Saia Provides Fourth Quarter LTL Operating Data
Saia has reported its LTL operating data for October and November 2024. In October, LTL shipments per workday rose 4.4%, tonnage per workday increased 6.9%, and weight per shipment grew 2.4% to 1,352 pounds. November showed continued growth with LTL shipments per workday up 2.3%, tonnage per workday increasing 5.7%, and weight per shipment rising 3.3% to 1,357 pounds. Quarter-to-date metrics show overall positive trends with shipments up 3.5%, tonnage up 6.4%, and weight per shipment increasing 2.8% compared to the same period in 2023.
Saia ha riportato i suoi dati operativi LTL per ottobre e novembre 2024. A ottobre, le spedizioni LTL per giorno di lavoro sono aumentate del 4.4%, il tonnellaggio per giorno di lavoro è cresciuto del 6.9%, e il peso per spedizione è aumentato del 2.4% raggiungendo 1.352 libbre. Novembre ha mostrato una continua crescita, con le spedizioni LTL per giorno di lavoro in aumento del 2.3%, il tonnellaggio per giorno di lavoro che è salito del 5.7%, e il peso per spedizione che è aumentato del 3.3% raggiungendo 1.357 libbre. Le metriche fino ad oggi nel trimestre mostrano tendenze positive generali, con spedizioni in aumento del 3.5%, tonnellaggio in crescita del 6.4%, e peso per spedizione aumentato del 2.8% rispetto allo stesso periodo del 2023.
Saia ha reportado sus datos operativos LTL para octubre y noviembre de 2024. En octubre, los envíos LTL por día laboral aumentaron un 4.4%, el tonelaje por día laboral creció un 6.9%, y el peso por envío subió un 2.4% alcanzando 1,352 libras. Noviembre mostró un crecimiento continuo, con los envíos LTL por día laboral en aumento del 2.3%, tonelaje por día laboral en aumento del 5.7%, y peso por envío en aumento del 3.3% alcanzando 1,357 libras. Las métricas del trimestre a la fecha muestran tendencias positivas generales, con envíos en aumento del 3.5%, tonelaje en aumento del 6.4%, y peso por envío aumentando un 2.8% en comparación con el mismo periodo de 2023.
Saia는 2024년 10월 및 11월의 LTL 운영 데이터를 보고했습니다. 10월에는 근무일 기준 LTL 배송량이 4.4% 증가했으며, 근무일 기준 톤수는 6.9% 증가했고, 발송물당 무게는 2.4% 증가하여 1,352파운드에 도달했습니다. 11월에는 지속적인 성장이 있었습니다. 근무일 기준 LTL 배송량은 2.3% 증가하였고, 근무일 기준 톤수는 5.7% 증가했으며, 발송물당 무게는 3.3% 증가하여 1,357파운드에 이르렀습니다. 분기 집계 지표는 전반적으로 긍정적인 추세를 보이고 있으며, 배송량은 3.5% 증가하였고, 톤수는 6.4% 증가하였으며, 발송물당 무게는 2023년 같은 기간과 비교했을 때 2.8% 증가했습니다.
Saia a rapporté ses données opérationnelles LTL pour octobre et novembre 2024. En octobre, les envois LTL par jour ouvré ont augmenté de 4.4%, le tonnage par jour ouvré a progressé de 6.9%, et le poids par envoi a crû de 2.4% atteignant 1 352 livres. Novembre a montré une croissance continue avec des envois LTL par jour ouvré en hausse de 2.3%, le tonnage par jour ouvré en augmentation de 5.7%, et le poids par envoi augmentant de 3.3% pour atteindre 1 357 livres. Les indicateurs cumulés pour le trimestre montrent des tendances globalement positives avec des envois en hausse de 3.5%, le tonnage en augmentation de 6.4%, et le poids par envoi augmentant de 2.8% par rapport à la même période en 2023.
Saia hat seine LTL-Betriebsdaten für Oktober und November 2024 veröffentlicht. Im Oktober stiegen die LTL-Versandzahlen pro Arbeitstag um 4.4%, das Frachtvolumen pro Arbeitstag erhöhte sich um 6.9%, und das Gewicht pro Sendung wuchs um 2.4% auf 1.352 Pfund. Im November zeigte sich ein kontinuierliches Wachstum, wobei die LTL-Versandzahlen pro Arbeitstag um 2.3% stiegen, das Frachtvolumen pro Arbeitstag um 5.7% zunahm und das Gewicht pro Sendung um 3.3% auf 1.357 Pfund anstieg. Die Kennzahlen bis zum aktuellen Quartal zeigen insgesamt positive Trends mit einem Versandwachstum von 3.5%, einem Anstieg des Frachtvolumens von 6.4% und einem Gewicht pro Sendung, das um 2.8% im Vergleich zum gleichen Zeitraum 2023 gestiegen ist.
- LTL tonnage per workday increased 6.9% in October and 5.7% in November
- LTL shipments per workday grew 4.4% in October and 2.3% in November
- Weight per shipment showed consistent growth, reaching 1,357 pounds in November
- Month-over-month slowdown in shipment growth from 4.4% in October to 2.3% in November
Insights
The latest operating data from Saia shows robust growth in key LTL metrics. The
The sequential improvement in tonnage metrics, despite typical seasonal patterns, points to market share gains and successful terminal expansion initiatives. The divergence between shipment count growth (
JOHNS CREEK, Ga., Dec. 03, 2024 (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 fourth quarter. In October 2024, LTL shipments per workday increased
These changes are summarized in the table below:
| October 2024 versus October 2023 | November 2024 versus November 2023 | Quarter to Date (QTD) 2024 versus QTD 2023 | |||||||
| LTL Shipments per workday | 4.4 | % | 2.3 | % | 3.5 | % | |||
| LTL Tonnage per workday | 6.9 | % | 5.7 | % | 6.4 | % | |||
| LTL Weight per shipment | 2.4 | % | 3.3 | % | 2.8 | % | |||
Actual fourth quarter and annual shipments, tonnage and weight per shipment could differ materially from the data expressed in this press release, including by reason of the risk factors included in Item 1A of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and in other filings with the Securities and Exchange Commission. The information herein speaks as of the date of this press release and is subject to change. Saia is under no obligation, and expressly disclaims any obligation to update or alter such information, whether as a result of new information, future events, or otherwise, except as required by law.
