Saia (SAIA)
Market Price (9/23/2026): $347.31 | Market Cap: $9.3 BilSector: Industrials | Industry: Cargo Ground Transportation
Saia (SAIA)
Market Price (9/23/2026): $347.31Market Cap: $9.3 BilSector: IndustrialsIndustry: Cargo Ground Transportation
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18% Low stock price volatilityVol 12M is 47% Megatrend and thematic driversMegatrends include Future of Freight, Automation & Robotics, and E-commerce & Digital Retail. Themes include Freight Technology, Show more. | Weak multi-year price returns2Y Excs Rtn is -58%, 3Y Excs Rtn is -89% | Key risksSAIA key risks include [1] squeezed operating margins from rising costs that have outpaced revenue growth and [2] a strained balance sheet from high capital expenditures and increased debt tied to its aggressive network expansion. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18% |
| Low stock price volatilityVol 12M is 47% |
| Megatrend and thematic driversMegatrends include Future of Freight, Automation & Robotics, and E-commerce & Digital Retail. Themes include Freight Technology, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -58%, 3Y Excs Rtn is -89% |
| Key risksSAIA key risks include [1] squeezed operating margins from rising costs that have outpaced revenue growth and [2] a strained balance sheet from high capital expenditures and increased debt tied to its aggressive network expansion. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 9/4/2026
Saia (SAIA) stock has lost about 25% since 5/31/2026 because of the following key factors:
1. Analyst Price Target Reductions and Shift in Sentiment.
Despite Saia reporting strong fiscal Q2 2026 financial results on July 30, 2026, which included a diluted earnings per share of $3.51 (beating estimates by $0.13) and a 17.1% year-over-year revenue increase to $956.5 million, several analyst firms subsequently lowered their price targets for the stock. For instance, Wells Fargo & Company reduced its price objective from $490.00 to $400.00 on July 31, 2026, and Citigroup decreased its target price from $488.00 to $423.00 on August 4, 2026. BofA Securities also lowered its price target from $450.00 to $400.00 on September 4, 2026. These adjustments indicate a more cautious outlook on the stock's future valuation by analysts, potentially contributing to the stock's decline.
2. Perceived Overvaluation of the Stock.
Even with strong operational performance and positive fiscal Q2 2026 results, the market may have perceived Saia's stock as overvalued. As of September 5, 2026, Saia traded at a price-to-earnings (P/E) ratio of approximately 34.3x. This was significantly higher than its estimated fair P/E ratio of about 18.7x, suggesting that the stock was priced at a premium relative to its intrinsic value and historical valuation metrics. This valuation gap could have prompted investors to take profits or re-evaluate their positions, leading to a downward trend in the stock price.
Show more
Saia (SAIA) stock has lost about 25% since 5/31/2026 because of the following key factors:
1. Analyst Price Target Reductions and Shift in Sentiment.
Despite Saia reporting strong fiscal Q2 2026 financial results on July 30, 2026, which included a diluted earnings per share of $3.51 (beating estimates by $0.13) and a 17.1% year-over-year revenue increase to $956.5 million, several analyst firms subsequently lowered their price targets for the stock. For instance, Wells Fargo & Company reduced its price objective from $490.00 to $400.00 on July 31, 2026, and Citigroup decreased its target price from $488.00 to $423.00 on August 4, 2026. BofA Securities also lowered its price target from $450.00 to $400.00 on September 4, 2026. These adjustments indicate a more cautious outlook on the stock's future valuation by analysts, potentially contributing to the stock's decline.
2. Perceived Overvaluation of the Stock.
Even with strong operational performance and positive fiscal Q2 2026 results, the market may have perceived Saia's stock as overvalued. As of September 5, 2026, Saia traded at a price-to-earnings (P/E) ratio of approximately 34.3x. This was significantly higher than its estimated fair P/E ratio of about 18.7x, suggesting that the stock was priced at a premium relative to its intrinsic value and historical valuation metrics. This valuation gap could have prompted investors to take profits or re-evaluate their positions, leading to a downward trend in the stock price.
Show more
Updated on 9/4/2026
Saia (SAIA) stock has lost about 25% since 5/31/2026 because of the following key factors:
1. Analyst Price Target Reductions and Shift in Sentiment.
Despite Saia reporting strong fiscal Q2 2026 financial results on July 30, 2026, which included a diluted earnings per share of $3.51 (beating estimates by $0.13) and a 17.1% year-over-year revenue increase to $956.5 million, several analyst firms subsequently lowered their price targets for the stock. For instance, Wells Fargo & Company reduced its price objective from $490.00 to $400.00 on July 31, 2026, and Citigroup decreased its target price from $488.00 to $423.00 on August 4, 2026. BofA Securities also lowered its price target from $450.00 to $400.00 on September 4, 2026. These adjustments indicate a more cautious outlook on the stock's future valuation by analysts, potentially contributing to the stock's decline.
2. Perceived Overvaluation of the Stock.
Even with strong operational performance and positive fiscal Q2 2026 results, the market may have perceived Saia's stock as overvalued. As of September 5, 2026, Saia traded at a price-to-earnings (P/E) ratio of approximately 34.3x. This was significantly higher than its estimated fair P/E ratio of about 18.7x, suggesting that the stock was priced at a premium relative to its intrinsic value and historical valuation metrics. This valuation gap could have prompted investors to take profits or re-evaluate their positions, leading to a downward trend in the stock price.
