Saia, Inc. Announces Operating Results for the First Two Months of the First Quarter 2024
March 04, 2024 at 04:05 pm EST
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Saia, Inc. announced operating results for the first two months of the first quarter. In January 2024, LTL shipments per workday increased 11.8%, LTL tonnage per workday increased 3.3% and LTL weight per shipment declined 7.5% to 1,334 pounds.
In February 2024, LTL shipments per workday increased 19.0%, LTL tonnage per workday increased 11.0% and LTL weight per shipment declined 6.7% to 1,311 pounds.
Saia, Inc. is a transportation company. The Company provides less-than-truckload (LTL) services through a single integrated organization. It also offers customers a range of other value-added services, including non-asset truckload, expedited, and logistics services across North America. Its subsidiary, Saia Motor Freight Line, LLC (Saia LTL Freight), is an LTL carrier that serves 45 states and provides LTL services to Canada and Mexico through relationships with third-party interline carriers. Saia LTL Freight specializes in offering its customers a range of LTL services, including time-definite and expedited options. Saia LTL Freight primarily provides its customers with solutions for shipments between 100 and 10,000 pounds. Saia LTL Freight operates a network comprised of approximately 198 owned and leased facilities, including three general offices and one warehouse, and also owns approximately 6,500 tractors and 22,100 trailers, including equipment acquired with finance leases.