other material
confidence high
sentiment negative
materiality 0.60
Saia reports July-August LTL shipments down, tonnage mixed; QTD shipments -1.7%
SAIA INC
- July LTL shipments per workday -1.2% YoY; tonnage per workday +0.9%.
- August LTL shipments per workday -2.2% YoY; tonnage per workday -2.2%.
- Quarter-to-date (July+Aug) shipments -1.7%, tonnage -0.7% vs Q3 2024.
- Weight per shipment rose 2.1% in July to 1,359 lbs; August flat at 1,355 lbs.
- Company operates 213 terminals; national LTL services.