Saia reports April/May LTL shipments up ~18% YoY; tonnage +7-10%

SAIA INC

April 2024 LTL shipments/workday +18.0% vs April 2023; tonnage +7.6%; weight/shipment -8.8% to 1,332 lbs.
May 2024 LTL shipments/workday +18.6% vs May 2023; tonnage +9.8%; weight/shipment -7.4% to 1,345 lbs.
QTD 2024 vs QTD 2023: LTL shipments/workday +18.2%, tonnage +8.6%, weight/shipment -8.1%.
Data is preliminary; actual Q2 results may differ materially per company's risk factors.

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