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