Tag Archives: Saia

Saia LTL Freight to Expand into Northeastern US

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JOHNS CREEK, GA – Oct. 26, 2016 – Saia, Inc. (NASDAQ: SAIA) announced today that Saia LTL Freight will be expanding its network into the Northeastern United States in 2017. Currently, Saia’s plan includes opening three to five terminals in the second quarter of next year, targeting major markets in Pennsylvania and New Jersey. Today, the company is ranked as the ninth largest less-than-truckload (LTL) carrier in the United States providing industry leading service in 34 states.

“These new markets line up perfectly with our existing geography and allow us to offer more direct shipping points for our loyal customers,” explained Chief Customer Officer Ray Ramu. “Not only do we plan to invest in new facilities and equipment, but we intend to invest heavily in certain areas of our existing network so that we will be able to handle the increased freight flow to and from these new markets. We estimate that the Northeast LTL market represents approximately $7 billion in annual market revenue opportunity.”

Read more at www.saiacorp.com

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Saia Creates 2014 “Safety” Calendar

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JOHNS CREEK, GA – December 20, 2013 – Saia Inc. (NASDAQ: SAIA) is pleased to announce that Saia LTL Freight is distributing a 2014 calendar to customers that features the artwork of children, grandchildren, and extended family members of company employees. The calendar is a culmination of the First Annual Saia LTL Freight “That’s Why I Work Safe” Poster Contest, which was held earlier this year, where children, grandchildren, and nieces and nephews of all company employees were invited to submit a poster illustrating what safety means to them.

“Saia LTL Freight is committed to promoting the safety of everyone that works for the company, such as our drivers and dockworkers, to all the passengers of every car, truck and motorcycle we share the road with each day,” said Saia LTL Freight Director of Safety and Claims Prevention Karla Staver. “We thought the contest and the calendar would be a great way to see and share what perception of safety our employees’ families have – the response was impressive.”

Each month of the calendar includes entries from children showing how much it means to them that their parents, grandparents, and aunts and uncles are safe at work. Their pictures depict everything from the “rainbow” of happiness they feel when their dad comes home from work to an intricately plotted map showing actual safety procedures at Saia.

“What is clear is that when you see the calendar, you know that our employees have communicated the importance they place on safety to their families,” said Staver. “We think our customers will agree that when it comes to safety, our children have the right idea!”

From the submissions received, a first, second and third place winner was selected and awarded a check for $200, $100, and $50, respectively. Jasmine Armenta, the daughter of El Paso, Texas Line Driver Joaquin Armenta, was named the first place winner. Not only was her submission featured on the front of the 2014 calendar but it was turned into a poster that was distributed to each of Saia LTL Freight’s 147 terminals for display.

About Saia Inc.

Saia Inc. (NASDAQ: SAIA), with 2012 revenues of $1.1 billion, offers customers a wide range of less-than-truckload, non-asset truckload, and logistic services. The company operates 147 terminals in 34 states and is home to the industry-exclusive Customer Service Indicators and Xtreme Guarantee. With headquarters in Georgia, Saia employs 8,000 people nationwide. Saia LTL Freight has been recognized by the American Trucking Associations Safety Management Council with first place honors for its outstanding safety record.

Note: Express Tracking provide a third part Saia Tracking service, if you want to track your package, have a try.

Resource: http://www.saia.com/V2/AboutContent.aspx?c=newsrel

Saia Announces Improved Transit Times

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JOHNS CREEK, GA – Nov. 18, 2013 – Saia, Inc. (NASDAQ: SAIA) is pleased to announce that Saia LTL Freight has reduced transit times in nearly 1000 intermediate and long-haul lanes effective immediately.

Customers will receive a one-day delivery improvement on freight moving between nearly 55 million ZIP code pairs.

“We are always exploring ways to improve our operations and provide our customers with the service they expect,” explained Saia President and CEO Rick O’Dell. “By reducing our transit times, we’re able to help our customers further streamline their supply chains and reduce expenses related to inventory carrying costs and warehousing.”

