$SAIA

Saia CEO Fritz Holzreif said quarterly customer surveys show steady optimism for LTL in the second half. He described Saia’s network expansion since 2017, including opening 70 terminals since 2017 and nearly 40 since 2023, plus relocating or replacing about 30 facilities. He cited 3-day Trenton, NJ to Texas service and doubled Atlanta metro market share. Saia implemented a July general rate increase and two wage increases.

Notes from recent earnings calls of Saia, Schneider, TFI International, and XPO. Saia reported Q2 operating profit up 26% and revenue up 17%, with 2026 capex forecast $350M-$400M. Schneider cut 2026 net capex to $350M-$400M. TFI said it will fix “too cheap” 3PL pricing. XPO expects Q3 operating ratio below 81% and a damage claims ratio under 0.2%.

Simply Wall St reports Saia, Inc. posted Q2 2026 sales of $956.49 million and net income of $94.26 million, both up year over year, with higher basic and diluted EPS from continuing operations. It cites the Saia REV initiative and discusses differing 2029 revenue and earnings forecasts ($4.3B and $467.6M vs $4.1B and ~$425M).

Saia said it aims for an operating ratio below 80, with CEO Fritz Holzgrefe and CFO Matt Batteh citing additional terminal capex and a freight market upcycle. In Q2 2026, OR was 86.9 vs 87.8 a year earlier, revenue rose to $956.5M, and profit increased to $94.3M. Saia has 218 terminals and spent about $1B since 2022.

Trucking and logistics stocks are set for their worst month in over a year as legal risk rises after a Dallas County jury preliminary verdict against CH Robinson Worldwide, tied to a May Supreme Court ruling that may enable lawsuits against brokers for injuries from motor carriers. CH Robinson shares are down 21% this month; RXO and Landstar also fell amid weak earnings and outlooks.

US MBA mortgage applications fell -6.4% in the week ended July 24, with the purchase mortgage sub-index down -3.6% and the refinancing mortgage sub-index down -9.9%. The average 30-year fixed rate mortgage rose +7 bp to an 11.5-month high of 6.76% from 6.69% the prior week. The outlook for strong Q2 earnings, which continue this week, is a bullish factor for stocks.

The outlook for strong Q2 earnings, which continue this week, is a bullish factor for stocks. The markets are awaiting results from a raft of megacap technology companies this week, including Microsoft and Meta Platforms today, and Amazon.com and Apple on Thursday. Forecasts compiled by Bloomberg Intelligence suggest Q2 earnings may increase by +23%, close to Q1's blowout earnings of +30%, which was more than double the +12% analysts had expected.

Less than 1 min read Operating revenue grew 17.1% year-over-year in Q2 2026, driven by higher fuel surcharges, increased shipment volumes, and pricing actions. Operating income and net income rose significantly, with improved operating ratio and strong cash flow. Capital expenditures and network expansion remain priorities. Original document: Saia, Inc. [SAIA] SEC 10-Q Quarterly Report — Jul. 30 2026 Disclaimer This is an AI-generated summary and may contain inaccuracies.

Saia, Inc. (NASDAQ: SAIA) lifts Q2 2026 revenue to $956.5M and EPS to $3.51 Saia, Inc. reported strong Q2 2026 results, with operating revenue up 17.1% to $956.5 million, driven by higher fuel surcharge revenue, a 4.4% increase in LTL shipments and 8.4% higher LTL tonnage. LTL revenue per shipment rose 12.0% to $393.56 and, excluding fuel surcharges, 1.5% to $303.12. Operating income increased to $125.2 million, improving the operating ratio to 86.9% from 87.8%.

Saia (NASDAQ: SAIA) shares fell 11.7% after investors focused on weaker long-term profitability trends despite a Q2 earnings beat. Saia reported revenue of $956.5 million, up 17.1% YoY, and beat EPS estimates. Operating margin has fallen 6.1 percentage points over five years, and annualized EPS is down 14.6% over two years.