Saia, Inc. reports mixed LTL shipment and tonnage data for October and November 2025 compared to the previous year.
Quiver AI Summary
Saia, Inc. has released its LTL (less-than-truckload) shipment and tonnage data for October and November 2025, reporting a decline in LTL shipments and tonnage per workday in October, with a decrease of 3.4% and 3.3%, respectively, compared to October 2024. However, in November, there was a positive trend with LTL shipments and tonnage per workday increasing by 2.6% and 1.8%, respectively, while the weight per shipment decreased slightly. The press release includes a disclaimer about forward-looking statements, indicating that actual results may vary due to various risks and uncertainties facing the company. Saia operates 213 terminals nationwide, providing a wide range of transportation and logistics services.
Potential Positives
- Saia, Inc. reported a significant increase in LTL shipments per workday in November 2025 by 2.6%, indicating positive market activity and demand for their services.
- LTL tonnage per workday also increased by 1.8% in November 2025, which may suggest improved operational efficiency and capacity utilization.
Potential Negatives
- Decline in LTL shipments per workday by 3.4% and LTL tonnage per workday by 3.3% in October 2025 compared to October 2024 suggests challenges in maintaining shipment volumes.
- Overall, the summary indicates an overall decrease in quarter-to-date performance compared to the previous year, which may raise concerns among investors about the company's growth trajectory.
- The release emphasizes that actual results could differ materially from reported data, highlighting uncertainty regarding future performance.
FAQ
What recent trends are observed in Saia's LTL shipments?
In October 2025, LTL shipments per workday declined by 3.4%, while November saw an increase of 2.6%.
How has LTL tonnage changed recently?
LTL tonnage per workday decreased by 3.3% in October and increased by 1.8% in November 2025.
What was the average LTL weight per shipment in October 2025?
The average LTL weight per shipment in October 2025 was 1,353 pounds, a slight increase from 1,352 pounds in October 2024.
Are future shipment figures guaranteed to match these results?
No, actual fourth quarter shipments could differ significantly due to various risk factors outlined in Saia’s SEC filings.
Where can I find more information about Saia, Inc.?
Visit the Investor Relations section at www.saia.com/about-us/investor-relations for more information on Saia, Inc.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SAIA Insider Trading Activity
$SAIA insiders have traded $SAIA stock on the open market 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $SAIA stock by insiders over the last 6 months:
- RAYMOND R RAMU (Exec. VP & Chief Customer Off.) sold 1,000 shares for an estimated $266,570
- DONNA E EPPS has made 1 purchase buying 422 shares for an estimated $117,145 and 1 sale selling 422 shares for an estimated $117,075.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SAIA had revenues of $839.6M in Q3 2025. This is a decrease of -0.29% from the same period in the prior year.
You can track SAIA financials on Quiver Quantitative's SAIA stock page.
$SAIA Hedge Fund Activity
We have seen 219 institutional investors add shares of $SAIA stock to their portfolio, and 295 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ removed 1,142,002 shares (-39.4%) from their portfolio in Q3 2025, for an estimated $341,869,718
- MORGAN STANLEY added 695,188 shares (+363.0%) to their portfolio in Q3 2025, for an estimated $208,111,479
- INVESCO LTD. added 651,332 shares (+1300.4%) to their portfolio in Q3 2025, for an estimated $194,982,747
- ALLIANCEBERNSTEIN L.P. added 594,674 shares (+35.4%) to their portfolio in Q3 2025, for an estimated $178,021,608
- VIKING GLOBAL INVESTORS LP added 556,229 shares (+67.2%) to their portfolio in Q3 2025, for an estimated $166,512,713
- ARTISAN PARTNERS LIMITED PARTNERSHIP removed 532,949 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $146,022,696
- JPMORGAN CHASE & CO removed 421,117 shares (-46.6%) from their portfolio in Q3 2025, for an estimated $126,065,585
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$SAIA Analyst Ratings
Wall Street analysts have issued reports on $SAIA in the last several months. We have seen 8 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Overweight" rating on 10/31/2025
- Citigroup issued a "Buy" rating on 10/31/2025
- Raymond James issued a "Outperform" rating on 10/14/2025
- Evercore ISI Group issued a "Outperform" rating on 09/30/2025
- Benchmark issued a "Buy" rating on 09/25/2025
- Susquehanna issued a "Positive" rating on 09/10/2025
- Barclays issued a "Overweight" rating on 07/28/2025
To track analyst ratings and price targets for $SAIA, check out Quiver Quantitative's $SAIA forecast page.
$SAIA Price Targets
Multiple analysts have issued price targets for $SAIA recently. We have seen 13 analysts offer price targets for $SAIA in the last 6 months, with a median target of $346.0.
Here are some recent targets:
- Oliver Holmes from Rothschild & Co set a target price of $262.0 on 11/26/2025
- Ariel Rosa from Citigroup set a target price of $365.0 on 10/31/2025
- Brian Ossenbeck from JP Morgan set a target price of $346.0 on 10/31/2025
- J. Bruce Chan from Stifel set a target price of $292.0 on 10/31/2025
- Jonathan Chappell from Evercore ISI Group set a target price of $319.0 on 10/31/2025
- Patrick Tyler Brown from Raymond James set a target price of $355.0 on 10/14/2025
- Christian Wetherbee from Wells Fargo set a target price of $330.0 on 10/06/2025
Full Release
JOHNS CREEK, Ga., Dec. 02, 2025 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, is providing LTL shipment and tonnage data for the first two months of the fourth quarter. In October 2025, LTL shipments per workday declined 3.4%, LTL tonnage per workday declined 3.3% and LTL weight per shipment increased 0.1% to 1,353 pounds compared to 1,352 pounds in October 2024. In November 2025, LTL shipments per workday increased 2.6%, LTL tonnage per workday increased 1.8% and LTL weight per shipment declined 0.8% to 1,346 pounds compared to 1,357 pounds in November 2024.