Saia, Inc. (Nasdaq: SAIA) offers customers a wide range of less-than-truckload, non-asset truckload, expedited and logistics services. With headquarters in Georgia, Saia LTL Freight operates 214 terminals with service across 48 states. For more information on Saia, Inc. visit the Investor Relations section at www.saia.com/about-us/investor-relations.
Cautionary Note Regarding Forward-Looking Statements
The Securities and Exchange Commission encourages companies to disclose forward-looking information so that investors can better understand the future prospects of a company and make informed investment decisions. This news release may contain these types of statements, which are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “may,” “plan,” “predict,” “believe,” “should,” “potential” and similar words or expressions are intended to identify forward-looking statements. Investors should not place undue reliance on forward-looking statements and the Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law. All forward-looking statements reflect the present expectation of future events of our management as of the date of this news release and are subject to a number of important factors, risks, uncertainties and assumptions that could cause actual results to differ materially from those described in any forward-looking statements. These factors, risks, uncertainties and assumptions include, but are not limited to, (1) general economic conditions including downturns or inflationary periods in the business cycle; (2) operation within a highly competitive industry and the adverse impact from downward pricing pressures, including in connection with fuel surcharges, and other factors; (3) industry-wide external factors largely out of our control; (4) cost and availability of qualified drivers, dock workers, mechanics and other employees, purchased transportation and fuel; (5) inflationary increases in operating expenses and corresponding reductions of profitability; (6) cost and availability of diesel fuel and fuel surcharges; (7) cost and availability of insurance coverage and claims expenses and other expense volatility, including for personal injury, cargo loss and damage, workers’ compensation, employment and group health plan claims; (8) failure to successfully execute the strategy to expand our service geography; (9) unexpected liabilities resulting from the acquisition of real estate assets; (10) costs and liabilities from the disruption in or failure of our technology or equipment essential to our operations, including as a result of cyber incidents, security breaches, malware or ransomware attacks; (11) failure to keep pace with technological developments; (12) liabilities and costs arising from the use of artificial intelligence; (13) labor relations, including the adverse impact should a portion of our workforce become unionized; (14) cost, availability and resale value of real property and revenue equipment; (15) supply chain disruption and delays on new equipment delivery; (16) capacity and highway infrastructure constraints; (17) risks arising from international business operations and relationships; (18) seasonal factors, harsh weather and disasters caused by climate change; (19) economic declines in the geographic regions or industries in which our customers operate; (20) the creditworthiness of our customers and their ability to pay for services; (21) our need for capital and uncertainty of the credit markets; (22) the possibility of defaults under our debt agreements, including violation of financial covenants; (23) inaccuracies and changes to estimates and assumptions used in preparing our financial statements; (24) failure to operate and grow acquired businesses in a manner that support the value allocated to acquired businesses; (25) dependence on key employees; (26) employee turnover from changes to compensation and benefits or market factors; (27) increased costs of healthcare benefits; (28) damage to our reputation from adverse publicity, including from the use of or impact from social media; (29) failure to make future acquisitions or to achieve acquisition synergies; (30) the effect of litigation and class action lawsuits arising from the operation of our business, including the possibility of claims or judgments in excess of our insurance coverages or that result in increases in the cost of insurance coverage or that preclude us from obtaining adequate insurance coverage in the future; (31) the potential of higher corporate taxes and new regulations, including with respect to climate change, employment and labor law, healthcare and securities regulation; (32) the effect of governmental regulations, including hours of service and licensing compliance for drivers, engine emissions, the Compliance, Safety, Accountability (CSA) initiative, regulations of the Food and Drug Administration and Homeland Security, and healthcare and environmental regulations; (33) unforeseen costs from new and existing data privacy laws; (34) costs from new and existing laws regarding how to classify workers; (35) changes in accounting and financial standards or practices; (36) widespread outbreak of an illness or any other communicable disease; (37) international conflicts and geopolitical instability; (38) increasing investor and customer sensitivity to social and sustainability issues, including climate change; (39) provisions in our governing documents and Delaware law that may have anti-takeover effects; (40) issuances of equity that would dilute stock ownership; (41) weakness, disruption or loss of confidence in financial or credit markets; and (42) other financial, operational and legal risks and uncertainties detailed from time to time in the Company’s SEC filings.
As a result of these and other factors, no assurance can be given as to our future results and achievements. Accordingly, a forward-looking statement is neither a prediction nor a guarantee of future events or circumstances and those future events or circumstances may not occur. You should not place undue reliance on the forward-looking statements, which speak only as of the date of this news release. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.
| CONTACT: | Saia, Inc. |
| Matthew Batteh | |
| Executive Vice President and Chief Financial Officer | |
| Investors@saia.com |
FAQ
What was Saia's LTL tonnage growth in October 2024?
How much did Saia's LTL weight per shipment increase in November 2024?
What is Saia's quarter-to-date shipment growth for Q4 2024?
