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Logistics services provider Saia ( NASDAQ: SAIA ) has reported LTL shipment and tonnage data for the first two months of the year. Final LTL shipments per workday declined 4.0% in January 2023, with LTL tonnage per workday down 3.7%. LTL weight per shipment grew 0.2% Y/Y to 1,442 ...
JOHNS CREEK, Ga., Feb. 27, 2023 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced today that Saia LTL Freight now provides next-day service in 435 lanes across its Northeast and Mid-Atlantic markets. Saia added an additional 78 lanes to its next-day service effective today. The service enhan...
JOHNS CREEK, Ga., Feb. 13, 2023 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced today that Saia LTL Freight has opened new terminals in both Morgantown and Princeton, West Virginia. With the addition of these two locations, the company now operates three facilities within the state as it c...
Summary Wedgewood Partners is a money manager founded in 1988 with the goal of providing investors with a superior approach to managing investment portfolios. The results for the typical investor in 2022 were likely worse still as many investors (including Wedgewood) had a meaningful we...
Summary Despite our largest holding declining sharply during the month, gains elsewhere in the portfolio helped overall performance. I remain optimistic for the year ahead and our investment strategy. The apparent return of the meme-stock mania has led to somewhat of a short-squeeze...
JOHNS CREEK, Ga., Feb. 06, 2023 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced today that Saia LTL Freight has opened a new terminal in the city of Edwardsville, Kansas. With nearly 140 doors, this will be the second facility for the carrier in the Kansas City metropolitan area. ...
Saia ( NASDAQ: SAIA ) has closed on a new unsecured revolving credit facility with committed borrowing capacity of $300M and an incremental $150M accordion feature. This credit facility replaces the existing secured $300M revolving credit facility, which was scheduled to mature in...
JOHNS CREEK, Ga., Feb. 06, 2023 (GLOBE NEWSWIRE) -- Saia, Inc. (NASDAQ: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today announced that it has closed on a new unsecured revolving credit facility...
Saia, Inc. (SAIA) Q4 2022 Earnings Conference Call February 3, 2023 11:00 AM ET Company Participants Doug Col - Executive President and Chief Financial Officer Fritz Holzgrefe - President and Chief Executive Officer Conference Call Participants Todd Fowler - Ke...
Saia press release ( NASDAQ: SAIA ): Q4 GAAP EPS of $2.65 misses by $0.15 . Revenue of $655.73M (+6.3% Y/Y) beats by $3.61M . Operating ratio of 85.9% compared to 84.2%. LTL shipments per workday decreased 8.2%. LTL tonnage per workday decreased 7.7%. LTL r...
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JOHNS CREEK, Ga., July 22, 2024 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) is thrilled to announce the opening of Saia LTL Freight’s newest terminals in Stockton, California, and Davenport, Iowa. These openings represent another significant step in Saia's strategic plan to enhance servic...
JOHNS CREEK, Ga., July 09, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced that it will release its quarterly financial results before the market ope...
2024-06-29 11:02:00 ET Motor carrier Old Dominion Freight Line (NASDAQ: ODFL) has quietly put together a remarkable run. Shares in its stock have increased over 13,000% since 2003 on a split-adjusted basis. Stock splits have been an important aspect of Old Dominion's rise. The compa...