Saia LTL tonnage down 4.8% QTD; Jan/Feb shipments mixed; renewals 5.9-6.6%

SAIA INC

January 2026: LTL shipments per workday -2.1%, tonnage -7.0%, weight per shipment -5.1% vs Jan 2025.
February 2026: LTL shipments +0.3%, tonnage -2.7%, weight per shipment -3.0% vs Feb 2025.
Quarter-to-date (Jan+Feb 2026 vs 2025): shipments -0.9%, tonnage -4.8%, weight per shipment -4.0%.
Contractual renewals: 6.6% in January, 5.9% in February; both months remain strong.

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