Saia Inc is a leading transportation and logistics company that provides regional and national freight transportation services across the United States
Specializing in less-than-truckload (LTL) services, Saia offers efficient and reliable shipping solutions for various industries by leveraging a network of strategically located terminals and a fleet of trucks. The company is dedicated to delivering high-quality customer service and innovative logistics solutions, enabling businesses to manage their supply chains effectively and meet their shipping needs. With a focus on safety and operational excellence, Saia continues to expand its reach and capabilities within the transportation sector.
J.B. Hunt leads truckers lower in January, but they won't stay down long. The freight industry is set to rebound in 2025 and support capital return growth.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Landstar (NASDAQLSTR) and the best and worst performers in the ground transportation industry.
JOHNS CREEK, Ga., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced that it will release its quarterly financial results before the market opens on Monday, February 3rd. Saia management will host a conference call to discuss the results later that morning at 10:00 a.m. Eastern Time.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Old Dominion Freight Line (NASDAQODFL) and its peers.
JOHNS CREEK, Ga., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (NASDAQSAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced today that it has closed on an amendment to its unsecured revolving credit facility to increase its borrowing capacity from $300 million to $600 million. The amendment also extends the maturity of the existing credit facility to December 2029.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the ground transportation industry, including Saia (NASDAQSAIA) and its peers.
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 4.4%, LTL tonnage per workday increased 6.9% and LTL weight per shipment increased 2.4% to 1,352 pounds compared to 1,321 pounds in October 2023. In November 2024, LTL shipments per workday increased 2.3%, LTL tonnage per workday increased 5.7% and LTL weight per shipment increased 3.3% to 1,357 pounds compared to 1,313 pounds in November 2023.
Saia has been on fire lately. In the past six months alone, the company’s stock price has rocketed 40.7%, reaching $557.50 per share. This run-up might have investors contemplating their next move.
JOHNS CREEK, Ga., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQSAIA) announced that Saia LTL Freight has been named a 2024 “Top Company for Women to Work For in Transportation” by Redefining the Road magazine, the official magazine of the Women In Trucking Association (WIT). This is the fourth time the company has been named to the prestigious list.
Stocks are ending the week on a high note, with tech leading the charge as investors position ahead of next week’s pivotal earnings releases from five of the “Magnificent Seven” stocks.
