Saia's Tonnage Growth Returns; Margin Improvement Likely This Year
Saia ranks among the 10 largest less-than-truckload carriers by revenue and is a top-tier operator in terms of profitability and network service quality. Pure-play public competitors of similar quality include XPO, FedEx Freight, and best-in-class Old Dominion. Saia was historically a superregional carrier, serving 34 states across the South, Southwest, Midwest, Pacific Northwest, and West. In 2017, it launched an organic expansion strategy into the Northeast while boosting door capacity and service capabilities in existing regions that have good long-term growth prospects, such as Dallas and Atlanta. On top of that, Saia purchased several former Yellow-owned terminals at auction in 2024.
United States