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home / news releases / SAIA - Saia Inc. (SAIA) Q2 2024 Earnings Call Transcript


SAIA - Saia Inc. (SAIA) Q2 2024 Earnings Call Transcript

2024-07-26 19:09:08 ET

Saia, Inc. (SAIA)

Q2 2024 Earnings Conference Call

July 26, 2024, 10:00 AM ET

Company Participants

Matt Batteh - Executive Vice President & Chief Financial Officer

Fritz Holzgrefe - President and Chief Executive Officer

Conference Call Participants

Ken Hoexter - Bank of America

Daniel Imbro - Stephens

Fadi Chamoun - BMO Capital Markets

Chris Wetherbee - Wells Fargo

Tom Wadewitz - UBS

Jon Chappell - Evercore ISI

Jordan Alliger - Goldman Sachs

Ravi Shanker - Morgan Stanley

Eric Morgan - Barclays

Uday Khanapurkar - TD Cowen

Brian Ossenbeck - JPMorgan

Matt Milask - Stifel

Stephanie Moore - Jefferies

Bascome Majors - Susquehanna

Presentation

Operator

Good morning, ladies and gentlemen, and thank you for standing by. My name is Abby, and I will be your conference operator today. At this time, I would like to welcome everyone to the Saia, Inc. Second Quarter 2024 Earnings Conference Call. [Operator Instructions]

And I would now like to turn the conference over to Mr. Matt Batteh, Executive Vice President and Chief Financial Officer. You may begin.

Matt Batteh

Thank you, Abby. Good morning, everyone. Welcome to Saia's second quarter 2024 conference call.

With me for today's call is Saia's President and Chief Executive Officer, Fritz Holzgrefe.

Before we begin, you should know that during this call, we may make some forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements and all other statements that might be made on this call that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially. We refer you to our press release and our SEC filings for more information on the exact risk factors that could cause actual results to differ.

I will now turn the call over to Fritz for some opening comments.

Fritz Holzgrefe

Good morning, and thank you for joining us to discuss Saia's second quarter results.

While underlying macro trends remain tepid in our view, our year-over-year results in the second quarter continue to reflect the growth experienced since last summer. In the quarter, we averaged approximately 36,400 shipments per day compared to approximately 31,000 per day last year, an increase of 18%....

For further details see:

Saia, Inc. (SAIA) Q2 2024 Earnings Call Transcript

Stock Information

Company Name: Saia Inc.
Stock Symbol: SAIA
Market: NASDAQ
Website: saia.com

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