Saia, Inc. (SAIA) Provides Third Quarter LTL Operating Data

September 4, 2024 7:30 AM UTC

Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, is providing LTL shipment and tonnage data for the first two months of the third quarter. In July 2024, LTL shipments per workday increased 10.6%, LTL tonnage per workday increased 5.0% and LTL weight per shipment declined 5.0% to 1,331 pounds compared to 1,401 pounds in July 2023. In August 2024, LTL shipments per workday increased 7.0%, LTL tonnage per workday increased 8.2% and LTL weight per shipment increased 1.2% to 1,354 pounds compared to 1,339 pounds in August 2023. These results are consistent with our expectations as we continue to invest in our network.

These changes are summarized in the table below:

July 2024
versus July 2023
August 2024
versus August 2023
Quarter to Date (QTD)
2024 versus QTD 2023
LTL Shipments per workday10.6% 7.0% 8.5%
LTL Tonnage per workday5.0% 8.2% 6.6%
LTL Weight per shipment-5.0% 1.2% -1.8%

Actual third quarter and annual shipments, tonnage and weight per shipment could differ materially from the data expressed in this press release, including by reason of the risk factors included in Item 1A of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and in other filings with the Securities and Exchange Commission. The information herein speaks as of the date of this press release and is subject to change. Saia is under no obligation, and expressly disclaims any obligation to update or alter such information, whether as a result of new information, future events, or otherwise, except as required by law.



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