SAIA INC shareholders approved Ratification of the Appointment of KPMG LLP as Saia’s Independent Registered Public Accounting Firm for Fiscal Year 2026.
“Proposal 1—Election of Directors The Director Nominees listed below were elected to serve as directors to hold office until the 2027 Annual Meeting of Stockholders and until their successors are elected and qualified. Director Nominee For Against Abstain Broker Non-Votes Di-Ann Eisnor 25,099,472 254,196 10,744 392,583 Donna E. Epps 25,060,007 289,050 15,355 392,583 John P. Gainor, Jr. 25,046,587 306,648 11,177 392,583 Kevin A. Henry 25,254,858 98,531 11,023 392,583 Frederick J. Holzgrefe, III 25,285,259 67,739 11,374 392,583 Donald R. James 25,059,432 289,504 15,476 392,583 Randolph W. Melville 25,005,968 343,252 15,192 392,583 Richard D. O’Dell 24,539,888 812,904 11,620 392,583 Jeffrey C. Ward 24,551,897 800,926 11,589 392,583 Susan F. Ward 25,196,121 157,327 10,964 392,583 Proposal 2— Advisory Vote to Approve Executive Compensation Our stockholders approved, on an advisory basis, the compensation of the Named Executive Officers disclosed in the Proxy Statement. For Against Abstain Br”
Shareholder Votes
SAIA INC shareholders approved Advisory Vote to Approve Executive Compensation.
“Proposal 1—Election of Directors The Director Nominees listed below were elected to serve as directors to hold office until the 2027 Annual Meeting of Stockholders and until their successors are elected and qualified. Director Nominee For Against Abstain Broker Non-Votes Di-Ann Eisnor 25,099,472 254,196 10,744 392,583 Donna E. Epps 25,060,007 289,050 15,355 392,583 John P. Gainor, Jr. 25,046,587 306,648 11,177 392,583 Kevin A. Henry 25,254,858 98,531 11,023 392,583 Frederick J. Holzgrefe, III 25,285,259 67,739 11,374 392,583 Donald R. James 25,059,432 289,504 15,476 392,583 Randolph W. Melville 25,005,968 343,252 15,192 392,583 Richard D. O’Dell 24,539,888 812,904 11,620 392,583 Jeffrey C. Ward 24,551,897 800,926 11,589 392,583 Susan F. Ward 25,196,121 157,327 10,964 392,583 Proposal 2— Advisory Vote to Approve Executive Compensation Our stockholders approved, on an advisory basis, the compensation of the Named Executive Officers disclosed in the Proxy Statement. For Against Abstain Br”
Shareholder Votes
SAIA INC shareholders approved Election of Directors.
“Proposal 1—Election of Directors The Director Nominees listed below were elected to serve as directors to hold office until the 2027 Annual Meeting of Stockholders and until their successors are elected and qualified. Director Nominee For Against Abstain Broker Non-Votes Di-Ann Eisnor 25,099,472 254,196 10,744 392,583 Donna E. Epps 25,060,007 289,050 15,355 392,583 John P. Gainor, Jr. 25,046,587 306,648 11,177 392,583 Kevin A. Henry 25,254,858 98,531 11,023 392,583 Frederick J. Holzgrefe, III 25,285,259 67,739 11,374 392,583 Donald R. James 25,059,432 289,504 15,476 392,583 Randolph W. Melville 25,005,968 343,252 15,192 392,583 Richard D. O’Dell 24,539,888 812,904 11,620 392,583 Jeffrey C. Ward 24,551,897 800,926 11,589 392,583 Susan F. Ward 25,196,121 157,327 10,964 392,583 Proposal 2— Advisory Vote to Approve Executive Compensation Our stockholders approved, on an advisory basis, the compensation of the Named Executive Officers disclosed in the Proxy Statement. For Against Abstain Br”
“Saia, Inc. (Nasdaq: SAIA) today reported first quarter 2026 financial results. For both the first quarter of 2026 and 2025 diluted earnings per share were $1.86. Highlights from the first quarter operating results were as follows: First Quarter 2026 Compared to First Quarter 2025 Results • Revenue was $806.2 million, a 2.4% increase • Operating income was $66.8 million, a 4.8% decrease”
Douglas L. Col retired as Chief Financial Officer at SAIA INC.
“Mr. Batteh is replacing Douglas L. Col who previously announced his retirement.”
Matthew Batteh was appointed as Executive Vice President, Chief Financial Officer and Secretary at SAIA INC.
“The Board of Directors ("Board") of Saia, Inc. (the "Company") has appointed Matthew Batteh, age 35, as the Executive Vice President and Chief Financial Officer and Secretary of the Company, effective May 13, 2024.”
