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In January, Saia observed an 11.8% rise in LTL shipments per workday, while LTL tonnage per workday went up by 3.3%. However, the LTL weight per shipment saw a decrease of 7.5%, with shipments averaging 1,334 pounds. February followed a similar trend, with LTL shipments per workday jumping 19.0% and LTL tonnage per workday climbing 11.0%. The weight per LTL shipment in February decreased by 6.7% to 1,311 pounds.
These figures indicate a robust start to the year for Saia, reflecting potentially increased demand for their shipping services. Despite these positive indicators, Saia has cautioned that actual quarterly and annual figures may materially differ from these early data points. This cautionary stance aligns with the company’s acknowledgment of various risk factors that could influence operational results, as detailed in their annual report and other filings with the Securities and Exchange Commission.
Saia has emphasized that the information provided in their statement is current as of the date of the press release and could be subject to change. The company has stated it has no obligation to update or alter the information, except as required by law.
Saia, headquartered in Georgia, operates 194 terminals and provides service across 45 states.
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