3. Broader LTL Market Dynamics and Macroeconomic Headwinds.
While Saia demonstrated company-specific strength, with LTL tonnage per workday increasing 7.8% in July 2026 and 8.7% in August 2026 year-over-year, the broader Less-Than-Truckload (LTL) freight market faced tightening conditions and potential macroeconomic headwinds. The LTL market has been experiencing structural capacity constraints, partly due to the bankruptcy of Yellow Corporation in mid-2023, which removed approximately 12% of national LTL capacity. Additionally, the Institute for Supply Management's Manufacturing PMI, an indicator for the trucking industry, showed its new orders subindex falling 3 points to 53.7 in August 2026, which typically lags carrier tonnage by three months and could signal a slowdown in future demand. These broader industry and economic concerns likely contributed to a more cautious investor sentiment for the sector as a whole.
Show less
Saia (SAIA) stock has lost about 25% since 5/31/2026 because of the following key factors:
1. Analyst Price Target Reductions and Shift in Sentiment.
Despite Saia reporting strong fiscal Q2 2026 financial results on July 30, 2026, which included a diluted earnings per share of $3.51 (beating estimates by $0.13) and a 17.1% year-over-year revenue increase to $956.5 million, several analyst firms subsequently lowered their price targets for the stock. For instance, Wells Fargo & Company reduced its price objective from $490.00 to $400.00 on July 31, 2026, and Citigroup decreased its target price from $488.00 to $423.00 on August 4, 2026. BofA Securities also lowered its price target from $450.00 to $400.00 on September 4, 2026. These adjustments indicate a more cautious outlook on the stock's future valuation by analysts, potentially contributing to the stock's decline.
2. Perceived Overvaluation of the Stock.
Even with strong operational performance and positive fiscal Q2 2026 results, the market may have perceived Saia's stock as overvalued. As of September 5, 2026, Saia traded at a price-to-earnings (P/E) ratio of approximately 34.3x. This was significantly higher than its estimated fair P/E ratio of about 18.7x, suggesting that the stock was priced at a premium relative to its intrinsic value and historical valuation metrics. This valuation gap could have prompted investors to take profits or re-evaluate their positions, leading to a downward trend in the stock price.
3. Broader LTL Market Dynamics and Macroeconomic Headwinds.
While Saia demonstrated company-specific strength, with LTL tonnage per workday increasing 7.8% in July 2026 and 8.7% in August 2026 year-over-year, the broader Less-Than-Truckload (LTL) freight market faced tightening conditions and potential macroeconomic headwinds. The LTL market has been experiencing structural capacity constraints, partly due to the bankruptcy of Yellow Corporation in mid-2023, which removed approximately 12% of national LTL capacity. Additionally, the Institute for Supply Management's Manufacturing PMI, an indicator for the trucking industry, showed its new orders subindex falling 3 points to 53.7 in August 2026, which typically lags carrier tonnage by three months and could signal a slowdown in future demand. These broader industry and economic concerns likely contributed to a more cautious investor sentiment for the sector as a whole.
Show less
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Stock Movement Drivers
Fundamental Drivers
The -26.2% change in SAIA stock from 5/31/2026 to 9/22/2026 was primarily driven by a -32.3% change in the company's P/E Multiple.| (LTM values as of) | 5312026 | 9222026 | Change |
|---|---|---|---|
| Stock Price ($) | 472.37 | 348.38 | -26.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,253 | 3,392 | 4.3% |
| Net Income Margin (%) | 7.8% | 8.2% | 4.5% |
| P/E Multiple | 49.6 | 33.6 | -32.3% |
| Shares Outstanding (Mil) | 27 | 27 | -0.1% |
| Cumulative Contribution | -26.2% |
Market Drivers
5/31/2026 to 9/22/2026| Return | Correlation | |
|---|---|---|
| SAIA | -26.2% | |
| Market (SPY) | 2.5% | 26.5% |
| Sector (XLI) | -1.4% | 33.9% |
Fundamental Drivers
The -14.1% change in SAIA stock from 2/28/2026 to 9/22/2026 was primarily driven by a -21.1% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 9222026 | Change |
|---|---|---|---|
| Stock Price ($) | 405.39 | 348.38 | -14.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,234 | 3,392 | 4.9% |
| Net Income Margin (%) | 7.9% | 8.2% | 3.9% |
| P/E Multiple | 42.5 | 33.6 | -21.1% |
| Shares Outstanding (Mil) | 27 | 27 | -0.1% |
| Cumulative Contribution | -14.1% |
Market Drivers
2/28/2026 to 9/22/2026| Return | Correlation | |
|---|---|---|
| SAIA | -14.1% | |
| Market (SPY) | 13.3% | 43.5% |
| Sector (XLI) | -3.4% | 50.7% |
Fundamental Drivers
The 17.5% change in SAIA stock from 8/31/2025 to 9/22/2026 was primarily driven by a 22.8% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 9222026 | Change |
|---|---|---|---|
| Stock Price ($) | 296.46 | 348.38 | 17.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,236 | 3,392 | 4.8% |
| Net Income Margin (%) | 9.0% | 8.2% | -8.6% |
| P/E Multiple | 27.3 | 33.6 | 22.8% |
| Shares Outstanding (Mil) | 27 | 27 | -0.1% |
| Cumulative Contribution | 17.5% |
Market Drivers
8/31/2025 to 9/22/2026| Return | Correlation | |
|---|---|---|
| SAIA | 17.5% | |
| Market (SPY) | 21.2% | 37.9% |
| Sector (XLI) | 13.5% | 49.9% |
Fundamental Drivers
The -18.3% change in SAIA stock from 8/31/2023 to 9/22/2026 was primarily driven by a -33.2% change in the company's Net Income Margin (%).| (LTM values as of) | 8312023 | 9222026 | Change |