Governance Changes
SAIA INC: Stockholders approved and the Company filed a Second Amended and Restated Certificate of Incorporation to limit liability of certain officers and make conforming and technical revisions (effective 2024-04-30).
“On April 30, 2024, Saia filed the Second Amended and Restated Certificate of Incorporation with the Delaware Secretary of State.”
Shareholder Votes
SAIA INC shareholders approved Ratification of the Appointment of KPMG LLP as Saia’s Independent Registered Public Accounting Firm for Fiscal Year 2024 at the 2024-04-25 meeting.
“Proposal 4— Ratification of the Appointment of KPMG LLP as Saia’s Independent Registered Public Accounting Firm for Fiscal Year 2024. Our stockholders ratified the appointment of KPMG LLP to serve as Saia’s independent registered public accounting firm for the 2024 fiscal year. For Against Abstain Broker Non-Votes 25,152,282 588,752 14,959 0”
Shareholder Votes
SAIA INC shareholders approved Amend and Restate the Company’s Certificate of Incorporation to Limit the Liability of Certain Officers and Make Various Conforming and Technical Revisions at the 2024-04-25 meeting.
“Proposal 3— Amend and Restate the Company’s Certificate of Incorporation to Limit the Liability of Certain Officers and Make Various Conforming and Technical Revisions. Our stockholders approved an amendment and restatement of Saia’s certificate of incorporation to limit the liability of certain officers and make various conforming and technical revisions. For Against Abstain Broker Non-Votes 23,011,267 2,337,881 16,330 390,515”
Shareholder Votes
SAIA INC shareholders approved Advisory Vote to Approve Executive Compensation at the 2024-04-25 meeting.
“Proposal 2— Advisory Vote to Approve Executive Compensation. Our stockholders approved, on an advisory basis, the compensation of the Named Executive Officers disclosed in the Proxy Statement. For Against Abstain Broker Non-Votes 24,509,323 839,220 16,935 390,515”
Shareholder Votes
SAIA INC shareholders approved Election of Directors at the 2024-04-25 meeting.
“Proposal 1—Election of Directors. The Director Nominees listed below were elected to serve as directors to hold office until the 2025 Annual Meeting of Stockholders and until their successors are elected and qualified. Director Nominee For Against Abstain Broker Non-Votes Di-Ann Eisnor 25,243,815 106,686 14,977 390,515 Donna E. Epps 25,184,947 165,574 14,957 390,515 John P. Gainor 25,175,843 173,560 16,075 390,515 Kevin A. Henry 25,240,220 109,945 15,313 390,515 Frederick J. Holzgrefe, III 25,318,797 31,511 15,170 390,515 Donald R. James 25,240,468 109,681 15,329 390,515 Randolph W. Melville 25,112,096 238,069 15,313 390,515 Richard D. O’Dell 24,717,648 631,800 16,030 390,515 Jeffrey C. Ward 24,534,111 770,353 61,014 390,515 Susan F. Ward 25,237,709”
“$2.85 in the first quarter of 2023. Highlights from the first quarter operating results were as follows: First Quarter 2024 Compared to First Quarter 2023 Results • Revenue was $754.8 million, a 14.3% increase • Operating income was $117.9 million, an 18.9% increase • Operating ratio of 84.4% compared to 85.0% • LTL shipments per workday increased 15.7% • LTL tonnage”
Douglas L. Col departed as Executive Vice President and Chief Financial Officer at SAIA INC.
“On April 23, 2024, Mr. Douglas L. Col, Executive Vice President and Chief Financial Officer, informed Saia, Inc. of his plans to retire after 10 years of service, including the last four years as Chief Financial Officer.”
“to $13.40 in 2022. Highlights from the fourth quarter and full year operating results were as follows: Fourth Quarter 2023 Compared to Fourth Quarter 2022 Results • Revenue was $751.1 million, a 14.5% increase • Operating income was $112.7 million, a 21.5% increase • Operating ratio of 85.0% compared to 85.9% • LTL shipments per workday increased 18.1% • LTL tonnage”
Material Agreements
SAIA INC entered into Asset Purchase Agreement with Yellow Corporation and certain of Yellow's subsidiaries valued at $235.7 million (effective 2023-12-05).
“On December 5, 2023, Saia, Inc. (the “Company”), and its wholly-owned subsidiary Saia Motor Freight Line, LLC (the “Purchaser”), entered into an asset purchase agreement (the “Asset Purchase Agreement”) with Yellow Corporation (“Yellow”) and certain of Yellow’s subsidiaries (together with Yellow, the “Sellers”) in connection with the Sellers’ proposed asset sale pursuant to Chapter 11 of Title 11 of the United States Code”
Debt Financings
SAIA INC incurred senior notes of up to $100 million aggregate principal amount with PGIM, Inc. and certain affiliates and managed accounts of Prudential at 6.09% per annum maturing five years after the date on which the Initial Notes are issued.
