Saia(NASDAQ) SAIA

Saia moves goods for businesses across North America using a large fleet of trucks. It specializes in shipping mid-sized loads that do not fill an entire trailer. The company helps manufacturers and retailers get their products to customers on time.

What Saia Moves

• LTL Services: Transporting shipments weighing between 100 and 10,000 pounds; accounts for approximately 97% of revenue.
• Logistics Solutions: Specialized shipping including expedited delivery and brokered truckload services for larger freight needs.
• Value-Added Services: Time-definite delivery options and logistics support across the contiguous United States, Canada, and Mexico.

Recent Growth and Expansion

• Acquired 17 freight terminals and 11 facility leases from Yellow Corporation in January 2024 to expand its geographic footprint.
• Invested more than $2.5 billion over five years in real estate, new equipment, and network technology.
• Opened 213 owned and leased terminals by the end of 2025 to increase service density in key markets.
• Expanded the fleet to approximately 7,700 tractors and 26,500 trailers to handle higher shipping volumes.

Strategic Network Advantages

Saia operates a single integrated organization that manages everything from local pickups to long-distance linehaul operations. The company maintains its own fleet and terminal network to ensure reliable service and minimize damage to freight.

Financial Performance Highlights

• Revenue was $790 million in Q4 2025, up 0.1% from the previous year.
• Gross profit reached $173.1 million in Q4 2025, up 17.3% from Q4 2024.
• Operating income was $64 million in Q4 2025, down 36.9% year-over-year.
• Net income hit $47.5 million in Q4 2025, down 37.6% from the same period in 2024.
• Free cash flow grew to $37.5 million in Q4 2025, up 1166.1% from Q4 2024.

The Bottom Line

Saia has transitioned from a regional carrier into a national logistics provider through steady organic growth and strategic real estate acquisitions. Its focus on network density and modern equipment helps it manage the high capital costs of the trucking industry.