Saia, Inc. (Saia), through its wholly owned subsidiaries, operates as a transportation company.
The company provides less-than-truckload (LTL) services through a single integrated organization. While more than 97% of the company’s revenue is derived from transporting LTL shipments, it also offers customers a wide range of other value-added services, including non-asset truckload, expedited and logistics services across North America.
Saia Motor Freight Line, LLC (Saia LTL Freight), a wholly ow...
Saia, Inc. (Saia), through its wholly owned subsidiaries, operates as a transportation company.
The company provides less-than-truckload (LTL) services through a single integrated organization. While more than 97% of the company’s revenue is derived from transporting LTL shipments, it also offers customers a wide range of other value-added services, including non-asset truckload, expedited and logistics services across North America.
Saia Motor Freight Line, LLC (Saia LTL Freight), a wholly owned subsidiary of the company, is a leading LTL carrier that provides direct service to the 48 contiguous states and provides LTL services to Canada and Mexico through relationships with third-party interline carriers. Saia LTL Freight specializes in offering its customers a range of LTL services, including time-definite and expedited options. Saia LTL Freight primarily provides its customers with solutions for shipments between 100 and 10,000 pounds.
As of December 31, 2024, Saia LTL Freight operated a network consists of 214 owned and leased terminals, plus three general offices and one warehouse. On December 31, 2024, Saia LTL Freight owned approximately 6,600 tractors and 26,200 trailers, including equipment acquired with finance leases.
In January 2024, Saia closed on the purchase of 17 freight terminals and acquired leases for an additional 11 terminals through the Chapter 11 bankruptcy proceedings of Yellow Corporation. Over time Saia intends to integrate these terminals into its network to allow for more direct service to the customer.
In 2024, the average Saia LTL Freight shipment weighed approximately 1,343 pounds and traveled an average distance of approximately 891 miles.
Business Strategy
The key elements of the company's business strategy are to continue to focus on operating safely; manage business mix; increase density in existing geographies; continue to focus on delivering best-in-class service; continue growing the company through an enhanced geographic terminal footprint; and continue to address environmental relations.
Seasonality
The company's revenues are subject to seasonal variations. Customers tend to reduce shipments after the winter holiday season, and the company's operating expenses tend to be higher as a percent of revenue in the winter months primarily due to lower capacity utilization and weather effects.
Regulation
The Federal Motor Carrier Safety Administration (FMCSA) maintains the Commercial Driver’s License Drug and Alcohol Clearinghouse (DAC), which is a database that discloses drug and alcohol violations of commercial motor vehicle drivers. The DAC requires the company to check and prospective employees' drug and alcohol violations and annually query for violations of each driver it employs.
As a transportation provider of foodstuffs, the company is subject to rules and regulations issued by the Food and Drug Administration (FDA) to provide for the security of food and foodstuffs throughout the supply chain.
Trademarks and Patents
The company has registered several service marks and trademarks in the United States Patent and Trademark Office, including Saia Guaranteed Select, Saia Customer Service Indicators and Saia Xtreme Guarantee.
History
Saia, Inc. was founded in 1924. The company was incorporated in 2000.