|---|---|---|---|
| Stock Price ($) | 426.20 | 348.38 | -18.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,740 | 3,392 | 23.8% |
| Net Income Margin (%) | 12.3% | 8.2% | -33.2% |
| P/E Multiple | 33.8 | 33.6 | -0.6% |
| Shares Outstanding (Mil) | 27 | 27 | -0.5% |
| Cumulative Contribution | -18.3% |
Market Drivers
8/31/2023 to 9/22/2026| Return | Correlation | |
|---|---|---|
| SAIA | -18.3% | |
| Market (SPY) | 78.3% | 39.5% |
| Sector (XLI) | 64.3% | 47.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SAIA Return | 86% | -38% | 109% | 4% | -28% | 7% | 92% |
| Peers Return | 75% | -24% | 61% | -1% | -2% | 33% | 177% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 107% |
Monthly Win Rates [3] | |||||||
| SAIA Win Rate | 67% | 33% | 67% | 67% | 50% | 56% | |
| Peers Win Rate | 72% | 37% | 62% | 45% | 52% | 51% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 56% | |
Max Drawdowns [4] | |||||||
| SAIA Max Drawdown | -21% | -49% | -22% | -39% | -53% | -32% | |
| Peers Max Drawdown | -19% | -36% | -25% | -27% | -38% | -24% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ODFL, XPO, ARCB, KNX, JBHT. See SAIA Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/22/2026 (YTD)
How Low Can It Go
| Event | SAIA | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -50.3% | -18.8% |
| % Gain to Breakeven | 101.3% | 23.1% |
| Time to Breakeven | 398 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -16.5% | -7.8% |
| % Gain to Breakeven | 19.8% | 8.5% |
| Time to Breakeven | 37 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -13.2% | -9.5% |
| % Gain to Breakeven | 15.2% | 10.5% |
| Time to Breakeven | 17 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -45.8% | -24.5% |
| % Gain to Breakeven | 84.3% | 32.4% |
| Time to Breakeven | 358 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -33.8% | -33.7% |
| % Gain to Breakeven | 51.1% | 50.9% |
| Time to Breakeven | 27 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -28.9% | -19.2% |
| % Gain to Breakeven | 40.7% | 23.8% |
| Time to Breakeven | 223 days | 105 days |
In The Past
Saia's stock fell -50.3% during the 2025 US Tariff Shock. Such a loss loss requires a 101.3% gain to breakeven.
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Asset Allocation
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| Event | SAIA | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -50.3% | -18.8% |
| % Gain to Breakeven | 101.3% | 23.1% |
| Time to Breakeven | 398 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -45.8% | -24.5% |
| % Gain to Breakeven | 84.3% | 32.4% |
| Time to Breakeven | 358 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -33.8% | -33.7% |
| % Gain to Breakeven | 51.1% | 50.9% |
| Time to Breakeven | 27 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -28.9% | -19.2% |
| % Gain to Breakeven | 40.7% | 23.8% |
| Time to Breakeven | 223 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -53.1% | -12.2% |
| % Gain to Breakeven | 113.3% | 13.9% |
| Time to Breakeven | 300 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -59.3% | -6.8% |
| % Gain to Breakeven | 145.7% | 7.3% |
| Time to Breakeven | 324 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -43.1% | -17.9% |
| % Gain to Breakeven | 75.8% | 21.8% |
| Time to Breakeven | 123 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -47.9% | -53.4% |
| % Gain to Breakeven | 91.9% | 114.4% |
| Time to Breakeven | 134 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -42.3% | -8.6% |
| % Gain to Breakeven | 73.2% | 9.5% |
| Time to Breakeven | 2016 days | 47 days |
In The Past
Saia's stock fell -50.3% during the 2025 US Tariff Shock. Such a loss loss requires a 101.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Saia (SAIA)
Saia, Inc. (SAIA) is a transportation company operating across North America. Its primary business revolves around providing less-than-truckload (LTL) services, catering to businesses that need to ship freight too large for standard parcel delivery but not enough to fill an entire truck.
The company's core LTL offering handles shipments typically ranging between 400 and 10,000 pounds, making it a crucial service for a wide array of commercial customers. In addition to LTL, Saia offers other value-added logistics services, including non-asset truckload solutions, expedited shipping for time-sensitive deliveries, and broader logistics management capabilities, serving the diverse freight movement needs of businesses throughout North America.
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- Like UPS or FedEx, but specializing in transporting larger, pallet-sized business shipments across North America, rather than small packages.
- Think of it as an Uber or Lyft for commercial freight, efficiently consolidating multiple businesses' medium-sized shipments onto trucks.
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- Less-than-Truckload (LTL) Services: Provides transportation for shipments typically ranging from 400 to 10,000 pounds.
- Non-Asset Truckload Services: Offers full truckload transportation solutions, often leveraging third-party carriers without owning the assets directly.
- Expedited Services: Delivers time-sensitive shipments with faster transit times.
- Logistics Services: Provides comprehensive supply chain management and coordination services to clients.
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Saia (SAIA) primarily serves other businesses rather than individuals. As a less-than-truckload (LTL) transportation company, its services are utilized by a wide array of commercial and industrial customers for shipping goods.
