Saia reported that August less-than-truckload tonnage per workday rose 8.7% year over year, while shipments per workday increased just 1.1% and weight per shipment climbed 7.5%. For July and August combined, shipments per workday rose 1.0%, tonnage per workday grew 8.3%, and weight per shipment increased 7.2%, showing the tonnage gain came mainly from heavier freight rather than more shipments. The carrier's second-quarter results showed tonnage per workday up 8.4%, revenue up 17.1% and operating income up 26%, with the operating ratio improving to 86.9% from 87.8%, though revenue per hundredweight excluding fuel surcharge fell 2.2%. Saia operates a 218-terminal network and did not disclose network utilization in the August update, which also omitted yield, operating-ratio and service data. Insider Monkey's database showed 49 hedge funds holding Saia at the end of 2Q2026, up from 45 three months earlier.
Saia IncSaia's August tonnage per workday rose 8.7% year over year on heavier freight, signaling stronger end-customer shipping demand.
