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Saia LTL Freight Inc

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uuid0009ntn

Namestring
Saia LTL Freight Inc
Legal namestring
Saia, Inc.
Websiteurl
saia.com
Company typeenum
Public
Founded yearint
1925
Descriptiontext

Saia LTL Freight Inc (legal entity Saia, Inc.; NASDAQ: SAIA) is a less-than-truckload (LTL) freight transportation carrier operating a network of 214 U.S. terminals. Founded in 1925 and headquartered in Duluth, Georgia, the company serves shippers and logistics service providers through direct B2B enterprise sales relationships, transporting partial-truckload freight across the United States. The core product is LTL transportation priced via quote-based contracts with weight-tier and fuel surcharge mechanics; ancillary capabilities include a small in-fleet deployment of Tesla Semi electric trucks and integration with the project44 visibility platform.

Revenue is generated transactionally on a per-shipment, volume-and-weight basis with embedded fuel surcharges. Q1 2026 revenue reached $806.2 million, a record first-quarter figure, growing 2.4% year-over-year, while operating income for the quarter was $66.8 million. Contractual renewal pricing improved 6.6% in January 2026 and 5.9% in February 2026, and April 2026 volumes accelerated with shipments up 5.5% and tonnage up 6.5% — the first quarterly shipment growth in legacy terminals in approximately five quarters. The revenue model is supplemented by a $3.5 million fuel surcharge headwind in Q1 2026 driven by diesel price spikes.

Operationally, the company combines a high-density terminal network with ongoing geographic expansion (e.g., the 74-door York, Pennsylvania terminal opened April 20, 2026) and a workforce of 10,000+ reduced 6.3% year-over-year as of Q1 2026. Technology direction is being reset under newly appointed CIO Tarak Patel (joined October 2025 from Smurfit WestRock), with current partnerships including Tesla (electric linehaul, January 2025) and project44 (visibility and data quality integration, top 1% performer recognition in 2026). Other relationships include a continuing community logistics partnership with Wreaths Across America (December 2025).

Short descriptiontext

Saia LTL Freight Inc is a U.S. less-than-truckload freight carrier operating 214 terminals nationwide, serving shippers and logistics service providers with transactional LTL transportation services, fuel surcharges, and select electric linehaul via a Tesla Semi partnership.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersDuluth, United States
HQ citystring
Duluth
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
less-than-truckload freight, LTL shipping services, freight transportation, logistics services, truckload shipping
Industry2 codes
1National/Regional LTL General Freight Carriers
CodeTLADAEAAPrimaryYes
2Interregional/Long-Haul LTL Network Carriers
CodeTLADAEACPrimaryNo
NAICS code1 code
  • General Freight Trucking, Long-Distance48412
SIC code2 codes
  • Trucking & Courier Services (No Air)4210
  • Trucking (No Local)4213
Product category
LTL Freight Transportation
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1LTL Freight Transportation
TypeTransaction Fee
Description

Less-than-truckload freight transportation services charged based on shipment volume, tonnage, and weight. Revenue of $806.2 million in Q1 2026, a record for any first quarter, representing 2.4% year-over-year increase. Pricing includes fuel surcharges.

globenewswire.com
Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Saia LTL Freight Inc provides less-than-truckload (LTL) freight transportation services across the United States through a network of 214 terminal facilities. The company picks up, consolidates, line-hauls, and delivers partial truckload shipments for business shippers, charging based on shipment volume, weight, tonnage, and applicable fuel surcharges. Saia also invests in sustainability through a Tesla Semi electric truck fleet partnership.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Record Q1 revenue of $806.2 million, up 2.4% year-over-year
+2 more records
Product overview1 text field

Saia LTL Freight Inc operates as a less-than-truckload (LTL) freight carrier offering transportation services through a network of 214 facilities across the United States. The company provides core LTL freight services for partial truckload shipments, and has expanded its offerings to include Tesla Semi electric trucks as part of its sustainability initiatives. The company's network includes terminals throughout the country, with recent expansion including a new 74-door facility in York, Pennsylvania.