Saia does not publicly disclose specific "major customers" by name, as its customer base is highly diversified across numerous industries. No single customer accounts for a material percentage of its total revenue, and therefore, specific major customers are not identified in its public filings.
However, Saia's customer base includes businesses from various sectors that require freight shipping services. These categories of customers include:
- Manufacturing companies
- Retailers and wholesale distributors
- E-commerce businesses
Additionally, Saia serves companies in specialized industries such as the chemical, automotive, and food and beverage sectors, providing essential logistics and transportation for their goods across North America.
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Frederick Holzgrefe President and Chief Executive Officer
Frederick Holzgrefe became President and Chief Executive Officer of Saia in April 2020, having previously served as President and Chief Operating Officer from January 2019, and as Chief Financial Officer from 2014. Before joining Saia, he held roles as Vice President of Business Development and prior to that, Vice President and CFO for a Georgia subsidiary of a major agricultural processor (Golden Peanut Company). His career also includes experience in the food and technology industries, as well as in banking and financial advisory services. He managed Financial Planning and Analysis for Commworks Division of 3Com and was a Senior Finance Manager for The Pillsbury Company, and a Senior Associate for Coopers & Lybrand.
Matthew Batteh Executive Vice President and Chief Financial OfficerMatthew Batteh was promoted to Executive Vice President and Chief Financial Officer of Saia in May 2024, succeeding Douglas Col. He joined Saia in 2015 and has held various roles within the company, including Vice President of Finance since 2023 and Vice President of Pricing and Analytics from 2020 to 2023. Prior to his tenure at Saia, Mr. Batteh began his career at another large transportation and logistics provider (UPS), where he worked in planning, pricing, and operations.
Raymond Ramu Executive Vice President and Chief Customer OfficerRaymond Ramu was appointed Chief Customer Officer of Saia in 2015 and later named Executive Vice President in 2017. In this role, he is responsible for the strategic direction and management of the customer relationship. Before these appointments, he served as Saia's Vice President of Sales, Eastern Division, starting in 2008. Mr. Ramu started his career in the freight industry at the age of 20 with a regional less-than-truckload carrier.
Patrick Sugar Executive Vice President of OperationsPatrick Sugar joined Saia in 2016 and currently serves as Executive Vice President of Operations. In this position, he oversees the operations of all divisions, regions, and facilities, working closely with the CEO and other executive leaders. Prior to joining Saia, he had a career in engineering and operations management within a prominent packaged goods company. He also held the role of Saia's Vice President of Linehaul and Industrial Engineering, where he was involved in developing and implementing key technologies and strategic planning.
Anthony Norwood Executive Vice President and Chief Human Resources OfficerAnthony Norwood was named Executive Vice President and Chief Human Resources Officer at Saia, effective March 2, 2022. He is responsible for all aspects of human resources and the development of the company's human capital strategy. Before Saia, Mr. Norwood held the position of Vice President of HR – Corporate at Trane Technologies from 2020 to 2022 and various HR executive roles at Ingersoll Rand from 2008 to 2020. His earlier career includes HR positions of increasing responsibility at Coca-Cola Bottling Co. Consolidated, Merck & Co., Lucent Technologies' New Ventures Group, and Amoco Corporation.
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Here are the key risks to Saia's business:
- General Economic Conditions and Freight Demand Fluctuations: Saia's business is highly sensitive to overall economic conditions, including inflationary pressures, economic downturns, and changes in freight demand. These factors can directly impact shipment volumes, pricing power, and ultimately, the company's revenue and profitability.
- Rising Operating Costs: The company faces significant risks from increasing operating costs, particularly volatile fuel prices, rising labor expenses (wages and benefits), and higher insurance costs. These direct costs can erode profit margins and challenge the company's financial performance.
- Operational Challenges Inherent in LTL Shipping: As an LTL carrier, Saia is exposed to operational risks such as a higher likelihood of freight damage, loss, and shipping delays due to the multiple handling points involved in the less-than-truckload model. These issues can lead to increased claims, diminished customer satisfaction, and operational inefficiencies.
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- The rapid emergence and development of autonomous trucking technology, which could fundamentally alter operational costs, labor requirements, and competitive dynamics within the long-haul segments that often feed into less-than-truckload (LTL) networks.
- The increasing market penetration and technological sophistication of digital freight brokerage platforms (sometimes referred to as "Uber for freight"), which leverage technology to connect shippers and carriers more efficiently, increasing price transparency and potentially disintermediating traditional LTL and non-asset logistics services offered by companies like Saia.
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Saia (symbol: SAIA) operates in several key segments of the North American transportation and logistics market. The addressable markets for their main products and services are outlined below:
- Less-than-truckload (LTL) services: The United States less-than-truckload market was valued at approximately USD 114 billion in 2025. The North America less-than-truckload market generated a revenue of approximately USD 84.63 billion in 2024 and is expected to reach approximately USD 120.55 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.1% from 2025 to 2030.
- Non-asset truckload services: For full-truckload services, the United States full-truck-load market is estimated at USD 448.65 billion in 2025 and is projected to reach USD 547.89 billion by 2031. The North America road freight transport market, which encompasses both LTL and FTL, is expected to increase from USD 660.24 billion in 2025 to USD 686.58 billion in 2026, reaching USD 839.77 billion by 2031.
- Expedited services: The United States express delivery market was valued at USD 96.30 billion in 2025 and is estimated to grow to USD 127.05 billion by 2031. The North America express delivery market holds a value of USD 114.6 billion.
