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Saia’s third quarter operating ratio of 82.4% was 110 basis points better than last year’s adjusted operating ratio and operating income increased by 26% compared to last year’s adjusted operating income, despite a somewhat softer demand environment experienced over the last several weeks of the quarter,” stated Saia President and CEO, Fritz Holzgrefe. “Revenue and LTL revenue per shipment, both excluding fuel surcharge, increased by 9.3% and 10.2% respectively, reflecting a continuation of the constructive LTL pricing environment

Saia Reports Record Third Quarter Results

Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported third quarter 2022 financial results. Diluted earnings per share in the quarter were $3.67 compared to $2.98 in the third quarter of 2021. Third quarter 2021 adjusted diluted earnings per share1 were $2.86

By Saia, Inc.
Published - Oct 31, 2022, 07:36 AM ET
Last Updated - Jul 22, 2024, 02:42 AM EDT

JOHNS CREEK, Ga., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported third quarter 2022 financial results. Diluted earnings per share in the quarter were $3.67 compared to $2.98 in the third quarter of 2021. Third quarter 2021 adjusted diluted earnings per share1 were $2.86.

Highlights from the third quarter operating results were as follows:

Third Quarter 2022 Compared to Third Quarter 2021 Results

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