“On November 9, 2023, Saia, Inc. (the “Company”) entered into a Private Shelf Agreement (the “Shelf Agreement”), by and among the Company, PGIM, Inc. (“Prudential”), and certain affiliates and managed accounts of Prudential (the “Note Purchasers”), pursuant to which the Company agreed to sell up to $100 million aggregate principal amount of senior notes (the “Initial Notes”) to the Note Purchasers. The Initial Notes will bear interest at 6.09% per annum and will mature five years after the date on which the Initial Notes are issued, unless earlier repaid by the Company.”
Material Agreements
SAIA INC entered into Private Shelf Agreement with PGIM, Inc. and certain affiliates and managed accounts of Prudential valued at $100 million aggregate principal amount (effective 2023-11-09).
“On November 9, 2023, Saia, Inc. (the “Company”) entered into a Private Shelf Agreement (the “Shelf Agreement”), by and among the Company, PGIM, Inc. (“Prudential”), and certain affiliates and managed accounts of Prudential (the “Note Purchasers”), pursuant to which the Company agreed to sell up to $100 million aggregate principal amount of senior notes (the “Initial Notes”) to the Note Purchasers.”
Material Agreements
SAIA INC amended "Credit Agreement" with JPMorgan Chase Bank, N.A. as Administrative Agent, and the other lenders and agents party thereto (effective 2023-10-31).
“On October 31, 2023, Saia, Inc. (the “Company”), and certain of its subsidiaries, entered into an amendment to its credit agreement dated February 3, 2023, with JPMorgan Chase Bank, N.A. as Administrative Agent, and the other lenders and agents party thereto (the “Credit Agreement”).”
“$3.67 in the third quarter of 2022. Highlights from the third quarter operating results were as follows: Third Quarter 2023 Compared to Third Quarter 2022 Results • Revenue was $775.1 million, a 6.2% increase • Operating income was $128.4 million, a 0.1% increase • Operating ratio of 83.4% compared to 82.4% • LTL shipments per workday increased 12.2% • LTL tonnage per”
“in the second quarter of 2022. Highlights from the second quarter operating results were as follows: Second Quarter 2023 Compared to Second Quarter 2022 Results • Revenue was $694.6 million, a 6.8% decrease • Operating income was $120.3 million, a 17.6% decrease • Operating ratio of 82.7% compared to 80.4% • LTL shipments per workday decreased 3.8% • LTL tonnage per”
Shareholder Votes
SAIA INC shareholders approved Ratification of the Appointment of KPMG LLP as Saia’s Independent Registered Public Accounting Firm for Fiscal Year 2023 at the 2023-04-27 meeting.
“Proposal 4— Ratification of the Appointment of KPMG LLP as Saia’s Independent Registered Public Accounting Firm for Fiscal Year 2023 Our stockholders ratified the appointment of KPMG LLP to serve as Saia’s independent registered public accounting firm for the 2023 fiscal year.”
Shareholder Votes
SAIA INC shareholders approved Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation at the 2023-04-27 meeting.
“Proposal 3— Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation Our stockholders voted, on an advisory basis, to approve the compensation of the Named Executive Officers disclosed in the Proxy Statement annually.”
Shareholder Votes
SAIA INC shareholders approved Advisory Vote to Approve Executive Compensation at the 2023-04-27 meeting.
“Proposal 2— Advisory Vote to Approve Executive Compensation Our stockholders approved, on an advisory basis, the compensation of the Named Executive Officers disclosed in the Proxy Statement.”
Shareholder Votes
SAIA INC shareholders approved Election of Directors at the 2023-04-27 meeting.
“Proposal 1—Election of Directors The Director Nominees listed below were elected to serve as Class I directors to hold office until the 2024 Annual Meeting of Stockholders and until their successors are elected and qualified.”
“$2.98 in the first quarter of 2022. Highlights from the first quarter operating results were as follows: First Quarter 2023 Compared to First Quarter 2022 Results • Revenue was $660.5 million, a 0.1% decrease • Operating income was $99.1 million, a 4.2% decrease • Operating ratio of 85.0% compared to 84.4% • LTL shipments per workday decreased 7.1% • LTL tonnage per”
Debt Financings
SAIA INC incurred credit facility of $300 million with JPMorgan Chase Bank, N.A. (as Administrative agent) at term SOFR plus 0.10% plus an applicable margin between 1.00% and 1.75% per annum maturing February 3, 2028.
