Saia

CFO Col: ‘We’re not upset when we have to use it’

Operating income up 21.7% while revenue up just 2.7%; performance far better than Wall Street forecasts

Deutsche Bank’s geofencing data shows less-than-truckload terminal activity at XPO accelerated during the third quarter while other carriers saw moderation.

With many data points sitting at cycle highs, several industry participants are calling for the trucking market’s bull rally to last well into 2021.

Numbers for the division were far worse than those of peers like Old Dominion and Saia; Deutsche Bank recommends breakup of the company

In today’s edition of The Daily Dash, second-quarter earnings are coming fast and furious, and if you are looking to them for definitive answers on the economy, you might be disappointed. Plus, how hackable are ELDs and why is diesel engine maker Cummins so interested in hydrogen?

Saia Inc. has a market capitalization of $3.33 billion and has 169 trucking terminals in 44 states.

Deutsche Bank geofencing data shows the less-than-truckload recovery off of an April bottom spills into June.

Zach and Anthony review some of the latest company earnings and a major economic releases which have yet to reveal the full story of the COVID-19 impact on the freight economy.

With the belt tightened at YRC, a covenant waiver and benefits contribution deferral are still required.

Most companies are right near the 25% decline in the market since February 1.

Many freight and logistics providers have reported weak earnings in the past few weeks. Due to the current operating environment, these totals were expected and investors have begun buying into the second half recovery story.

Saia’s q4 EPS comes in light. Operating income, operating ratio hit by higher expenses on multiple fronts

Saia’s CFO leaves after just 8 months to return to reefer warehousing firm Americold

Saia, Old Dominion fourth quarter updates show that one may be gaining at the expense of the other

Saia’s expansion in the Northeast U.S. had its risks but appears to be paying off

But a lot depends on stabilizing global growth and an industrial recovery in the United States.

Saia Inc. (NASDAQ: SAIA) reported that its revenues and operating income were up in the second quarter of 2019. Headquartered in Johns Creek, Georgia, the less-than-truckload (LTL) carrier reported an 8.3 percent increase in revenue to $464.2 million and a 23.1 percent jump in its operating revenue to $51.2 million in the second quarter. Saia, […]

Saia’s interim report also showed a slowdown in LTL activity.

As the price of diesel continues to hover around $3.16 per gallon nationwide, trucking companies are investing in solutions to improve fuel mileage.