secwatch.observer — SEC 8-K summary
======================================

Issuer:     SAIA INC (SAIA)
CIK:        0001177702
Form:       8-K
Filed at:   2023-09-06T23:59:59+00:00
Accession:  0000950170-23-046569
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saia reports July-Aug LTL shipments up 6.0% and 14.2% YoY; tonnage up 3.4% and 6.8% YoY
--------------------------------------------------------------------------------

- July 2023: LTL shipments/workday +6.0% YoY, tonnage/workday +3.4% YoY, weight/shipment -2.4% to 1,401 lbs.
- August 2023: LTL shipments/workday +14.2% YoY, tonnage/workday +6.8% YoY, weight/shipment -6.4% to 1,339 lbs.
- Weight per shipment declining indicates more small shipments, typical in LTL during economic shifts.
- Data provides early Q3 2023 operational trend; Saia operates 193 terminals across 45 states.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177702/000095017023046569/0000950170-23-046569-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177702/000095017023046569/saia-20230906.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-046569

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer