Shipments were down year over year in May at less-than-truckload carriers ODFL and Saia, but not by as much as in April, a sign the US industrial economy is beginning to improve.
Wednesday July 8, 2020
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Saia
Saia
Saia is an American LTL carrier that offers regional and interregional LTL, non-asset truckload service, and third-party logistics. Founded in 1924 with headquarters in Johns Creek, Georgia.
Saia and its subsidiaries — LTL Freight, Truckload Plus, and Logistics Services — employ 8,000 individuals and provide services to all 50 states as well as Canada, Mexico, and Puerto Rico. The truckload carrier has a network of 147 terminals across North America and delivers more than 25,000 daily shipments.
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Jul 16, 2020 2:00PM EDT
Jul 30, 2020 1:00PM EDT
Press Releases
04 Mar 2020
US business activity stumbled in February, according to IHS Markit, perhaps in part due to the new coronavirus disease. That put more pressure on less-than-truckload shipping volumes.
11 Feb 2020
XPO Logistics, Old Dominion Freight Line, and Saia are among LTL trucking companies that see encouraging, albeit modest and early, signs for economic growth in 2020.
31 Oct 2019
Multiregional LTL carrier Saia generated more revenue, volume, and profit through expansion into the Northeast and in ‘legacy’ markets.
18 Sep 2019
The second-largest US less-than-truckload company will add or expand eight terminals in the second half of 2019 as the LTL sector takes a long-haul view of the economy.
08 Aug 2019
Multiregional less-than-truckload carrier Saia is adding terminals in the US Northeast, building “capacity for growth.”
22 Apr 2019
The 50 largest US trucking operators grabbed a larger share of the market, while smaller carriers raised the bar in terms of revenue growth last year thanks to the strongest freight market since the 2009 recession.
26 Feb 2019
Double-digit revenue increases may be more difficult to come by this year than in 2018, but profits and acquisitions are expected to fuel the fastest-growing truckload and LTL companies.
13 Aug 2018
Shippers take note: concerning US less-than-truckload trucking companies’ pricing power in contract talks, it’s not the end. It’s not even the beginning of the end.
31 May 2018
Less-than-truckload carriers are in expansion mode as freight pours in from traditional and non-traditional sources. But will available industrial real estate limit their growth?
21 Feb 2018
By adding terminals and building density in areas such as Texas and the Northeast, less-than-truckload trucking company Saia is positioning its assets closer to capacity-hungry customers.
01 Aug 2017
A steady increase in freight volumes and e-commerce demand is fueling an expansion of LTL networks, with YRC Freight planning eight distribution centers.
13 Jun 2017
"We’re not going to go chase your pallet-rate customer,” Rick O'Dell says as Saia looks to add long-haul volume, density through Northeast expansion.
03 May 2017
Truckload and LTL carriers report higher number of shippers pressing for early contract talks amid concerns over capacity in second half.
01 May 2017
Trucking company Saia rolled into the US Northeast Monday.
09 Feb 2017
Large less-than-truckload carriers are rolling into 2017 on a firmer foundation and look to boost pricing.
29 Nov 2016
Companies such as Old Dominion Freight Line, Estes Express Line, and Saia are adding terminals and doors. Can they add more freight and market share?
26 Oct 2016
Cranking up profits and gaining freight, the multiregional less-than-truckload carrier looks to fill one of the last large gaps in its coverage.
15 Aug 2016
The crisis has challenged the transportation sector in the region, which is served from the north by Kansas City Southern Railway and from the west by BNSF Railway and Union Pacific Railroad. The over-the-road sector, though, has been hit the hardest.
01 Aug 2016
Despite lower volumes, many LTL carriers say they are still winning contractual rate increases.
25 May 2016
Freight costing "is a huge challenge," Estes Express Lines' chief operating officer told a technology conference.
02 May 2016
At a time when many transport operators say prices are being beaten down, less-than-truckload freight haulers in the U.S. are winning rate increases in annual contract bids.
09 Mar 2016
The first shoots of spring U.S. freight demand appeared in February, with Saia and Old Dominion Freight Line reporting increases in shipments that could signal stronger or at least more stable manufacturing and freight shipping activity.
08 Feb 2016
Saia was unable to ride pricing discipline to increased profitability in the fourth quarter as volume declines, which have hit other less-than-truckload operators, proved too much to overcome for the tenth-largest U.S. LTL carrier.
21 Nov 2015
Less-than-truckload shipments increased marginally in the first nine months of 2015, as freight revenue plummeted, thanks largely to the drop in fuel surcharges, SJ Consulting Group says.
29 Oct 2015
'Softening' freight demand affects all carriers, slowing growth at Old Dominion Freight Line and pushing down revenue and profit at Saia. Carriers are adapting to the slower paced economy.
29 Jul 2015
U.S. trucking companies continue to make more from less, with Saia, the 10th-largest U.S. less-than-truckload carrier, reporting bigger second-quarter profits on reduced revenue and tonnage.
01 May 2015
Despite sluggish volumes, higher pricing helped boost first-quarter earnings to record levels, freight carrier Saia reported this week.
16 Mar 2015
Truck drivers at the Stockton, California terminal of FedEx Freight, the largest U.S. trucking company, voted to join the Teamsters union, making Stockton the fourth terminal to go union since the start of an organizing campaign last fall. However, six terminals have rejected the union, and the Teamsters have withdrawn six election petitions.
04 Feb 2015
Saia's $25 million purchase of LinkEx, an intermodal logistics firm with international and domestic U.S. business, reflects growing interest in global freight among U.S. LTL carriers.
02 Feb 2015
LTL trucker Saia increased revenue and profit for 2014 and the fourth quarter. New equipment that captures the cubic dimension and weight of shipments helped.
01 Dec 2014
Pricing power and advances in technology are spurring innovation in LTL pricing, encouraging carriers to test out dimensional-weight pricing and other alternatives to class-based tariff rates as they seek more dynamic, flexible pricing models.
13 Nov 2014
The third quarter was good to practically all the publicly owned U.S. trucking companies: none reported losses, and their combined revenue rose 10.7 percent to more than $10 billion, supported by a second quarter of stronger freight demand and economic growth.
29 Oct 2014
Saia, the 10th-largest U.S. less-than-truckload carrier, increased tonnage, shipments, revenue and profit in the third quarter, and so far in the fourth quarter sees no signs of a slowdown.
27 Oct 2014
Strong industrial production and manufacturing output mean 'Happy Days' for LTL carriers, despite numerous challenges, the CEO of largest privately owned LTL carrier says.
10 Sep 2014
A fundamental improvement in the industrial U.S.
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