other material
confidence high
sentiment positive
materiality 0.55
Saia reports July/August LTL shipments up 8.5% QTD, tonnage up 6.6%
SAIA INC
- July 2024 LTL shipments/workday +10.6% YoY; tonnage/workday +5.0%; weight/shipment -5.0% to 1,331 lbs.
- August 2024 LTL shipments/workday +7.0%; tonnage/workday +8.2%; weight/shipment +1.2% to 1,354 lbs.
- QTD (Jul–Aug) LTL shipments/workday +8.5%, tonnage/workday +6.6%, weight/shipment -1.8% YoY.
- Results align with company expectations as it continues network investments.