---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-067946"
form_type: "8-K"
ticker: "SAIA"
cik: "0001177702"
company_name: "SAIA INC"
filed_at: "2023-12-05T23:59:59+00:00"
generated_at: "2026-06-07T17:44:48.346132+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Saia wins bid for 17 Yellow terminals for $235.7M in bankruptcy sale

## Summary
- Winning bidder for 17 Yellow terminals in Chapter 11 bankruptcy; purchase price $235.7 million.
- Terminals in markets including Fresno, CA; Augusta, GA; Grand Rapids, MI; Knoxville, TN; and others.
- Closing expected Q1 2024; subject to bankruptcy court approval (hearing Dec 12) and regulatory nods.
- Funding via cash on hand and credit facilities; CEO Fritz Holzgrefe cites expanded national footprint.

## SEC filing metadata
- accession: 0000950170-23-067946
- form_type: 8-K
- ticker: SAIA
- cik: 0001177702
- company_name: SAIA INC
- filed_at: 2023-12-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1177702/000095017023067946/0000950170-23-067946-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177702/000095017023067946/saia-20231205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-067946
- JSON: https://secwatch.observer/filing/0000950170-23-067946.json
- Plain text: https://secwatch.observer/filing/0000950170-23-067946.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.