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. reported strong second quarter 2026 results, with revenue of $956.5 million, a 17.1% increase from the second quarter of 2025. Operating income rose to $125.2 million, up 26.0%, and diluted earnings per share were $3.51 compared to $2.67 a year earlier. The operating ratio improved to 86.9% from 87.8% as LTL shipments per workday grew 4.4% and LTL tonnage per workday increased 8.4%.
LTL revenue per hundredweight excluding fuel surcharge declined 2.2%, while LTL revenue per shipment excluding fuel surcharge increased 1.5%. Saia ended the quarter with $84.0 million of cash on hand and total debt of $100.1 million, versus $18.8 million of cash and $309.1 million of debt at June 30, 2025. Net capital expenditures were $158.0 million in the first six months of 2026, and the company anticipates full‑year 2026 net capital expenditures of approximately $350 million to $400 million, subject to market conditions.
Saia, Inc. reported higher less-than-truckload operating volumes for the first two months of the second quarter of 2026. The company highlighted growth in shipments, tonnage and weight per shipment compared with the same periods in 2025.
In April 2026, LTL shipments per workday rose 5.6%, LTL tonnage per workday increased 6.9%, and LTL weight per shipment was up 1.3% versus April 2025. In May 2026, shipments per workday increased 3.7%, tonnage per workday grew 8.4%, and weight per shipment rose 4.5% compared with May 2025.
For the quarter-to-date 2026 versus the same period in 2025, LTL shipments per workday increased 4.6%, LTL tonnage per workday rose 7.6%, and LTL weight per shipment was up 2.9%. Saia emphasized that actual second-quarter and full-year results could differ materially due to numerous economic, operational and regulatory risks.
Saia Inc executive Anthony R. Norwood reported an open-market sale of company stock. As EVP & CHRO, he sold 292 shares of Saia common stock at a price of $468.7700 per share. After this transaction, he directly owns 4,894 Saia shares.
Norwood also holds stock options to acquire 530 shares of Saia common stock at an exercise price of $287.7900 per share, expiring on March 2, 2029. These options were granted under a long-term incentive program, with one-third of the award vesting each year on the anniversary of the grant date.
Morgan Stanley Smith Barney LLC Executive Financial Services submitted a Form 144 notice regarding proposed sales of restricted common stock related to SAIA.
The filing lists multiple restricted-stock entries dated 02/08/2024, 02/06/2025, and 02/08/2025 with per-line counts shown in the excerpt. The filing metadata shows a date of 05/20/2026.
Saia, Inc. President & CEO Frederick J. Holzgrefe III reported an internal restructuring of his indirect holdings in company stock. A related LLC holding 10,000 shares of common stock transferred a 98% non‑voting interest to the Holzgrefe 2025 Family Trust as part of an estate planning strategy, in exchange for a promissory note. This change shifts how the shares are held rather than reflecting an open‑market trade.
Following these updates, Holzgrefe is shown with 12,743 shares of common stock held directly and 7,240.255 phantom stock units, which are payable in Saia common stock upon his termination of employment under the company plan.
SAIA Inc. reporting entity T. Rowe Price Associates, Inc. filed an amendment to a Schedule 13G/A disclosing beneficial ownership of 2,325,979 shares of SAIA common stock, representing 8.7% of the class. The filing shows sole voting power for 2,244,368 shares and sole dispositive power for 2,325,979 shares. The filing is signed by Ellen York, Vice President, dated 05/15/2026.
Saia, Inc. President & CEO Frederick J. Holzgrefe III reported estate-planning moves involving company stock. On May 11, 2026, he made two bona fide gift transfers totaling 20,000 shares of Saia common stock, rather than selling shares in the market.
Footnotes state that 10,000 directly owned shares were contributed to TCCE Global, LLC, an entity he manages with his wife. After these gifts, he reports 12,743 common shares held directly and 10,000 shares held indirectly via the LLC. He also holds 7,240.255 phantom stock units, which are payable in common stock upon his termination of employment under the plan terms.
Saia, Inc. used this 8-K to furnish the transcript of its first-quarter 2026 earnings call. Management reported record first-quarter revenue of $806.2 million, up 2.4% year over year, while diluted EPS was $1.86, flat versus the prior year.
The operating ratio worsened slightly to 91.7 from 91.1 as higher health insurance, workers’ compensation and fuel costs offset efficiency gains. Shipments per workday rose 1.0%, but tonnage fell 2.1% as weight per shipment declined, even though revenue per shipment excluding fuel improved through the quarter.
Saia highlighted strong service and safety statistics, including a cargo claims ratio of 0.5% and record first-quarter miles between preventable accidents. Since 2017, it has opened 70 facilities, building a 214-terminal national network. Over the last 36 months, Saia invested about $1.8 billion in its network and fleet, more than 19% of total revenue.
WARD JEFFREY C reported acquisition or exercise transactions in this Form 4 filing.
Saia Inc. director Jeffrey C. Ward reported an award of phantom stock units. On this Form 4, he received 642 phantom stock units, bringing his phantom stock balance to 57,976 units. Separately, he directly holds 7,079 shares of Saia common stock.
The phantom stock becomes payable in Saia common stock when his service as a director ends, aligning part of his compensation with long-term shareholder value.
Melville Randolph W reported acquisition or exercise transactions in this Form 4 filing.
SAIA INC director Melville Randolph W reported receiving a grant of 395 shares of phantom stock on May 4, 2026. These phantom stock shares become payable in the company’s common stock when his service as a director ends. Following this award, he holds 23,298 phantom stock shares directly.