Saia reports April and May LTL shipments down 5.7% and 4.2% YoY

SAIA INC

April LTL shipments per workday declined 5.7% YoY; tonnage per workday declined 1.1%.
May LTL shipments per workday declined 4.2% YoY; tonnage per workday declined 2.0%.
Weight per shipment rose 4.9% to 1,460 lbs in April and 2.3% to 1,453 lbs in May.
Data reflects first two months of Q2 2023; actual results could differ materially.

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