Product and service1 record
1LTL Freight Services
CategoryLTL Freight Transportation
Description

Less-than-truckload (LTL) freight transportation services providing pick-up, line-haul, and delivery of partial truckload shipments for business shippers and logistics service providers across the United States, supported by 214 terminal facilities and a fleet including Tesla Semi electric trucks.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-05-20
Description

Saia recognized in project44's 2026 Preferred Carriers Program as part of top 1% of 259,000+ active carriers across 52 countries. project44 is a visibility and supply chain execution platform that integrates with carriers for data quality and shipment tracking.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2025-12-11
Description

Saia LTL Freight continuing its partnership with Wreaths Across America for the 2025 holiday season, transporting wreaths to cemeteries nationwide including Arlington National Cemetery.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-01-02
Description

Saia LTL Freight partnership with Tesla to introduce two Tesla Semi electric trucks into its fleet, marking a milestone as the carrier celebrates its 100th anniversary. During a demonstration period conducted last year, Saia rigorously tested the Tesla Semi evaluating its range, payload capacity, grade performance, and driver comfort before committing to the partnership. The collaboration reflects Saia's commitment to sustainability and innovation in logistics operations.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers8 records
TypeDirect peer
Description

Privately held LTL and truckload carrier with a sizable U.S. LTL network. Competes with Saia on regional LTL freight services, particularly in the Midwest and Southeast.

TypeDirect peer
Description

Privately held LTL carrier operating one of the largest U.S. LTL networks, particularly strong on East Coast and Midwest lanes. Direct competitor to Saia in regional and national LTL freight.

TypeBroad incumbent
Description

Largest U.S. LTL carrier as a segment of FedEx Corporation, with the densest national network. Competes with Saia on virtually all U.S. LTL lanes but operates as part of a broader integrated logistics portfolio.

TypeDirect peer
Description

Parent of ABF Freight, a major unionized LTL carrier serving national and regional lanes. Competes directly with Saia on LTL freight services for B2B shippers.

TypeDirect peer
Description

Pure-play LTL carrier spun out of XPO Logistics, operating a national LTL network across the U.S. Directly comparable to Saia on network LTL freight services and target shipper base.

TypeDirect peer
Description

Largest pure-play LTL carrier in the United States with a dense national network and premium service standards. Closest direct competitor to Saia, competing head-to-head on interregional lanes and pricing.

TypeDirect peer
Description

The subject company itself, included as a peer reference point for the U.S. public LTL market.

TypeDirect peer
Description

LTL carrier owned by TFI International, formed from the acquisition of UPS Freight. Directly competes with Saia in LTL freight services across the U.S. and Canada.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Saia LTL Freight Inc

LTL Freight Transportationsaia.com

Saia LTL Freight Inc is a U.S. less-than-truckload freight carrier operating 214 terminals nationwide, serving shippers and logistics service providers with transactional LTL transportation services, fuel surcharges, and select electric linehaul via a Tesla Semi partnership.

What Saia LTL Freight Inc does

Saia LTL Freight Inc (legal entity Saia, Inc.; NASDAQ: SAIA) is a less-than-truckload (LTL) freight transportation carrier operating a network of 214 U.S. terminals. Founded in 1925 and headquartered in Duluth, Georgia, the company serves shippers and logistics service providers through direct B2B enterprise sales relationships, transporting partial-truckload freight across the United States. The core product is LTL transportation priced via quote-based contracts with weight-tier and fuel surcharge mechanics; ancillary capabilities include a small in-fleet deployment of Tesla Semi electric trucks and integration with the project44 visibility platform.

Revenue is generated transactionally on a per-shipment, volume-and-weight basis with embedded fuel surcharges. Q1 2026 revenue reached $806.2 million, a record first-quarter figure, growing 2.4% year-over-year, while operating income for the quarter was $66.8 million. Contractual renewal pricing improved 6.6% in January 2026 and 5.9% in February 2026, and April 2026 volumes accelerated with shipments up 5.5% and tonnage up 6.5% — the first quarterly shipment growth in legacy terminals in approximately five quarters. The revenue model is supplemented by a $3.5 million fuel surcharge headwind in Q1 2026 driven by diesel price spikes.