- Logistics services: The U.S. logistics market was valued at USD 485 billion in 2025 and is projected to reach USD 854.85 billion by 2034. The North America logistics market reached approximately USD 2,398.14 billion in 2025 and is expected to attain a value of USD 4,019.37 billion by 2035, with a CAGR of 5.30% during the forecast period of 2026-2035.
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Saia (SAIA) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:
- Network Expansion and New Terminals: Saia has been actively expanding its Less-Than-Truckload (LTL) network by opening new terminals. In 2024, the company opened 21 new terminals, including several acquired from Yellow Corp., expanding its national network to 213 locations. This expansion into newer, "ramping markets" has been a primary driver of increased revenue tonnage and shipments.
- Increased Market Share through National Network: The expanded national network positions Saia to better serve its existing enterprise customers by accommodating new lanes as these customers grow. It also allows Saia to more effectively compete for freight from national shippers, thereby increasing its overall market share and building density within its network.
- Strategic Pricing and Strong Contract Renewals: Saia anticipates implementing pricing strategies that stay ahead of cost inflation. The company has demonstrated strong pricing power, with contractual rate increases averaging 4.9% in the fourth quarter of 2025 and 6.6% in January 2026. Furthermore, customer retention rates following general rate increases (GRIs) have been notably high, exceeding 90%, which is above historical levels.
- Operational Efficiencies and Technology Investments: Saia plans to continue leveraging technology and focusing on network optimization to enhance operational efficiency and customer satisfaction. While not a direct revenue generator, these investments are crucial for improving service quality, managing costs, and increasing capacity utilization, which indirectly supports revenue growth by allowing for higher volumes and competitive service offerings.
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Capital Allocation Decisions for Saia (SAIA)
Share Issuance
- In early 2024, Saia executed a secondary equity offering, raising $1 billion gross to fund the acquisition of Yellow Corporation assets, which resulted in a slight dilution of existing ownership.
Outbound Investments
- In January 2024, Saia acquired 17 freight terminals and leased an additional 11 terminals through the Chapter 11 bankruptcy proceedings of Yellow Corporation. This acquisition contributed to approximately $235.7 million of Saia's capital expenditures in 2024.
Capital Expenditures
- Saia's net capital expenditures were approximately $1.04 billion in 2024, a significant increase from $437.2 million in 2023 and $365.5 million in 2022.
- Capital expenditures for 2024 focused on real estate, revenue equipment, and technology, including $235.7 million specifically for the acquisition of properties from Yellow Corporation. The investment supported the expansion of Saia's network, enabling direct service to new geographies and enhancing its national footprint.
- For 2025, net capital expenditures were $544.1 million, down from 2024, and anticipated capital expenditures for 2026 are projected to be between $350 million and $400 million. Over the past five years (up to December 31, 2025), Saia invested over $2.5 billion in capital expenditures, primarily for real estate, revenue equipment, and technology.
Peer Outperformance in Cargo Ground Transportation
SAIA has outperformed 60% of its 15 Cargo Ground Transportation peers over 5Y. Among the peers that beat it is XPO. Cargo Ground Transportation ranks 9th of 23 industries in Industrials by median 5Y return.
Share of Cargo Ground Transportation constituents that SAIA has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
17%
of 18 industry peers · 15.0% return
3Y
31%
of 16 industry peers · -9.9% return
5Y
60%
of 15 industry peers · 43.2% return
Cargo Ground Transportation peers with revenue growth within 4pp of SAIA's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| SAIA | Saia | 7.5% | 33.6x | 15.0% | -9.9% | 43.2% | — |
| XPO | XPO | 4.1% | 51.5x | 35.3% | 159.0% | 239.5% | +196pp |