“The Credit Agreement provides for an unsecured revolving credit facility of up to $300 million, which the Company may draw upon from time to time. The Credit Agreement contains an accordion feature that allows the Company to increase the size of the facility by up to $150 million, subject to certain conditions, for a total borrowing capacity of up to $450 million. The Credit Agreement provides for the issuance of letters of credit. The proceeds of the loans may be used to finance working capital needs and for general corporate purposes. The Credit Agreement terminates, and all outstanding loans, if any, become due and payable on February 3, 2028. Borrowings under the Credit Agreement bear interest at the Company’s election at a variable rate equal to (a) one, three or six month term SOFR (the forward-looking secured overnight financing rate) plus 0.10%, or (b) an alternate base rate, in each case plus an applicable margin. The applicable margin will be between 1.00% and 1.75% per annum”
Material Agreements
SAIA INC terminated Sixth Amended and Restated Credit Agreement with BOKF, NA dba Bank of Oklahoma, N.A., as Administrative Agent and Collateral Agent, and the banks named therein (effective 2023-02-03).
“Item 1.02 Termination of a Material Definitive Agreement As previously reported, the Company was party to that certain Sixth Amended and Restated Credit Agreement, dated February 5, 2019, by and among the Company, BOKF, NA dba Bank of Oklahoma, N.A., as Administrative Agent and Collateral Agent, and the banks named therein (the “Prior Credit Agreement”).”
Material Agreements
SAIA INC entered into Credit Agreement with JPMorgan Chase Bank, N.A. as Administrative agent, BOKF, NA as Syndication Agent, and the other lenders and agents party thereto valued at $300 million (effective 2023-02-03).
“On February 3, 2023, Saia, Inc. (the “Company”), and certain of its subsidiaries, entered into a new credit agreement with JPMorgan Chase Bank, N.A. as Administrative agent, BOKF, NA as Syndication Agent, and the other lenders and agents party thereto (the “Credit Agreement”).”
Earnings Releases
SAIA INC reported full year 2022 results: revenue $2.8 billion, EPS $13.40.
“7.7% • LTL revenue per hundredweight increased 14.3% • LTL revenue per shipment rose 15.0% to $364.44 Full Year 2022 Results Compared to Full Year 2021 Results • Revenue was $2.8 billion, a 22.0% increase • Operating income was $470.5 million, a 40.4% increase • Operating ratio of 83.1% compared to 85.4% • LTL shipments per workday decreased 0.8% • LTL tonnage”
“to $9.48 in 2021. Highlights from the fourth quarter and full year operating results were as follows: Fourth Quarter 2022 Compared to Fourth Quarter 2021 Results • Revenue was $655.7 million, a 6.3% increase • Operating income was $92.7 million, a 4.8% decrease • Operating ratio of 85.9% compared to 84.2% • LTL shipments per workday decreased 8.2% • LTL tonnage per”
“earnings per share 1 were $2.86. Highlights from the third quarter operating results were as follows: Third Quarter 2022 Compared to Third Quarter 2021 Results • Revenue was $729.6 million, a 18.4% increase • Operating income was $128.4 million, a 21.0% increase • Operating ratio of 82.4 compared to 82.8 (adjusted operating ratio 1 of 83.5 in 2021) • LTL shipments”
Anthony Norwood was appointed as Executive Vice President and Chief Human Resources Officer at SAIA INC.
“Anthony Norwood, 55, has been appointed as Executive Vice President and Chief Human Resources Officer of the Company effective March 2, 2022.”
Kelly Benton was appointed as Vice President and Controller at SAIA INC.
“The Board of the Company has appointed Kelly Benton, 46, as the Vice President and Controller of the Company effective January 3, 2022.”
Karla J. Staver departed as Vice President of Human Resources at SAIA INC.
“On December 9, 2021, Ms. Karla J. Staver, Vice President of Human Resources, informed Saia, Inc. of her plans to retire effective March 1, 2022 after 13 years of service.”
Stephanie R. Maschmeier resigned as Vice President and Chief Accounting Officer at SAIA INC.
“Effective on September 10, 2021, Stephanie R. Maschmeier resigned from her executive officer position as Vice President and Chief Accounting Officer of Saia, Inc.”
Dr. Donald R. James was appointed as Director at SAIA INC.
“appointed Kevin A. Henry and Dr. Donald R. James as directors of the Company for a term commencing on September 1, 2021”
Kevin A. Henry was appointed as Director at SAIA INC.
“appointed Kevin A. Henry and Dr. Donald R. James as directors of the Company for a term commencing on September 1, 2021”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.