Saia Inc Stock Price, News & Analysis

Saia LTL Freight has been awarded the 2024 SmartWay Excellence Award by the Environmental Protection Agency (EPA), recognizing its leadership in environmental performance and efficiency in the freight sector. Saia was the sole recipient in the less-than-truckload (LTL) category, highlighting its commitment to reducing greenhouse gas emissions and improving fuel efficiency.

The award represents the EPA's highest recognition for environmental performance in the freight industry. Saia's President and CEO, Fritz Holzgrefe, emphasized the company's dedication to sustainable business practices aligning with their core values of 'Do the Right Thing' and 'Community'.

The SmartWay program, established to help freight businesses track and reduce their carbon footprint, recognized 47 companies this year, representing the top one to two percent of all SmartWay partners. Saia's commitment to optimizing freight operations has set a benchmark for efficiency in the LTL sector.

Saia, Inc. (Nasdaq: SAIA), a leading transportation provider, has announced it will release its third quarter 2024 financial results before the market opens on Friday, October 25th. The company will host a conference call at 10:00 a.m. Eastern Time to discuss the results. Investors can participate by dialing 1-800-715-9871 or 1-646-307-1963 with conference ID #7664986. The call will also be webcast live on Saia's investor relations website.

A replay of the call will be available until November 24, 2024 at 11:59 P.M. Eastern Time. Saia offers a range of less-than-truckload, non-asset truckload, expedited, and logistics services, operating 210 terminals across 48 states.

Saia Inc. (NASDAQ: SAIA) is expanding its Western U.S. footprint with three new terminals in Bismarck and Fargo, North Dakota, and Sidney, Montana. This expansion marks Saia's first entry into North Dakota and its fourth facility in Montana. The new terminals aim to enhance service capabilities, support the company's "Customer First" approach, and improve direct shipping in the Western U.S.

Executive Vice President of Operations Patrick Sugar emphasized that these openings demonstrate Saia's commitment to exceptional service and creating long-term value. The company is actively hiring for various positions across its expanding network and plans to add more terminals as part of its national expansion strategy.

Saia, Inc. (Nasdaq: SAIA), a leading transportation provider, has released its LTL operating data for the first two months of Q3 2024. In July 2024, LTL shipments per workday increased by 10.6%, tonnage per workday rose by 5.0%, while weight per shipment decreased by 5.0% to 1,331 pounds. August 2024 saw improvements across all metrics, with shipments up 7.0%, tonnage up 8.2%, and weight per shipment increasing by 1.2% to 1,354 pounds.

Quarter-to-date, Saia has experienced an 8.5% increase in shipments, 6.6% growth in tonnage, and a 1.8% decrease in weight per shipment compared to the same period in 2023. These results align with the company's expectations as it continues to invest in its network expansion.

Saia Inc. (NASDAQ: SAIA), a leading LTL carrier, has announced the opening of six new terminals in August 2024 as part of its Western expansion strategy. The new facilities are located in Wyoming, Montana, and South Dakota, including Saia's first terminal in Wyoming. This expansion aims to enhance service capabilities and support growing customer demand in the region.

The openings include: Cheyenne, WY (Aug. 12); Casper, WY and Billings, MT (Aug. 19); and Rapid City, SD, Watertown, SD, and Butte, MT (Aug. 26). These new terminals will improve Saia's network efficiency and reliability. The company plans to open up to 18 to 21 locations in 2024, expanding its national network and creating new job opportunities across various positions.

Saia, Inc. (Nasdaq: SAIA) reported strong second quarter 2024 financial results. Highlights include:

- Revenue increased 18.5% to $823.2 million
- Operating income rose 14.4% to $137.6 million
- Diluted EPS grew to $3.83 from $3.42 in Q2 2023
- LTL shipments per workday increased 18.1%
- LTL tonnage per workday increased 9.7%

Saia opened six new terminals and relocated two others during the quarter. The company plans to open an additional 10-13 terminals in 2024. Despite market disruptions and a softer macroeconomic environment, Saia continues to execute its long-term growth strategy, focusing on customer service and quality to create value for shareholders.

Saia Inc. (NASDAQ: SAIA) has announced the opening of two new terminals for Saia LTL Freight in Stockton, California, and Davenport, Iowa. These facilities are part of Saia's strategic expansion plan to enhance service capabilities and support growing customer demand in key regions. The Stockton terminal will boost operations in Northern California, while the Davenport location strengthens the company's Midwest presence.

In 2024, Saia has already expanded with new facilities in Montana, New Jersey, Texas, and Utah. The company aims to open 18 to 21 terminals this year, further extending its national network. Saia is actively hiring for various positions, including drivers, dockworkers, and office staff, to support its growth.

Saia, a national transportation provider, will announce its second quarter 2024 financial results on July 26, 2024, before the market opens. The company will host a conference call at 10:00 a.m. Eastern Time to discuss these results. Interested participants can join the call by dialing 1-800-715-9871 or 1-646-307-1963 and referencing conference ID #4962445. A replay will be available until August 25, 2024. Saia offers a variety of logistics services including less-than-truckload, non-asset truckload, and expedited services, operating 200 terminals across 46 states. More information can be found on their Investor Relations website.

Saia Inc. (NASDAQ: SAIA) has unveiled new terminals in California, near Anaheim, and Owatonna, Minnesota, aimed at enhancing service capabilities and supporting regional demand. The Anaheim terminal will bolster service in Southern California, replacing the Long Beach facility. The Owatonna terminal marks Saia's entry into the Upper Midwest and supports Western expansion plans. These new facilities are part of Saia's broader strategy to grow its national network, with plans to open up to 16 terminals by year-end. The company continues hiring to support these expansions, offering roles in driving, dockworking, and management.