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Industrials sector, ranked by 5Y. Cargo Ground Transportation is SAIA's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 4.9% | 113.4% | 189.3% | STRL 2263% · CDNL 2216% · FIX 2188% |
| Marine Transportation | 9 | 75.9% | 107.9% | 157.6% | HOS 44163% · ASC 540% · MATX 195% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 5.8% | 51.3% | 128.1% | CAT 348% · ALSN 247% · WAB 234% |
| Aerospace & Defense | 56 | -6.7% | 74.0% | 73.2% | ATI 1012% · FTAI 956% · HWM 621% |
| Trading Companies & Distributors | 19 | 8.8% | 43.2% | 59.2% | DXPE 563% · AIT 295% · WCC 220% |
| Rail Transportation | 7 | 24.1% | 55.7% | 52.3% | FSTR 144% · CSX 65% · RAIL 63% |
| Industrial Machinery & Supplies & Components | 73 | 9.4% | 55.0% | 38.9% | CRS 1184% · PSIX 1105% · EROC 637% |
| Diversified Support Services | 33 | 11.4% | 36.2% | 34.5% | LIME 3198% · TH 445% · WLFC 358% |
| Cargo Ground Transportation ← | 16 | 35.3% | 0.2% | 29.7% | XPO 240% · R 228% · CVLG 155% |
| Electrical Components & Equipment | 41 | -1.0% | 62.2% | 24.6% | POWL 2390% · BE 1308% · VRT 957% |
| Building Products | 34 | -13.8% | 1.8% | 18.9% | LMB 638% · GFF 399% · PPIH 291% |
| Passenger Ground Transportation | 3 | -31.7% | 49.9% | 4.9% | UBER 54% · CAR 5% · LYFT -73% |
| Industrial Conglomerates | 17 | 12.1% | 9.3% | 2.7% | RCMT 455% · CSW 148% · DD 76% |
| Agricultural & Farm Machinery | 17 | 2.1% | 3.8% | -5.6% | BLBD 191% · DE 114% · GENC 62% |
| Environmental & Facilities Services | 29 | -9.4% | 21.8% | -6.3% | CECO 958% · ADUR 422% · NVRI 350% |
| Research & Consulting Services | 14 | -15.6% | -24.4% | -12.9% | HURN 205% · CRAI 73% · GRNQ 62% |
| Data Processing & Outsourced Services | 6 | -33.8% | -15.3% | -26.3% | EXLS 42% · BR 6% · G -25% |
| Passenger Airlines | 11 | 10.5% | 22.0% | -29.9% | LTM 3123% · UAL 143% · SKYW 107% |
| Office Services & Supplies | 9 | 8.6% | 13.0% | -34.5% | PBI 171% · TILE 145% · HNI 52% |
| Human Resource & Employment Services | 22 | 4.2% | -14.1% | -37.6% | BBSI 84% · ADP 50% · PAYX 21% |
| Air Freight & Logistics | 12 | -23.0% | -20.9% | -39.3% | CHRW 90% · FDX 78% · EXPD 59% |
| Security & Alarm Services | 10 | -24.5% | 17.1% | -46.6% | CIX 161% · MG 127% · NL 75% |
| Airport Services | 3 | -73.9% | -77.8% | -61.5% | JOBY -39% · ASLE -62% · UP -100% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
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Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 177.49 |
| Mkt Cap | 15.8 |
| Rev LTM | 6,666 |
| Op Inc LTM | 609 |
| FCF LTM | 567 |
| FCF 3Y Avg | 121 |
| CFO LTM | 1,240 |
| CFO 3Y Avg | 954 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 4.5% |
| Rev Chg 3Y Avg | 1.1% |
| Rev Chg Q | 14.5% |
| QoQ Delta Rev Chg LTM | 3.7% |
| Op Inc Chg LTM | 6.6% |
| Op Inc Chg 3Y Avg | -5.0% |
| Op Mgn LTM | 8.7% |
| Op Mgn 3Y Avg | 8.0% |
| QoQ Delta Op Mgn LTM | 0.5% |
| CFO/Rev LTM | 15.3% |
| CFO/Rev 3Y Avg | 12.6% |
| FCF/Rev LTM | 7.3% |
| FCF/Rev 3Y Avg | 2.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 15.8 |
| P/S | 2.1 |
| P/Op Inc | 24.8 |
| P/EBIT | 26.4 |
| P/E | 42.6 |
| P/CFO | 14.7 |
| Total Yield | 2.5% |
| Dividend Yield | 0.5% |
| FCF Yield 3Y Avg | 1.7% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -8.1% |
| 3M Rtn | -11.2% |
| 6M Rtn | 10.8% |
| 12M Rtn | 53.6% |
| 3Y Rtn | 31.1% |
| 1M Excs Rtn | -9.3% |
| 3M Excs Rtn | -16.7% |
| 6M Excs Rtn | -6.4% |
| 12M Excs Rtn | 36.1% |
| 3Y Excs Rtn | -46.3% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Transportation services | 3,234 | 3,209 | 2,881 | 2,792 | 2,289 |
| Total | 3,234 | 3,209 | 2,881 | 2,792 | 2,289 |
| $ Mil | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|
| Saia | 60 | 55 | 36 | 28 |
| Jevic | 3 | 9 | 9 | |
| Corporate and Other | -4 | -4 | ||
| Total | 60 | 58 | 41 | 33 |
| $ Mil | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Transportation services | 255 | 362 | 355 | 357 |
| Total | 255 | 362 | 355 | 357 |
| $ Mil | 2006 | 2005 | 2004 |
|---|---|---|---|
| Saia | 473 | 389 | 348 |
| Jevic | 151 | 149 | |
| Corporate and Other | 12 | ||
| Total | 473 | 540 | 509 |
Price Behavior
Price Behavior
| Market Price | $348.38 | |
| Market Cap ($ Bil) | 9.3 | |
| First Trading Date | 09/12/2002 | |
