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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.
Saia, Inc. (Nasdaq: SAIA), a prominent transportation provider, will announce its quarterly financial results on April 28, 2023, before the market opens. A conference call hosted by Saia management will take place at 11:00 a.m. Eastern Time to discuss these results. Interested parties can join the call by dialing 1-888-440-5655 or 1-646-960-0338 with conference ID #9246157. The call will also be webcast live on Saia's website, with a replay available after the call until May 28, 2023. Saia operates 190 terminals across 45 states, providing national less-than-truckload (LTL), non-asset truckload, expedited, and logistics services.
Saia, Inc. (Nasdaq: SAIA) announced its LTL shipment and tonnage data for January and February 2023. January saw a 4.0% decline in LTL shipments per workday and a 3.7% decline in LTL tonnage per workday, while LTL weight per shipment slightly increased by 0.2%. In February, both LTL shipments and tonnage per workday further declined by 7.6%, with LTL weight per shipment decreasing by 0.1%. The company cautions that actual results for the first quarter may differ significantly from these figures, citing risks outlined in its SEC filings.
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