Saia Reports Impressive Q4 2024 Operating Data

By Bobby Samwell • Tuesday, December 03 10:19 • Permanent Link

Saia, Inc. has released its operating data for the first two months of the fourth quarter of 2024, showing significant increases in various key metrics compared to the same period in 2023.

In October 2024, LTL (Less-Than-Truckload) shipments per workday increased by 4.4%, while LTL tonnage per workday increased by 6.9%. Additionally, LTL weight per shipment increased by 2.4% to 1,352 pounds compared to 1,321 pounds in October 2023.

Moving into November 2024, the trend continued with LTL shipments per workday increasing by 2.3%, LTL tonnage per workday increasing by 5.7%, and LTL weight per shipment increasing by 3.3% to 1,357 pounds compared to 1,313 pounds in November 2023.

Comparing the quarter-to-date (QTD) data for 2024 with the same period in 2023, there were significant increases across the board. LTL shipments per workday increased by 3.5%, LTL tonnage per workday increased by 6.4%, and LTL weight per shipment increased by 2.8%.

These changes indicate a positive trend for Saia, Inc. as they have experienced growth in their LTL operations over the past year.

Saia, Inc. (NASDAQ: SAIA) is a transportation provider offering national LTL, non-asset truckload, expedited, and logistics services, operating 214 terminals with service across 48 states. The market has reacted to these announcements by moving the company's shares -1.4% to a price of $550.21. For more information, read the company's full 8-K submission here.

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