feb. 13, 2023 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced today that Saia LTL Freight has opened new terminals in both Morgantown and Princeton, West Virginia. With the addition of these two locations, the company now operates three facilities within the state as it continues to focus on building density in its network to provide customers with more direct shipping points.

Saia LTL Freight Expands its Operations in West Virginia

JOHNS CREEK, Ga., Feb. 06, 2023 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced today that Saia LTL Freight has opened a new terminal in the city of Edwardsville, Kansas. With nearly 140 doors, this will be the second facility for the carrier in the Kansas City metropolitan area.

Saia Opens Second Terminal Near Kansas City

JOHNS CREEK, Ga., Feb. 06, 2023 (GLOBE NEWSWIRE) -- Saia, Inc. (NASDAQ: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today announced that it has closed on a new unsecured revolving credit facility with committed borrowing capacity of $300 million and an incremental $150 million accordion feature.  This credit facility replaces the Company's existing secured $300 million revolving credit facility, which was scheduled to mature in February 2024.

Saia Inc. Announces New Revolving Credit Facility

Saia, Inc. (NASDAQ:SAIA ) Q4 2022 Earnings Conference Call February 3, 2023 11:00 AM ET Company Participants Doug Col - Executive President and Chief Financial Officer Fritz Holzgrefe - President and Chief Executive Officer Conference Call Participants Todd Fowler - KeyBanc Capital Markets Scott Group - Wolfe Research Chris Wetherbee - Citigroup Jon Chappell - Evercore ISI Amit Mehrotra - Deutsche Bank Jack Atkins - Stephens Jordan Alliger - Goldman Sachs Tom Wadewitz - UBS Ken Hoexter - Bank of America Ravi Shanker - Morgan Stanley Allison Poliniak - Wells Fargo Andrew Cox - Stifel Operator Good morning. My name is Devin, and I will be your conference operator today.

Saia, Inc. (SAIA) Q4 2022 Earnings Call Transcript

Saia (SAIA) delivered earnings and revenue surprises of -5.36% and 0.08%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Saia (SAIA) Misses Q4 Earnings and Revenue Estimates

Less-than-truckload carrier Saia implemented a 6.5% general rate increase (GRI) for shipments subject to general rules tariffs. The company also raised select accessorial and minimum charges.

Saia's 6.5% GRI outpaces LTL peers

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Union Pacific

There is more to the comparison, and in the sections below, we discuss why we believe SAIA stock will offer better returns than Union Pacific stock in the next three years.

This LTL Company Is A Better Pick Over Union Pacific Stock

JOHNS CREEK, Ga., Jan. 09, 2023 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced that it will release its quarterly financial results before the market opens on Friday, February 3rd. Saia management will host a conference call to discuss the results later that morning at 11:00 a.m. Eastern Time.

Saia to Announce Fourth Quarter 2022 Results on February 3, 2023

The company's revenue and margin in the near term should be impacted due to the decline in volume growth and inflationary cost pressure. The strategic initiative of opening new terminals should help improve the company's service quality level, benefiting long-term growth.

Saia Should Emerge Stronger On The Other Side Of The Cycle

JOHNS CREEK, Ga., Nov. 22, 2022 (GLOBE NEWSWIRE) -- Saia, Inc. (NASDAQ: SAIA) is pleased to announce the names of 20 students who were awarded scholarships totaling $75,000 as part of the company's annual scholarship program. Since its inception, the program has awarded $502,000 to 273 students, including this year's recipients.

Twenty Students Awarded Saia Scholarships

Value investors are preparing for the next bull market with Saia, Inc. in their stock list. Saia operates an efficient less-than-truckload mode of transport and wants to expand its business.

Saia Is Poised For A Strong Comeback

Saia, Inc. (NASDAQ:SAIA ) Q3 2022 Earnings Call Transcript Q3 2022 Earnings Conference Call November 1, 2022 8:00 AM ET Company Participants Doug Col - Executive Vice President & Chief Financial Officer Fritz Holzgrefe - President & Chief Executive Officer Conference Call Participants Jon Chappell - Evercore ISI Jack Atkins - Stephens Ken Hoexter - Bank of America Jason Seidl - Cowen Scott Group - Wolfe Research Chris Wetherbee - Citi Amit Mehrotra - Deutsche Bank Todd Fowler - KeyBanc Capital Markets James Monigan - Wells Fargo Ravi Shanker - Morgan Stanley Tom Wadewitz - UBS Jordan Alliger - Goldman Sachs Bascome Majors - Susquehana Chris Kuhn - Benchmark Ariel Rosa - Credit Suisse Bruce Chan - Stifel Operator Good morning. My name is Sasha, and I will be your conference operator today.

Saia, Inc. (SAIA) Q3 2022 Earnings Call Transcript

JOHNS CREEK, Ga., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced that, due to a technical issue with the GlobalMeet (PGi) conference call platform, it will host a conference call to discuss the results on the morning of November 1, 2022 at 8:00 AM Eastern. We apologize for any inconvenience and sincerely appreciate your patience on this matter.

Saia Third Quarter 2022 Call Rescheduled to November 1, 2022

Saia stock looks ready to begin moving higher and it may not that the Q3 2022 results are in. The company is growing revenue and earnings without debt.

Saia Stock Is Ready To Switch Gears And Move Higher

Saia (SAIA) delivered earnings and revenue surprises of -0.27% and 1.50%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Saia (SAIA) Q3 Earnings Miss Estimates

JOHNS CREEK, Ga., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported third quarter 2022 financial results. Diluted earnings per share in the quarter were $3.67 compared to $2.98 in the third quarter of 2021. Third quarter 2021 adjusted diluted earnings per share 1 were $2.86.

Saia Reports Record Third Quarter Results

JOHNS CREEK, Ga., Oct. 24, 2022 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced today the opening of its new Saia LTL Freight terminal in Lafayette, Indiana. The facility is the fifth location for the carrier in the state, and the first terminal Saia has opened in Indiana since 2019 when it built one of its flagship facilities in Indianapolis.

Saia LTL Freight Opens New Indiana Terminal

When earnings go up, the stock price goes down. That's the 2022 story in a nutshell for Saia Inc. ( SAIA , Financial), a less-than-truckload transportation company.

Saia: Top-Ranked Fundamentals and a Margin of Safety

JOHNS CREEK, Ga., Oct. 10, 2022 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced that it will release its quarterly financial results before the market opens on Monday, October 31st. Saia management will host a conference call to discuss the results later that morning at 10:00 a.m. Eastern Time.

Saia to Announce Third Quarter 2022 Results on October 31, 2022

Three facilities are slated to begin phased operations Three facilities are slated to begin phased operations

Saia LTL Freight Opens New Kansas Terminals

SAIA vs. ODFL: Which Stock Is the Better Value Option?

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