Saia, Inc. filings document the public-company disclosures of a national transportation provider built around less-than-truckload freight, non-asset or brokered truckload, expedited transportation and logistics services. Form 8-K reports furnish quarterly operating results, earnings releases, LTL shipment and tonnage data, revenue-per-shipment measures, operating ratio and conference-call transcripts under Regulation FD.
Proxy and annual-meeting filings cover director elections, advisory executive-compensation votes, auditor ratification and board governance. The company's risk disclosures address freight-cycle conditions, industry competition and pricing pressure, fuel and fuel-surcharge exposure, labor availability for drivers and terminal personnel, insurance and cargo-claim costs, technology disruption, service-geography expansion and real estate-related liabilities.
Saia, Inc. director Todd C. Fowler received a grant/award of 226 shares of common stock on November 2, 2026. The transaction was reported as direct ownership, with 226 shares directly held after the award; the reported transaction price was $0.0000 per share.
SAIA identifies Todd C. Fowler as a director and reporting person.
Saia, Inc. reported third-quarter 2026 revenue of $982.5 million, up 17.0%, with tonnage per workday up 8.9%. Operating income was $122.3 million, 17.5% above third-quarter 2025 adjusted operating income; the operating ratio was 87.6%, unchanged from the prior-year adjusted result. Diluted earnings per share were $3.41, up 21.4% from adjusted diluted earnings per share of $2.81. Revenue per shipment excluding fuel surcharge rose 5.8%, while yield excluding fuel surcharge fell 2.2% year over year.
Year to date, Saia generated more than $240 million in free cash flow and ended the quarter with $203 million of cash and $100.0 million of debt outstanding. The board authorized repurchases of up to $250 million of common stock, subject to market conditions and other investment priorities. Since the beginning of 2022, Saia added 45 terminals and relocated or expanded more than 25 others; operational door count increased approximately 32%, and tractor and trailer capacity increased more than 35%. Management said its Q4 outlook, based on October trends and normal seasonality, indicated year-over-year operating-ratio improvement of over 200 basis points.
SAIA Inc. EVP & CHRO Anthony R. Norwood had 155 common shares withheld on November 2, 2026, at $354.87 per share to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in November 2022. He directly held 4,739 common shares after the withholding. He also reported options covering 530 common shares, with a $287.79 exercise price and a March 2, 2029 expiration.
SAIA Inc. VP & CAO Kelly W. Benton had 129 shares withheld on November 2, 2026, at the officer’s election to cover tax liabilities incurred in connection with vesting of restricted shares awarded in November 2022. The reported per-share amount was $354.87, and direct common-stock holdings after the transaction were 3,028 shares. Benton also held 100.069 shares of phantom stock, with a 1.1617 conversion rate corresponding to 116.247 common shares.
Saia, Inc. reported third-quarter 2026 operating revenue of $982.454 million, up 17.0% from a year earlier, and net income of $91.445 million versus $86.316 million. Diluted earnings per share were $3.41 versus $3.22. Revenue growth reflected higher fuel surcharge revenue, an 8.1% increase in LTL pounds per shipment and a 5.8% increase in LTL revenue per shipment excluding fuel surcharges. Operating income was $122.291 million versus $118.610 million; operating ratio was 87.6% versus 85.9%. The 2025 quarter included a $16.4 million real estate gain and a $1.9 million real estate impairment loss; adjusted operating ratio was 87.6% in both periods.
For the first nine months, operating revenue was $2.7 billion, up 12.3%, operating income was $314.309 million, up 9.1%, and operating cash flow was $480.755 million versus $457.665 million. Saia anticipated 2026 net capital expenditures of approximately $350 million, subject to ongoing evaluation of market conditions. On October 29, 2026, its board approved a stock repurchase program of up to $250 million, effective immediately; it has no expiration date and does not require Saia to repurchase shares.
