Saia - Truenewj

Saia expects the reward of an investment of 2,000 million dollars

amefika4 months ago05 mins

Less than truckload carrier Saia said it sees more tailwinds than headwinds for its business in the new year. The company has opened 39 terminals in the last three years, making it a true national airline. However, costs associated with expanding new locations again impacted quarterly results. The Johns Creek, Georgia-based company reported fourth-quarter earnings…

Saia margins fall as LTL hopes to recover

amefika7 months ago03 mins

Less-than-truckload carrier Saia is leaning on cost controls and efficiency initiatives across an expanded terminal network to close the gap toward an eventual recovery. The Johns Creek, Georgia-based company on Thursday reported third-quarter adjusted earnings per share of $2.81, 25 cents above the consensus estimate but down 65 cents year over year. The adjusted figure…