Operationally, the company combines a high-density terminal network with ongoing geographic expansion (e.g., the 74-door York, Pennsylvania terminal opened April 20, 2026) and a workforce of 10,000+ reduced 6.3% year-over-year as of Q1 2026. Technology direction is being reset under newly appointed CIO Tarak Patel (joined October 2025 from Smurfit WestRock), with current partnerships including Tesla (electric linehaul, January 2025) and project44 (visibility and data quality integration, top 1% performer recognition in 2026). Other relationships include a continuing community logistics partnership with Wreaths Across America (December 2025).

Saia LTL Freight Inc firmographics

Firmographics
Name
Saia LTL Freight Inc
Legal name
Saia, Inc.
Website
https://saia.com
Company type
Public
Founded year
1925
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Saia LTL Freight Inc is a U.S. less-than-truckload freight carrier operating 214 terminals nationwide, serving shippers and logistics service providers with transactional LTL transportation services, fuel surcharges, and select electric linehaul via a Tesla Semi partnership.
Ownership category
akta.pro rank

Saia LTL Freight Inc industry classification

Industry
Product category
LTL Freight Transportation
NAICS
General Freight Trucking, Long-Distance (48412)
SIC
Trucking & Courier Services (No Air) (4210), Trucking (No Local) (4213)
akta.pro primary industry
National/Regional LTL General Freight Carriers (TLADAEAA)
akta.pro secondary industry
Interregional/Long-Haul LTL Network Carriers (TLADAEAC)

Keywords

  • Less-than-truckload freight
  • LTL shipping services
  • Freight transportation
  • Logistics services
  • Truckload shipping

Where Saia LTL Freight Inc is headquartered

Location

Headquarters

HQ city
Duluth
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Saia LTL Freight Inc business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

  1. LTL Freight Transportation: Less-than-truckload freight transportation services charged based on shipment volume, tonnage, and weight. Revenue of $806.2 million in Q1 2026, a record for any first quarter, representing 2.4% year-over-year increase. Pricing includes fuel surcharges.

Go-to-market motion1 record

Distribution channels1 record

Saia LTL Freight Inc product offering

Product offering

Core offering

Saia LTL Freight Inc provides less-than-truckload (LTL) freight transportation services across the United States through a network of 214 terminal facilities. The company picks up, consolidates, line-hauls, and delivers partial truckload shipments for business shippers, charging based on shipment volume, weight, tonnage, and applicable fuel surcharges. Saia also invests in sustainability through a Tesla Semi electric truck fleet partnership.

Product overview

Saia LTL Freight Inc operates as a less-than-truckload (LTL) freight carrier offering transportation services through a network of 214 facilities across the United States. The company provides core LTL freight services for partial truckload shipments, and has expanded its offerings to include Tesla Semi electric trucks as part of its sustainability initiatives. The company's network includes terminals throughout the country, with recent expansion including a new 74-door facility in York, Pennsylvania.

Differentiator

Problem solved

Functional benefit

Products and services

  • LTL Freight Services Less-than-truckload (LTL) freight transportation services providing pick-up, line-haul, and delivery of partial truckload shipments for business shippers and logistics service providers across the United States, supported by 214 terminal facilities and a fleet including Tesla Semi electric trucks.

Quantifiable outcome

  • Record Q1 revenue of $806.2 million, up 2.4% year-over-year
  • +2 more outcomes

Companies that use Saia LTL Freight Inc

Customer profile

Segments1 record

Ideal customer profiles1 record

Saia LTL Freight Inc technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Saia LTL Freight Inc partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and minor.

  • project44coreTechnology or Integration · 20 May 2026Saia recognized in project44's 2026 Preferred Carriers Program as part of top 1% of 259,000+ active carriers across 52 countries. project44 is a visibility and supply chain execution platform that integrates with carriers for data quality and shipment tracking.
  • Wreaths Across AmericaminorStrategic or Co-development Partner · 11 December 2025Saia LTL Freight continuing its partnership with Wreaths Across America for the 2025 holiday season, transporting wreaths to cemeteries nationwide including Arlington National Cemetery.
  • TeslacoreStrategic or Co-development Partner · 2 January 2025Saia LTL Freight partnership with Tesla to introduce two Tesla Semi electric trucks into its fleet, marking a milestone as the carrier celebrates its 100th anniversary. During a demonstration period conducted last year, Saia rigorously tested the Tesla Semi evaluating its range, payload capacity, grade performance, and driver comfort before committing to the partnership. The collaboration reflects Saia's commitment to sustainability and innovation in logistics operations.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Saia LTL Freight Inc competitors and assessment

