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Saia, Inc. - SAIA STOCK NEWS

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. (NASDAQ: SAIA) is a prominent American trucking and logistics company headquartered in Johns Creek, Georgia. The company is renowned for its extensive range of less-than-truckload (LTL), non-asset truckload, expedited, and logistics services. Saia LTL Freight operates 169 terminals across 44 states and employs over 11,000 people nationwide. The company ranks among the top 10 largest LTL carriers in the United States, managing more than 200 facilities and a fleet comprising over 6,200 tractors and 20,800 trailers.

Core Services and Operations:

  • Less-Than-Truckload (LTL): Specializing in shipments ranging from 100 to 10,000 pounds, Saia offers time-definite and expedited options to meet diverse customer needs.
  • Non-Asset Truckload: Providing flexible and scalable solutions for larger freight needs without owning the asset, which enhances operational efficiency and cost-effectiveness.
  • Expedited Services: Ensuring timely deliveries with expedited shipping options for critical freight.
  • Logistics Services: Comprehensive logistics solutions that streamline supply chain processes and improve operational performance.

Saia's commitment to safety has earned it recognition from the American Trucking Associations Safety Management Council for its outstanding safety record. This accolade underscores the company’s dedication to maintaining high safety standards, which is integral to its operations and service delivery.

Recent Achievements and Current Projects:

  • Expansion in Pennsylvania with a new facility, increasing the total number of state facilities to seven, enhancing service coverage and operational capacity.

Financial Performance: Saia consistently ranks among the top-tier LTL carriers in terms of profitability. The company’s strong financial position is evidenced by its quarterly performance, with detailed comparisons available in its financial releases.

For more information on Saia, Inc., visit saia.com.

News

Saia to Announce Fourth Quarter 2023 Results on February 2, 2024

Rhea-AI Summary
Saia, Inc. (Nasdaq: SAIA) will release its quarterly financial results on February 2nd, followed by a conference call at 10:00 a.m. Eastern Time. The company offers national less-than-truckload (LTL), non-asset truckload, expedited, and logistics services.
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Saia, Inc. Agrees to Acquire 17 Yellow Corporation Terminals in Chapter 11 Bankruptcy Sale

Rhea-AI Summary
Saia, Inc. (Nasdaq: SAIA) wins bid for 17 Yellow Corporation terminals in connection with Yellow's Chapter 11 bankruptcy, agreeing to pay $235.7 million. The acquisition aligns with Saia's strategy to expand its national terminal footprint and improve customer service.
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News

Saia Provides Fourth Quarter LTL Operating Data

Rhea-AI Summary
Saia, Inc. (Nasdaq: SAIA) reports an increase in LTL shipments, tonnage, and weight per shipment for the first two months of the fourth quarter of 2023 compared to the same period in 2022. October 2023 saw an 18.0% increase in LTL shipments per workday, a 7.8% increase in LTL tonnage per workday, and an 8.6% decline in LTL weight per shipment. November 2023 showed an 18.9% increase in LTL shipments per workday, a 9.2% increase in LTL tonnage per workday, and an 8.1% decline in LTL weight per shipment. The company cautions that actual fourth quarter and annual shipments, tonnage, and weight per shipment could differ materially from the data expressed in this press release.
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Saia Recognized as a Top Company for Women

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Saia Inc. has been named a recipient of the 2023 'Top Companies for Women to Work For in Transportation' by Redefining the Road magazine. The company recognizes the importance of gender inclusiveness in the workplace and is committed to advancing a corporate culture where women can grow and succeed professionally.
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Saia Opens Newest Terminal in Maine

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Saia, Inc. has opened its newest terminal in Scarborough, Maine, marking the company's first terminal in the state. The location will allow Saia to offer more direct coverage in the Northeast as demand for shipping services grows. The company has opened eight terminals since January and has received positive feedback from customers. Saia has also recently opened terminals in Salt Lake City, Utah, and Colorado Springs, Colorado.
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Saia Reports Third Quarter Results

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Saia, Inc. reports Q3 2023 financial results with diluted earnings per share of $3.67. Revenue increased by 6.2% and operating income increased by 0.1% compared to Q3 2022. LTL shipments per workday increased by 12.2% and LTL tonnage per workday increased by 6.7%. Saia President and CEO, Fritz Holzgrefe, is pleased with the results and highlights the company's focus on customer service.
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Saia Announces Recipients of 20 Student Scholarships

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Saia Inc. announces 20 students awarded scholarships as part of their annual program.
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Saia to Announce Third Quarter 2023 Results on October 27, 2023

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Saia, Inc. to release quarterly financial results on October 27th
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Saia Provides July and August LTL Operating Data

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Saia, Inc. reports positive growth in LTL shipments and tonnage for July and August 2023.
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Saia Provides Interim Third Quarter LTL Operating Data

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FAQ

What is the current stock price of Saia (SAIA)?

The current stock price of Saia (SAIA) is $473.4 as of December 20, 2024.

What is the market cap of Saia (SAIA)?

The market cap of Saia (SAIA) is approximately 12.6B.

What does Saia, Inc. specialize in?

Saia, Inc. specializes in less-than-truckload (LTL), non-asset truckload, expedited, and logistics services.

Where is Saia, Inc. headquartered?

Saia, Inc. is headquartered in Johns Creek, Georgia.

How many people does Saia, Inc. employ?

Saia, Inc. employs over 11,000 people nationwide.

How many facilities does Saia operate in the United States?

Saia operates more than 200 facilities across the United States.

What types of shipments does Saia LTL Freight handle?

Saia LTL Freight handles shipments ranging from 100 to 10,000 pounds.

What is the size of Saia’s fleet?

Saia’s fleet includes over 6,200 tractors and 20,800 trailers.

Has Saia received any safety recognition?

Yes, Saia has been recognized by the American Trucking Associations Safety Management Council for its outstanding safety record.

What recent expansion project did Saia undertake?

Saia recently opened a new facility in Pennsylvania, bringing the number of facilities in the state to seven.

How can I get more information about Saia, Inc.?

For more information, visit Saia’s official website at saia.com.

Where can I find Saia’s financial releases?

Saia’s financial releases are available on their official website under the 'Investor Relations' section.

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Saia, Inc.

Nasdaq:SAIA

SAIA Rankings

#733 Ranked by Market Cap
N/A Ranked by Dividends

SAIA Stock Data

12.59B
26.55M
0.18%
113.54%
8.21%
Trucking
Trucking (no Local)
Link
United States of America
JOHNS CREEK