Customers can determine specific transit times for their shipments by utilizing Saia’ online transit time calculator located on the “Transit Times & Coverage” page at www.saia.com or by contacting their sales representative.

“We realize how critical time is for our shippers,” said O’Dell. “Shorter transit times give our customers an edge in a business environment that is increasingly competitive.”

The improvement in transit times was made possible because of continued network optimization and should support growth in these transit segments. Saia expects to continue to provide 98% on-time service in conjunction with these improved transit standards.

About Saia Inc.

Saia Inc. (NASDAQ: SAIA), with 2012 revenues of $1.1 billion, offers customers a wide range of less-than-truckload, non-asset truckload, and logistic services. The company operates 147 terminals in 34 states and is home to the industry-exclusive Customer Service Indicators and Xtreme Guarantee. With headquarters in Georgia, Saia employs 8,500 people nationwide. Saia LTL Freight has been recognized by the American Trucking Associations Safety Management Council with first place honors for its outstanding safety record.

Note: Express Tracking provide a third part Saia Tracking service, if you want to track your package, have a try.

Resource: http://www.saia.com/V2/AboutContent.aspx?c=newsrel

Saia LTL Freight Announces General Rate Increase

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JOHNS CREEK, GA – June 21, 2013 – Saia Inc. (NASDAQ: SAIA) announced that Saia LTL Freight has announced that effective July 1, 2013 it will implement an average general rate increase (GRI) of 5.9% on general LTL and truckload shipments. Selected accessorial charges will be impacted as will minimum charges, which will increase by 5.9% (rounded up to the nearest 50 cents), subject to a $2.00 minimum increase. The Saia 5700 7/1/13 rates and the Saia LTL Freight rules tariff will be available on our website at www.saia.com on July 1, 2013.

About Saia Inc.

Saia Inc. (NASDAQ: SAIA), with 2012 revenues of $1.1 billion, offers customers a wide range of less-than-truckload, non-asset truckload, and logistic services. The company operates 147 terminals in 34 states and is home to the industry-exclusive Customer Service Indicators and Xtreme Guarantee. With headquarters in Georgia, Saia employs 8,000 people nationwide. Saia LTL Freight has been recognized by the American Trucking Associations Safety Management Council with first place honors for its outstanding safety record. For more information on Saia Inc. or any of the service groups, visit www.saiacorp.com.

Saia LTL Freight Named Partner Carrier of the Year by the American Chemistry Council

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JOHNS CREEK, GA – June 5, 2013 – Saia Inc. (NASDAQ: SAIA) is pleased to announce that Saia LTL Freight was one of three carriers presented with the “Responsible Care® Partner Award” by the American Chemistry Council (ACC) at its 2013 Responsible Care Conference & Expo. The award recognizes “the superb performance and safety record of companies involved in the distribution, transportation, storage, use, treatment-disposal and/or sales and marketing of chemicals.”

“We are extremely proud of this award,” stated Saia President and CEO Rick O’Dell. “We transport thousands of shipments every day for companies in the chemical industry. Because of this, we understand the great responsibility we have – not just to these customers, but to the communities where we work and live.”

ACC Responsible Care winners qualified for the awards based on exemplary performance and were selected by a committee made up of internal and external experts.

Saia LTL Freight was the first non-bulk LTL carrier in the U.S. to earn RC14001 certification through the ACC’s Responsible Care Program. The certification reflects our commitment to product stewardship, distribution, community awareness, emergency response, and pollution prevention.

For 25 years, Responsible Care has helped ACC member companies significantly enhance their performance, discover new business opportunities, and improve employee safety, the health of the communities in which they operate, and the environment as a whole, moving us toward a safer, more sustainable future.

About Saia Inc.