| Distance from 52W High | -28.5% | |
| 50 Days | 200 Days | |
| DMA Price | $371.56 | $388.77 |
| DMA Trend | up | down |
| Distance from DMA | -6.2% | -10.4% |
| 3M | 1YR | |
| Volatility | 41.5% | 47.0% |
| Downside Capture | 154.36 | 158.67 |
| Upside Capture | 10.22 | 146.57 |
| Correlation (SPY) | 14.6% | 38.6% |
SAIA Betas & Captures as of 8/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.33 | 0.21 | 0.69 | 1.48 | 1.38 | 1.36 |
| Up Beta | 2.54 | -0.21 | -0.06 | 1.29 | 1.14 | 1.54 |
| Down Beta | 0.42 | 0.12 | 0.84 | 1.03 | 1.34 | 1.05 |
| Up Capture | 218% | -27% | 17% | 146% | 176% | 172% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 14 | 21 | 28 | 63 | 131 | 379 |
| Down Capture | 292% | 124% | 154% | 175% | 132% | 109% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 7 | 21 | 36 | 64 | 120 | 371 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SAIA | |
|---|---|---|---|---|
| SAIA | 12.4% | 47.0% | 0.39 | - |
| Sector ETF (XLI) | 12.7% | 17.2% | 0.53 | 50.4% |
| Equity (SPY) | 17.6% | 13.0% | 0.98 | 38.5% |
| Gold (GLD) | 18.0% | 29.3% | 0.56 | 12.0% |
| Commodities (DBC) | 46.6% | 20.7% | 1.75 | -23.9% |
| Real Estate (VNQ) | 5.2% | 13.6% | 0.12 | 32.6% |
| Bitcoin (BTCUSD) | -26.0% | 44.9% | -0.54 | 14.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SAIA | |
|---|---|---|---|---|
| SAIA | 8.3% | 51.8% | 0.34 | - |
| Sector ETF (XLI) | 12.7% | 17.6% | 0.55 | 53.3% |
| Equity (SPY) | 13.3% | 17.2% | 0.59 | 49.2% |
| Gold (GLD) | 18.9% | 18.8% | 0.81 | 3.7% |
| Commodities (DBC) | 10.8% | 19.6% | 0.43 | 0.1% |
| Real Estate (VNQ) | 1.0% | 18.9% | -0.05 | 38.0% |
| Bitcoin (BTCUSD) | 12.7% | 52.6% | 0.42 | 23.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SAIA | |
|---|---|---|---|---|
| SAIA | 28.1% | 45.8% | 0.71 | - |
| Sector ETF (XLI) | 13.3% | 20.0% | 0.58 | 55.2% |
| Equity (SPY) | 15.4% | 17.9% | 0.73 | 52.1% |
| Gold (GLD) | 12.2% | 16.4% | 0.61 | 1.9% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | 9.8% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 39.4% |
| Bitcoin (BTCUSD) | 64.0% | 66.2% | 1.04 | 15.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 9/3/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/30/2026 | -11.1% | -9.5% | -10.5% |
| 4/30/2026 | 6.3% | 6.5% | 11.9% |
| 2/10/2026 | -6.8% | -5.2% | -16.6% |
| 10/30/2025 | 2.2% | 2.0% | 5.7% |
| 7/25/2025 | 7.0% | -3.1% | 2.7% |
| 4/25/2025 | -30.7% | -32.2% | -25.4% |
| 2/3/2025 | -2.0% | 2.0% | -17.3% |
| 10/25/2024 | 11.4% | 17.9% | 30.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 15 | 14 |
| # Negative | 10 | 9 | 10 |
| Median Positive | 5.9% | 9.8% | 13.6% |
| Median Negative | -7.8% | -5.4% | -13.6% |
| Max Positive | 14.6% | 25.9% | 30.7% |
| Max Negative | -30.7% | -32.2% | -26.3% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/30/2026 | -11.1% | -9.5% | -10.5% |
| 4/30/2026 | 6.3% | 6.5% | 11.9% |
| 2/10/2026 | -6.8% | -5.2% | -16.6% |
| 10/30/2025 | 2.2% | 2.0% | 5.7% |
| 7/25/2025 | 7.0% | -3.1% | 2.7% |
| 4/25/2025 | -30.7% | -32.2% | -25.4% |
| 2/3/2025 | -2.0% | 2.0% | -17.3% |
| 10/25/2024 | 11.4% | 17.9% | 30.7% |
| 7/26/2024 | -18.9% | -19.2% | -17.7% |
| 4/26/2024 | -21.0% | -25.2% | -26.3% |
| 2/2/2024 | 14.3% | 18.3% | 24.9% |
| 10/27/2023 | -8.7% | 0.1% | 11.0% |
| 7/28/2023 | 3.7% | 3.6% | -0.9% |
| 4/28/2023 | 14.6% | 12.1% | 9.4% |
| 2/3/2023 | -0.4% | -3.6% | 1.8% |
| 10/31/2022 | 3.5% | 9.2% | 22.0% |
| 7/27/2022 | 2.4% | 13.1% | 7.6% |
| 5/2/2022 | 1.4% | 5.3% | -4.1% |
| 2/2/2022 | -0.2% | -5.4% | -6.5% |
| 10/28/2021 | 13.9% | 25.9% | 22.6% |
| 7/29/2021 | 8.3% | 16.3% | 15.2% |
| 4/28/2021 | -2.9% | -2.1% | -6.0% |
| 2/8/2021 | 5.5% | 9.8% | 16.5% |
| 10/29/2020 | 3.6% | 13.3% | 22.2% |
| SUMMARY STATS | |||
| # Positive | 14 | 15 | 14 |
| # Negative | 10 | 9 | 10 |
| Median Positive | 5.9% | 9.8% | 13.6% |
| Median Negative | -7.8% | -5.4% | -13.6% |
| Max Positive | 14.6% | 25.9% | 30.7% |
| Max Negative | -30.7% | -32.2% | -26.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/30/2026 | 10-Q |
| 03/31/2026 | 04/30/2026 | 10-Q |
| 12/31/2025 | 02/24/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/25/2025 | 10-Q |
| 03/31/2025 | 04/28/2025 | 10-Q |
| 12/31/2024 | 02/24/2025 | 10-K |
| 09/30/2024 | 10/25/2024 | 10-Q |
| 06/30/2024 | 07/26/2024 | 10-Q |