These changes are summarized in the table below:
|
October 2025
versus October 2024 |
November 2025
versus November 2024 |
Quarter to Date (QTD)
2025 versus QTD 2024 |
|||||||
| LTL Shipments per workday | -3.4 | % | 2.6 | % | -0.8 | % | |||
| LTL Tonnage per workday | -3.3 | % | 1.8 | % | -1.1 | % | |||
| LTL Weight per shipment | 0.1 | % | -0.8 | % | -0.3 | % | |||
Actual fourth quarter and annual shipments, tonnage and weight per shipment could differ materially from the data expressed in this press release, including by reason of the risk factors included in Item 1A of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and in other filings with the Securities and Exchange Commission. The information herein speaks as of the date of this press release and is subject to change. Saia is under no obligation, and expressly disclaims any obligation to update or alter such information, whether as a result of new information, future events, or otherwise, except as required by law.
Saia, Inc. (Nasdaq: SAIA) offers customers a wide range of less-than-truckload, non-asset truckload, expedited and logistics services. With headquarters in Georgia, Saia LTL Freight operates 213 terminals with national service. For more information on Saia, Inc. visit the Investor Relations section at www.saia.com/about-us/investor-relations .
Cautionary Note Regarding Forward-Looking Statements
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 may contain 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,” “potential” 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 publicly update or revise any forward-looking statements, except as required by law. 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, uncertainties and assumptions include, but are not limited to, (1) general economic conditions including downturns or inflationary periods in the business cycle; (2) operation within a highly competitive industry and the adverse impact from downward pricing pressures, including in connection with fuel surcharges, and other factors; (3) industry-wide external factors largely out of our control; (4) cost and availability of qualified drivers, dock workers, mechanics and other employees, purchased transportation and fuel; (5) inflationary increases in expenses and corresponding reductions of profitability; (6) cost and availability of diesel fuel and fuel surcharges; (7) cost and availability of insurance coverage and claims expenses and other expense volatility, including for personal injury, cargo loss and damage, workers’ compensation, employment and group health plan claims; (8) failure to successfully execute the strategy to expand our service geography; (9) unexpected liabilities resulting from the acquisition of real estate assets; (10) costs and liabilities from the disruption in or failure of our technology or equipment essential to our operations, including as a result of cyber incidents, security breaches, malware or ransomware attacks; (11) risks arising from remote work, including increased risk of related cybersecurity incidents; (12) failure to keep pace with technological developments; (13) liabilities and costs arising from the use of artificial intelligence; (14) labor relations, including the adverse impact should a portion of our workforce become unionized; (15) cost, availability and resale value of real property and revenue equipment; (16) supply chain disruption and delays on new equipment delivery; (17) capacity and highway infrastructure constraints; (18) changes in U.S. trade policy and the impact of tariffs; (19) risks arising from international business operations and relationships; (20) seasonal factors, harsh weather and disasters caused by climate change; (21) the creditworthiness of our customers and their ability to pay for services; (22) our need for capital and uncertainty of the credit markets; (23) the possibility of defaults under our debt agreements, including violation of financial covenants; (24) inaccuracies and changes to estimates and assumptions used in preparing our financial statements; (25) failure to operate and grow acquired businesses in a manner that support the value allocated to acquired businesses; (26) dependence on key employees; (27) employee turnover from changes to compensation and benefits or market factors; (28) increased costs of healthcare benefits; (29) damage to our reputation from adverse publicity, including from the use of or impact from social media; (30) failure to achieve acquisition synergies or disruption to our business due to such acquisitions; (31) the effect of litigation and class action lawsuits arising from the operation of our business, including the possibility of claims or judgments in excess of our insurance coverages or that result in increases in the cost of insurance coverage or that preclude us from obtaining adequate insurance coverage in the future; (32) the potential of higher corporate taxes and new regulations, including with respect to climate change, employment and labor law, healthcare and securities regulation; (33) the effect of governmental regulations, including hours of service and licensing compliance for drivers, engine emissions, the Compliance, Safety, Accountability (CSA) initiative, regulations of the Food and Drug Administration and Homeland Security, and healthcare and environmental regulations; (34) unforeseen costs from new and existing data privacy laws; (35) changes to the way LTL freight is categorized; (36) costs from new and existing laws regarding how to classify workers; (37) changes in accounting and financial standards or practices; (38) widespread outbreak of an illness or any other communicable disease; (39) international conflicts and geopolitical instability; (40) evolving stakeholder expectations regarding environmental and social issues; (41) provisions in our governing documents and Delaware law that may have anti-takeover effects; (42) issuances of equity that would dilute stock ownership; (43) weakness, disruption or loss of confidence in financial or credit markets; and (44) 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. Accordingly, 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. You should not place undue reliance on the forward-looking statements, which speak only as of the date of this news release. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.
| CONTACT: |
Saia, Inc.
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| Matthew Batteh | |
|
Executive Vice President and Chief Financial Officer
[email protected] |
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