Saia Inc. (NASDAQ: SAIA), with 2012 revenues of $1.1 billion, offers customers a wide range of less-than-truckload, non-asset truckload, and logistic services. The company operates 147 terminals in 34 states and is home to the industry-exclusive Customer Service Indicators and Xtreme Guarantee. With headquarters in Georgia, Saia employs 8,000 people nationwide. Saia LTL Freight has been recognized by the American Trucking Associations Safety Management Council with first place honors for its outstanding safety record. For more information on Saia Inc.

Saia Reports Second Quarter Earnings per Share of $0.72

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Jul 27, 2012 (Marketwire via COMTEX) –Saia, Inc. (NASDAQ: SAIA), a leading multi-regional less-than-truckload (LTL) carrier, today reported improved second quarter 2012 results on stronger revenue, improved pricing fundamentals and operational efficiencies.

Second Quarter 2012 Compared to Second Quarter 2011 Results

· Revenues were $288 million, an increase of 8.1 percent

· Operating income increased 157 percent to $21.2 million compared to $8.3 million

· Earnings per share were $0.72 vs. $0.21

· Operating ratio was 92.6 vs. 96.9

· LTL tonnage increased by 1.1 percent as LTL shipments per workday were down 2.1 percent with a 3.3 percent increase in weight per shipment

· LTL yield was up 7.1 percent due to the favorable impact of pricing actions

“I am pleased with the contributions on many fronts saia tracking that resulted in a 430 basis point improvement in our operating ratio for the quarter. Saia’s excellent saia tracking service quality, continued progress with yield and focus on operational excellence were key contributors to our margin improvement. Supported by the recovery in the transportation market, we continue to advance our value proposition with investments in quality and refinements in pricing,” said Rick O’Dell, president and chief executive officer.

“Saia again consistently delivered 98 percent on-time service and we saw progress in essentially every quality metric we measure. Safety and cargo claim reduction programs also produced positive results and contributed to favorable quarterly comparisons. Our industrial engineering initiatives and operational efficiencies have reduced saia tracking our reliance on purchased transportation, enhanced fuel efficiency and reduced our self insurance costs. The quarter included higher costs from wage and benefits increases necessary to support our workforce as well as higher depreciation expense from investments in our fleet and technology to meet increasing customer and regulatory requirements,” continued O’Dell.

“Saia’s balance sheet is strong and our investments in technology and equipment continue to support operational efficiencies and enhance our company image. I believe that our fundamental execution on quality, yield management and optimization initiatives has never been better and provides Saia with a sound foundation for further progress,” O’Dell said.

Year to Date 2012 Compared to Year to Date 2011 Results

· Revenues were $556 million compared to $509 million in the prior year period, an increase of 9.3 percent

· Operating income was $32.2 million compared to $12.3 million in the prior year period

· Net income was $17.4 million compared to $4.1 million in the prior year period

· Earnings per share were $1.06 compared to $0.25 in the prior year period

· Operating ratio was 94.2 vs. 97.6 in the prior year period

Total debt was $90.7 million at June 30, 2012. Net of the Company’s $0.8 million cash balance at quarter-end, net debt to total capital was 27.4 percent. This compares to total debt of $81.4 million and net debt to total capital of 25.1 percent in the prior year quarter.

Net capital expenditures for the first six months of 2012 were $69.3 million. This compares to $20.6 million in the prior year period. The Company is planning net capital expenditures in 2012 of approximately $80.0 million. This expenditure level reflects replacement tractors and trailers and the Company’s continued investment in technology.

Conference Call
The Company will hold a conference call to discuss these results today at 10:00 a.m. Eastern Time. This call will be webcast live via the Company web site at www.saia.com. To participate in the call, please dial 1-888-523-1245 or dial 719-325-2394 for international calls and use conference ID #4471158. Callers should dial in five minutes in advance of the conference call. A replay of the call will be available two hours after the completion of the call through August 5, 2012. The replay is available by dialing 1-888-203-1112 or 719-457-0820.

The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at www.earnings.com, Thomson’s individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents (www.streetevents.com), a password-protected event management site.