SAIA reported third-quarter 2026 revenue of a record $982.5 million, up 17.0% year over year. Diluted earnings per share were $3.41 versus $3.22 in 2025; real-estate disposal and impairment transactions increased 2025 diluted EPS by $0.41, and adjusted 2025 diluted EPS was $2.81. Operating income was $122.3 million, up 3.1% from 2025 GAAP operating income and 17.5% from adjusted 2025 operating income of $104.1 million.
At September 30, 2026, cash was $202.5 million and total debt was $100.0 million, versus $35.5 million cash and $219.2 million debt at September 30, 2025. Nine-month net capital expenditures were $235.9 million, compared with $446.1 million in 2025; full-year 2026 net capital expenditures are expected to be approximately $350 million, subject to ongoing evaluation of market conditions.
The Board authorized up to $250 million of common-stock repurchases, effective immediately, at management’s discretion through open-market, privately negotiated, 10b5-1 plan and other permitted transactions. The program has no expiration date, does not obligate SAIA to acquire a specified number of shares, and may be suspended, modified or terminated at any time without prior notice. The Board expanded from ten to eleven directors and appointed Todd C. Fowler, effective immediately, to its Audit Committee; he will serve until the 2027 annual meeting unless earlier death, resignation or removal.
SAIA INC (SAIA) reported year-over-year growth in key less-than-truckload (LTL) operating metrics for the first two months of the third quarter of 2026. In July 2026, LTL shipments per workday rose 0.8%, LTL tonnage per workday rose 7.8%, and LTL weight per shipment increased 7.0% versus July 2025. In August 2026, LTL shipments per workday increased 1.1%, tonnage per workday increased 8.7% and weight per shipment grew 7.5% versus August 2025.
For quarter-to-date 2026 versus the same period in 2025, LTL shipments per workday rose 1.0%, LTL tonnage per workday rose 8.3%, and LTL weight per shipment rose 7.2%. The company notes that actual third-quarter and full-year results may differ materially from these operating trends due to various risks and uncertainties.
Saia, Inc. reported record second‑quarter 2026 revenue of $956.5 million, up 17.1% year over year, with shipments per workday up 4.4% and tonnage per workday up 8.4%. Operating income rose 26% to $125 million, and operating ratio improved to 86.9% from 87.8%. Diluted EPS increased 31.5% to $3.51.
Revenue per shipment excluding fuel surcharge increased 1.5% to $303.12, and June ex‑fuel revenue per shipment was about 4% above June 2025. Fuel surcharge revenue grew to 22.3% of total as a 50.3% jump in national diesel prices drove a 49.6% rise in fuel expense and a 47.3% increase in purchased transportation.
Management highlighted record service and safety metrics, including a 0.3% cargo claims ratio and over 45% improvement in miles between preventable accidents. Since 2022, Saia has invested about $1 billion in real estate and $1.0 billion in fleet, adding 33 terminals and increasing door count 25%. A new “Saia REV” program targets faster transit on 2,000 lanes and enhanced shipment visibility. Leaders described customer sentiment as positive and are targeting only about a 100‑basis‑point seasonal operating‑ratio deterioration from the second to the third quarter.
Saia, Inc. reported strong Q2 2026 results, with operating revenue up 17.1% to $956.5 million, driven by higher fuel surcharge revenue, a 4.4% increase in LTL shipments and 8.4% higher LTL tonnage. LTL revenue per shipment rose 12.0% to $393.56 and, excluding fuel surcharges, 1.5% to $303.12. Operating income increased to $125.2 million, improving the operating ratio to 86.9% from 87.8%.
Net income grew to $94.3 million, or $3.51 per diluted share, versus $71.4 million and $2.67 a year earlier; for the first half of 2026, net income was $144.1 million and diluted EPS $5.37. Saia generated $291.2 million of operating cash flow against $158.0 million of capital expenditures, ended the quarter with working capital of $216.7 million, $564.0 million of undrawn revolver capacity and $100.0 million of senior notes outstanding. Management notes higher wage, health-benefit, fuel and purchased transportation costs, ongoing network and technology investment, and increased litigation and insurance-related risks.