Saia Achieves Record Revenue with Strategic Expansion
Company Announcements

Saia Achieves Record Revenue with Strategic Expansion

An announcement from Saia ( (SAIA) ) is now available.

Saia, Inc. reported record third-quarter revenue of $842 million, marking an 8.6% increase from the previous year, driven by an 8.5% rise in daily shipments and strategic terminal expansions. Despite a slight decline in operating ratio, the company has successfully expanded its service to all 48 contiguous states, enhancing its value proposition in the LTL market. While macroeconomic uncertainty persists, Saia remains focused on growth through new terminal openings and maintaining strong pricing initiatives, further cementing its position as a leading national carrier.

See more insights into SAIA stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlySaia price target raised to $515 from $481 at Stephens
TheFlySaia price target raised to $460 from $405 at TD Cowen
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App