JOHNS CREEK, Ga., June 05, 2025 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, is providing LTL shipment and tonnage data for the first two months of the second quarter. In April 2025, LTL shipments per workday declined 1.9%, LTL tonnage per workday increased 4.4% and LTL weight per shipment increased 6.5% to 1,418 pounds compared to 1,332 pounds in April 2024. In May 2025, LTL shipments per workday declined 3.2%, LTL tonnage per workday declined 0.4% and LTL weight per shipment increased 3.0% to 1,385 pounds compared to 1,345 pounds in May 2024.
This trucking company missed the number and has seen estimates fall in the wake of the new trade policy.
Saia (SAIA) came out with quarterly earnings of $1.86 per share, missing the Zacks Consensus Estimate of $2.77 per share. This compares to earnings of $3.38 per share a year ago.
Trucking Industry | Industrials Sector | Mr. Frederick J. Holzgrefe III CEO | XSTU Exchange | US78709Y1055 ISIN |
US Country | 15,300 Employees | - Last Dividend | 14 Jun 2013 Last Split | 11 Sep 2002 IPO Date |
Saia, Inc., a key player in the North American transportation industry, provides comprehensive shipping and logistics services. Its primary focus is on less-than-truckload (LTL) shipping, catering to shipments ranging from 100 to 10,000 pounds. Saia has a rich history dating back to its founding in 1924, originally operating under the name SCS Transportation, Inc. before rebranding to Saia, Inc. in July 2006. Headquartered in Johns Creek, Georgia, the company has a significant operational footprint, featuring 191 owned and leased facilities, and boasts a strong fleet comprised of approximately 6,200 tractors and 20,800 trailers. Operating across 194 terminals, Saia's infrastructure and services are designed to meet a broad spectrum of transportation needs in the region.
Saia specializes in less-than-truckload (LTL) shipping services, providing efficient and reliable transportation for shipments that do not require the space of a full truckload. This service is designed for shipments weighing between 100 and 10,000 pounds, catering to a diverse range of customer needs.
Alongside its core LTL offerings, Saia extends its capabilities to non-asset truckload services. This approach leverages partnerships with other carriers to offer additional capacity and flexibility without the need for Saia to own the assets directly. It allows for scalable solutions that adjust to fluctuating demands.
For shipments requiring fast delivery, Saia provides expedited services. This option is ideal for time-sensitive freight that must reach its destination quickly and reliably. Through a combination of strategic routing and priority handling, Saia ensures that expedited shipments are delivered with the utmost efficiency.
In addition to direct transportation services, Saia offers comprehensive logistics solutions. This encompasses a wide range of services, including supply chain management, freight consolidation, and warehousing. Customized to meet the unique requirements of each client, Saia's logistics services are designed to optimize operations and enhance supply chain efficiency.