Company assessment

Direct peers

  • R+L Carriers: Privately held LTL and truckload carrier with a sizable U.S. LTL network. Competes with Saia on regional LTL freight services, particularly in the Midwest and Southeast.
  • Estes Express Lines: Privately held LTL carrier operating one of the largest U.S. LTL networks, particularly strong on East Coast and Midwest lanes. Direct competitor to Saia in regional and national LTL freight.
  • ArcBest Corporation: Parent of ABF Freight, a major unionized LTL carrier serving national and regional lanes. Competes directly with Saia on LTL freight services for B2B shippers.
  • XPO Inc. Pure-play LTL carrier spun out of XPO Logistics, operating a national LTL network across the U.S. Directly comparable to Saia on network LTL freight services and target shipper base.
  • Old Dominion Freight Line: Largest pure-play LTL carrier in the United States with a dense national network and premium service standards. Closest direct competitor to Saia, competing head-to-head on interregional lanes and pricing.
  • Saia Inc. The subject company itself, included as a peer reference point for the U.S. public LTL market.
  • TForce Freight (TFI International): LTL carrier owned by TFI International, formed from the acquisition of UPS Freight. Directly competes with Saia in LTL freight services across the U.S. and Canada.

Broad incumbents

  • FedEx Freight: Largest U.S. LTL carrier as a segment of FedEx Corporation, with the densest national network. Competes with Saia on virtually all U.S. LTL lanes but operates as part of a broader integrated logistics portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Saia LTL Freight Inc social profiles

Digital presence

Saia LTL Freight Inc financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Saia LTL Freight Inc leadership team

Management profile

Number of profiles

Profiles4 records

Saia LTL Freight Inc funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Saia LTL Freight Inc M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Saia LTL Freight Inc

What does Saia LTL Freight Inc do?

Saia LTL Freight Inc provides less-than-truckload (LTL) freight transportation services across the United States through a network of 214 terminal facilities. The company picks up, consolidates, line-hauls, and delivers partial truckload shipments for business shippers, charging based on shipment volume, weight, tonnage, and applicable fuel surcharges. Saia also invests in sustainability through a Tesla Semi electric truck fleet partnership.

Is Saia LTL Freight Inc a public or private company?

Saia LTL Freight Inc is a public company. It is classified as public and is currently operating.

When was Saia LTL Freight Inc founded?

Saia LTL Freight Inc was founded in 1925. It employs 5,001 to 10,000 people.

Where is Saia LTL Freight Inc based?

Saia LTL Freight Inc is headquartered in Duluth, United States, in the North America region.

How does Saia LTL Freight Inc make money?

One revenue line is on record: LTL Freight Transportation.

Who are Saia LTL Freight Inc's main competitors?

Direct peers on record are R+L Carriers, Estes Express Lines, ArcBest Corporation, XPO Inc., Old Dominion Freight Line, Saia Inc. and TForce Freight (TFI International). FedEx Freight is listed as a broad incumbent.

Does Saia LTL Freight Inc have an API?

No public API is recorded for Saia LTL Freight Inc.

What industry is Saia LTL Freight Inc in?

Saia LTL Freight Inc's product category is LTL Freight Transportation. Its primary akta.pro industry code is TLADAEAA, National/Regional LTL General Freight Carriers, with a secondary code of TLADAEAC, Interregional/Long-Haul LTL Network Carriers. Its NAICS code is 48412 and its SIC code is 4210.

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Live signals
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GuruFocus analysis indicates the stock is modestly undervalued with a GF Value of $459.46 and a high GF Score of 97/100, despite an elevated P/E ratio compared to historical averages.AInvestWhy Veteran Hiring Is the Real Moat at a Trucking Company Few Investors Are WatchingWerner Enterprises reported a 24% year-over-year increase in Q2 2026 revenue to $933.9 million, driven by a 27.7% surge in truckload productivity and the integration of FirstFleet, amid a U.S. trucking industry driver shortage. