Saia reports April/May LTL tonnage up 2.0% QTD; shipments down 2.6%

SAIA INC

April LTL shipments/workday -1.9%; tonnage/workday +4.4%; weight/shipment +6.5% to 1,418 lbs.
May LTL shipments/workday -3.2%; tonnage/workday -0.4%; weight/shipment +3.0% to 1,385 lbs.
QTD 2025 vs 2024: shipments -2.6%, tonnage +2.0%, weight per shipment +4.7%.
Data suggests mixed Q2 demand: tonnage growth driven by heavier shipments, but volumes declining.

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