$SAIA

Saia (SAIA) reported higher LTL shipments, tonnage, and weight per shipment in July and August 2026 compared to 2025. Its share price has declined 7.9% in 30 days and 16.9% in 90 days, but is up 4.9% year-to-date. Analysts estimate a fair value of $438.19, while a DCF model suggests it is overvalued at $353.80. The company's expansion and network densification aim to drive revenue growth and improved margins.

LTL carriers like ArcBest, Saia, and Old Dominion Freight Line reported increased shipment weights and revenue in Q3 2026, driven by a recovering freight market and capacity constraints. ArcBest saw a 14% year-over-year increase in weight per shipment in August, while Saia reported 7-7.5% increases. Old Dominion's August revenue per day rose 12.4%. Rising diesel prices are also impacting margins, with the national average reaching $6.05 per gallon. Analysts expect strong pricing and elevated fue

Saia, Inc. (SAIA) reported August year-over-year increases in tonnage per workday (8.7%) and weight per shipment (7.5%), with July-August combined growth of 8.3% and 7.2%, respectively. Q2 results showed revenue growth of 17.1% and operating income growth of 26%, with an improved operating ratio. However, revenue per hundredweight declined 2.2%, raising concerns about yield and profitability. Hedge fund interest in SAIA has increased, with 49 funds holding positions at the end of Q2 2026.

Saia (SAIA) reported an 8.7% year-over-year tonnage increase in August, with daily shipments up 1.1% and weight per shipment up 7.5%. The growth was slightly higher than July's due to easier prior-year comparisons. Saia implemented a 7.1% general rate increase in July, which may cause near-term volatility. The company expects a 100 bps margin erosion in Q3, better than usual seasonal trends. Shares were up 2.9% midday Thursday.

Ground transportation stocks reported strong Q2 earnings, with revenues beating estimates by 1.7%. Saia (SAIA) reported $956.5M revenue, up 17.1% YoY, meeting expectations. RXO (RXO) outperformed with $1.77B revenue, up 25% YoY. Werner (WERN) missed EPS estimates despite 24% revenue growth. ArcBest (ARCB) and Landstar (LSTR) also reported mixed results. Stocks showed varied reactions post-earnings.

Deutsche Bank issued a 'buy' catalyst call on Saia (SAIA), predicting a rally. Analyst Richa Harnain cited the company's upcoming August earnings as a potential driver.

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.