Saia Jan-Feb LTL shipments per workday up 11.8% and 19.0% YoY; tonnage up 3.3% and 11.0%

SAIA INC

January 2024 LTL shipments per workday +11.8% YoY; tonnage per workday +3.3%; weight per shipment -7.5% to 1,334 lbs.
February 2024 LTL shipments per workday +19.0% YoY; tonnage per workday +11.0%; weight per shipment -6.7% to 1,311 lbs.
Data suggests accelerating volume growth in Feb, though weight per shipment continues to decline, indicating mix shift to smaller shipments.
Actual Q1 results may differ materially from these preliminary operating metrics.

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