Saia, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 02, 2022 at 07:30 am EDT
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Saia, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 661.22 million compared to USD 484.07 million a year ago. Net income was USD 79.42 million compared to USD 37.29 million a year ago. Basic earnings per share from continuing operations was USD 3.01 compared to USD 1.42 a year ago. Diluted earnings per share from continuing operations was USD 2.98 compared to USD 1.4 a year ago.
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.
SAIA, INC. 