| 03/31/2024 | 04/26/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 10/27/2023 | 10-Q |
| 06/30/2023 | 07/28/2023 | 10-Q |
| 03/31/2023 | 04/28/2023 | 10-Q |
| 12/31/2022 | 02/23/2023 | 10-K |
| 09/30/2022 | 11/01/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/30/2026 | 10-Q |
| 03/31/2026 | 04/30/2026 | 10-Q |
| 12/31/2025 | 02/24/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/25/2025 | 10-Q |
| 03/31/2025 | 04/28/2025 | 10-Q |
| 12/31/2024 | 02/24/2025 | 10-K |
| 09/30/2024 | 10/25/2024 | 10-Q |
| 06/30/2024 | 07/26/2024 | 10-Q |
| 03/31/2024 | 04/26/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 10/27/2023 | 10-Q |
| 06/30/2023 | 07/28/2023 | 10-Q |
| 03/31/2023 | 04/28/2023 | 10-Q |
| 12/31/2022 | 02/23/2023 | 10-K |
| 09/30/2022 | 11/01/2022 | 10-Q |
| 06/30/2022 | 07/27/2022 | 10-Q |
| 03/31/2022 | 05/02/2022 | 10-Q |
| 12/31/2021 | 02/23/2022 | 10-K |
| 09/30/2021 | 10/28/2021 | 10-Q |
| 06/30/2021 | 07/29/2021 | 10-Q |
| 03/31/2021 | 04/28/2021 | 10-Q |
| 12/31/2020 | 02/24/2021 | 10-K |
| 09/30/2020 | 10/29/2020 | 10-Q |
| 06/30/2020 | 07/30/2020 | 10-Q |
| 03/31/2020 | 04/30/2020 | 10-Q |
| 12/31/2019 | 02/25/2020 | 10-K |
| 09/30/2019 | 10/30/2019 | 10-Q |
Recent Forward Guidance
Updated 7/31/2026Latest: Q2 2026 Earnings Reported 7/30/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Capital Expenditures | Reported | 350.00 Mil | 375.00 Mil | 400.00 Mil | 0 | Affirmed | Guidance: 375.00 Mil for 2026 | |
Insider Activity
Updated 5/21/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Norwood, Anthony R | EVP & CHRO | Direct | Sell | 5212026 | 468.77 | 292 | 136,881 | 2,294,160 | Form |
| 2 | Eisnor, Di-Ann | Direct | Sell | 2192026 | 389.88 | 500 | 194,940 | 2,032,052 | Form | |
| 3 | Holzgrefe, Frederick J Iii | President & CEO | Direct | Sell | 2172026 | 388.80 | 4,775 | 1,856,535 | 8,842,551 | Form |
| 4 | Batteh, Matthew J | Chief Financial Officer | Direct | Sell | 2172026 | 389.03 | 916 | 356,354 | 1,728,860 | Form |
| 5 | Benton, Kelly W | VP & CAO | Direct | Sell | 2172026 | 389.00 | 800 | 311,200 | 1,228,073 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Norwood, Anthony R | EVP & CHRO | Direct | Sell | 5212026 | 468.77 | 292 | 136,881 | 2,294,160 | Form |
| 2 | Eisnor, Di-Ann | Direct | Sell | 2192026 | 389.88 | 500 | 194,940 | 2,032,052 | Form | |
| 3 | Holzgrefe, Frederick J Iii | President & CEO | Direct | Sell | 2172026 | 388.80 | 4,775 | 1,856,535 | 8,842,551 | Form |
| 4 | Batteh, Matthew J | Chief Financial Officer | Direct | Sell | 2172026 | 389.03 | 916 | 356,354 | 1,728,860 | Form |
| 5 | Benton, Kelly W | VP & CAO | Direct | Sell | 2172026 | 389.00 | 800 | 311,200 | 1,228,073 | Form |
| 6 | Sugar, Patrick D | EVP Operations | Direct | Sell | 2172026 | 386.74 | 2,706 | 1,046,519 | 3,527,456 | Form |
| 7 | Ramu, Raymond R | Exec. VP & Chief Customer Off. | Direct | Sell | 2172026 | 387.95 | 5,226 | 2,027,426 | 1,408,646 | Form |
| 8 | Batteh, Matthew J | Chief Financial Officer | Direct | Sell | 2172026 | 375.71 | 1,110 | 417,037 | 2,013,802 | Form |
| 9 | Eisnor, Di-Ann | Direct | Sell | 12102025 | 336.73 | 297 | 100,009 | 1,923,402 | Form | |
| 10 | Benton, Kelly W | VP & CAO | Direct | Sell | 12042025 | 314.43 | 1,000 | 314,428 | 971,895 | Form |
| 11 | Epps, Donna E | Direct | Sell | 12012025 | 277.43 | 422 | 117,075 | 396,725 | Form | |
| 12 | Epps, Donna E | Direct | Buy | 12012025 | 277.60 | 422 | 117,145 | 514,106 | Form | |
| 13 | Ramu, Raymond R | Exec. VP & Chief Customer Off. | Direct | Sell | 11202025 | 266.57 | 1,000 | 266,570 | 1,306,726 | Form |
Investor Activity (13F)
Updated Sep 23, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
Saia — Investor Video Playlist
Products & Services
Simplifying LTL Shipping: Reliable Service You Can Count On
Products & Services
What does delivering claims-free freight really take? | Saia LTL Freight
Products & Services
Powering the Energy Industry with Guaranteed Shipping | Saia Delivers
Leadership
Driven by Trust: Joe Gibbs and Ray Ramu Talk Partnership and Performance
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Cargo Ground Transportation Resources |
| Transport Topics |
| Commercial Carrier Journal (CCJ) |
| FreightWaves |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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