Saia, Inc. (NASDAQ: SAIA), a leading transportation provider, has released its second-quarter LTL operating data, revealing some interesting trends. In April 2025, LTL shipments per workday decreased by 1.9%, while LTL tonnage per workday saw an increase of 4.4%. Additionally, LTL weight per shipment increased by 6.5% compared to April 2024.
Moving into May 2025, the decline in LTL shipments per workday accelerated to 3.2%, and LTL tonnage per workday experienced a slight decrease of 0.4%. However, LTL weight per shipment continued to rise, increasing by 3.0% compared to May 2024.
The quarter-to-date (QTD) comparison for 2025 versus 2024 shows a cumulative decline in LTL shipments per workday of 2.6%, an increase of 2.0% in LTL tonnage per workday, and a rise of 4.7% in LTL weight per shipment.
These figures provide valuable insight into the changing dynamics of Saia's LTL operations and may indicate shifting customer behaviors or market conditions. It will be interesting to see how these trends continue to evolve in the coming months and whether Saia will adjust its strategies in response to these shifts. As a result of these announcements, the company's shares have moved -2.81% on the market, and are now trading at a price of $257.63. If you want to know more, read the company's complete 8-K report here.