Welcome to our dedicated page for Saia news (Ticker: SAIA), a resource for investors and traders seeking the latest updates and insights on Saia stock.
Saia, Inc. reports developments for a transportation provider focused on national less-than-truckload freight, non-asset or brokered truckload, expedited transportation and logistics services. Company updates regularly cover quarterly revenue and earnings, operating ratio, LTL shipment and tonnage trends, weight per shipment, revenue per hundredweight, fuel-surcharge comparisons and contractual renewal pricing.
News also follows expansion of the Saia LTL Freight terminal network, including new facilities that add regional capacity and improve market coverage. Other recurring updates address service reliability, claims performance, network investment and customer-facing transportation offerings.
Saia, Inc. (NASDAQ: SAIA), a leading transportation provider, will announce its quarterly financial results on May 2, 2022, before the market opens. A conference call to discuss the results will occur at 10:00 a.m. Eastern Time on the same day. Participants can access the call by dialing 888-220-8474 or 323-794-2588 with conference ID #7209387. The call will also be accessible via live webcast on the company's website. Saia operates 177 terminals across 45 states, providing a range of less-than-truckload and logistics services.
Summary not available.
Saia, Inc. (NASDAQ: SAIA) reported positive growth in LTL shipment metrics for January and February 2022. In January, LTL shipments per workday rose by 1.3%, and LTL tonnage increased by 7.6%. February saw an even larger increase, with shipments up 15.8% and tonnage up 19.1%. The average weight per shipment also grew to 1,406 pounds in February from 1,367 pounds a year ago. The company cautioned that actual results could differ due to various risk factors listed in their filings.
Saia, Inc. (NASDAQ: SAIA) has appointed Anthony Norwood as Executive Vice President and Chief Human Resources Officer effective March 2, 2022. Norwood previously held a senior HR role at Trane Technologies and has extensive experience at Coca-Cola and Merck. His role will focus on developing Saia's human capital strategy, which is deemed crucial for the company's future growth. Saia, recognized for its safety record and environmental initiatives, operates 176 terminals and employs 12,000 people nationwide.
Saia, Inc. (Nasdaq: SAIA) reported robust financial results for Q4 2021 and the full year. Q4 revenue rose to $617.1 million, a 29.5% increase, with diluted earnings per share at $2.76, up from $1.51 in Q4 2020. For 2021, total revenue reached $2.3 billion, marking a 25.6% increase, while diluted EPS jumped to $9.48 from $5.20 in 2020. Operating income increased by 92.3% in Q4 and 85.9% for the year. The company opened 7 new terminals in 2021, with plans for 10-15 new terminals in 2022.
Saia, Inc. (NASDAQ: SAIA) will release its quarterly financial results on February 2, 2022, prior to market opening. Following this, management will host a conference call at 11:00 a.m. Eastern Time to discuss the results. Interested participants can join by dialing 888-394-8218 or 313-209-6544 with the conference ID #8752077, and the call will also be available via live webcast on the company's website. A replay will be accessible two hours post-call until March 2, 2022.
Saia Inc. (NASDAQ: SAIA) has partnered with Daimler Trucks North America to test the battery electric Freightliner eM2 box truck in Portland, Oregon. This initiative aims to evaluate the truck's performance within a commercial fleet setting, contributing to Saia's sustainability goals. Saia's Vice President highlighted positive feedback from drivers enjoying the electric truck experience. The test is part of a broader project involving over 50 customers and one million miles of operational data, while Electric Island offers a unique charging solution for electric commercial vehicles.
Saia Inc. (NASDAQ: SAIA) has opened a new terminal in Calhoun, Georgia, enhancing its capacity and improving service proximity to customers near Atlanta, a significant freight hub. This facility is strategically located near Interstate 75, facilitating access to markets. The company's expansion includes enhancing workforce recruitment to support terminal openings, with current hiring needs for drivers and dockworkers. Saia operates 176 terminals nationwide and emphasizes investment in infrastructure and talent as key to its growth.
Saia, Inc. (NASDAQ: SAIA) reported mixed performance in LTL shipment data for October and November 2021. In October, LTL shipments per workday rose by 1.3%, while tonnage increased 9.7% and weight per shipment jumped 8.3%. November saw further gains with shipments up 3.7%, tonnage up 9.3%, and weight per shipment rising 5.4%. The company cautions that actual fourth-quarter results may fluctuate due to various risks outlined in their SEC filings.
Saia Inc. (NASDAQ: SAIA) has announced the opening of its new terminal in Virginia, bringing the total number of terminals in the state to five. The facility aims to enhance service by providing more direct shipping options for customers in the region. This year, Saia has also launched terminals in Connecticut, Delaware, Maryland, and Ohio, expanding its presence across the Northeast and Mid-Atlantic regions. Looking ahead, the company plans to open 10 to 15 new terminals in 2022 and is actively hiring for various positions at the Staunton terminal.