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Saia Opens New Terminal in Laredo, Texas

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Rhea-AI Summary

Saia (NASDAQ: SAIA) announced the opening of a new terminal in Laredo, Texas on June 10, 2024. This facility aims to enhance Saia's capabilities, including onsite warehousing and cross-border services with Mexico.

The terminal will serve as one of two gateway points to Mexico and will improve service across the Central and Southern U.S. This expansion is part of Saia's broader strategy to open up to 16 new terminals in 2024, bolstering its national network. The company is actively hiring for various positions to support this growth.

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Positive

  • Opening of a new terminal in Laredo, Texas enhances cross-border services with Mexico.
  • Facility includes onsite warehousing, improving logistics capabilities.
  • Expansion supports Saia's strategic growth with plans to open up to 16 new terminals in 2024.
  • New terminal will improve service across the Central and Southern U.S., potentially increasing customer satisfaction.
  • Actively hiring new employees, which may positively impact local economies.

Negative

  • High capital investment in new terminal may strain financial resources.
  • Expansion plans may lead to increased operational costs.
  • Risk of not achieving projected benefits from new terminal and expansion strategy.

News Market Reaction 1 Alert

+0.74% News Effect

On the day this news was published, SAIA gained 0.74%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

The new facility will serve as a gateway to Mexico.

JOHNS CREEK, Ga., June 10, 2024 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) is proud to announce the opening of Saia LTL Freight’s new terminal in Laredo, Texas. The facility marks a significant investment in Saia’s Laredo operations, with an eye towards offering enhanced capabilities, including onsite warehousing, to support our growing customer base.

"We are thrilled to move into our larger, newly renovated facility in Laredo," said Vice President of Operations, West Kevin Szydel. "This terminal is important to our operations as it will serve as one of two gateway terminals to Mexico, in addition to enhancing our service across the Central and Southern U.S., supporting the local economy with job opportunities and improved shipping services. In addition to offering onsite warehousing, we will also provide customers seamless cross- border pool distribution and truckload services through our exclusive partnership with Fletes Mexico.”

The new Laredo terminal is a key component to Saia's strategic expansion, enhancing direct shipping points and providing greater flexibility for customers. In 2024, Saia has already bolstered its presence with new facilities in Montana, New Jersey, Texas, and Utah, expanding its reach across the Northeast, South, and Western U.S. The company plans to open up to 16 additional terminals this year, continuing to strengthen its national network.

"With each new terminal, we remain committed to our chief core value, ‘Customer First,’” Szydel added. "Our success is built on our ability to provide exceptional service, and this facility in Laredo is a testament to our dedication to replicating that service excellence."

Saia is also actively hiring new employees across its network, including drivers, dockworkers, and various office, sales, and management positions. Interested candidates are encouraged to visit the Saia website to learn more about open positions and apply.

About Saia, Inc.

Saia Inc. (NASDAQ: SAIA) offers customers a wide range of less-than-truckload, non-asset truckload, expedited and logistics services. With headquarters in Johns Creek, Georgia, Saia LTL Freight operates 199 terminals across the country and employs over 14,000 people. Saia has been recognized by the American Trucking Associations Safety Management Council for its outstanding safety record and by the Environmental Protection Agency’s SmartWay program for its efforts to reduce its environmental impact. Saia is also a multi-year recipient of Women In Trucking’s “Top Companies for Women to Work for in Transportation.” For more information on Saia Inc., visit saia.com.

For more information, contact:
Jeannie S. Jump
Saia Corporate Communications
Phone: 770-232-4069 · E-mail jjump@saia.com


FAQ

What is the significance of Saia's new terminal in Laredo, Texas?

The new terminal enhances cross-border services with Mexico and improves Saia's logistics capabilities across the Central and Southern U.S.

When did Saia open its new terminal in Laredo, Texas?

Saia opened the new terminal on June 10, 2024.

What services will the new Saia terminal in Laredo, Texas offer?

The terminal will offer onsite warehousing, cross-border pool distribution, and truckload services.

How many new terminals does Saia plan to open in 2024?

Saia plans to open up to 16 new terminals in 2024.

Is Saia hiring for the new terminal in Laredo, Texas?

Yes, Saia is actively hiring drivers, dockworkers, and various office, sales, and management positions.
Saia Inc

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