Saia, Inc. (NASDAQ: SAIA) is a leading, less-than-truckload (“LTL”) provider of regional, interregional and guaranteed services covering 34 states with truckload brokerage and value-added logistics services. Headquartered in Georgia, the carrier employs 8,200 people. For more information, please visit the Investor Relations section of the website at www.saia.com.

The Securities and Exchange Commission encourages companies to disclose forward-looking information so that investors can better understand the future prospects of a company and make informed investment decisions. This news release contains these types of statements, which are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.

Words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “may,” “plan,” “predict,” “believe,” “should” and similar words or expressions are intended to identify forward-looking statements. Investors should not place undue reliance on forward-looking statements and the Company undertakes no obligation to update or revise any forward-looking statements. All forward-looking statements reflect the present expectation of future events of our management as of the date of this news release and are subject to a number of important factors, risks, uncertainties and assumptions that could cause actual results to differ materially from those described in any forward-looking statements. These factors, risks, assumptions and uncertainties include, but are not limited to, general economic conditions including downturns in the business cycle; the creditworthiness of our customers and their ability to pay for services; competitive initiatives and pricing pressures, including in connection with fuel surcharge; the Company’s need for capital and uncertainty of the current credit markets; the possibility of defaults under the Company’s debt agreements (including violation of financial covenants); possible issuance of equity which would dilute stock ownership; integration risks; indemnification obligations associated with the 2006 sale of Jevic Transportation, Inc.; the effect of litigation including class action lawsuits; cost and availability of qualified drivers, fuel, purchased transportation, real property, revenue equipment and other assets; governmental regulations, including but not limited to Hours of Service, engine emissions, the “Compliance, Safety, Accountability” (CSA) initiative, compliance with legislation requiring companies to evaluate their internal control over financial reporting, changes in interpretation of accounting principles and Homeland Security; dependence on key employees; inclement weather; labor relations, including the adverse impact should a portion of the Company’s workforce become unionized; effectiveness of Company-specific performance improvement initiatives; terrorism risks; self-insurance claims and other expense volatility; increased costs as a result of recently enacted healthcare reform legislation and other financial, operational and legal risks and uncertainties detailed from time to time in the Company’s SEC filings. As a result of these and other factors, no assurance can be given as to our future results and achievements. A forward looking statement is neither a prediction nor a guarantee of future events or circumstances and those future events or circumstances may not occur.

Saia to Announce Second Quarter 2012 Financial Results on July 27, 2012

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JOHNS CREEK, GA, Jul 06, 2012 (MARKETWIRE via COMTEX) –Saia, Inc. (NASDAQ: SAIA), a multi-regional freight transportation and solutions company, announced that it will release its quarterly results before the market opens on Friday, July 27, 2012. Saia management will host a conference call to discuss the results later that morning at 10:00 a.m. Eastern Time.

To participate in the call, please dial 888-523-1245 or 719-325-2394 referencing conference ID #4471158. Callers should dial in five to ten minutes in advance of the conference call. This call will be webcast live via the company web site at www.saia.com. A replay of the call will be offered two hours after the completion of the call through August 3, 2012 at 2:00 pm ET. The replay will be available by dialing 1-888-203-1112 or 719-457-0820.

The webcast is also being distributed over CCBN’s Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN’s individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN’s Individual Investor Network. Institutional investors can access the call via CCBN’s password-protected event management site, StreetEvents (www.streetevents.com).

Saia, Inc. (NASDAQ: SAIA) is a leading, less-than-truckload (“LTL”) provider of regional, interregional and guaranteed services covering 34 states with truckload brokerage and value-added logistics services. Headquartered in Georgia, the carrier employs 8,200 people. For more information, please visit the Investor Relations section of the website at www.saia.com.

If you want to get Saia Tracking service, please go to Express Tracking.

CONTACT:
Saia, Inc.
Renee McKenzie
Treasurer
678.542.3910
RMcKenzie@Saia.com

SOURCE: Saia, Inc.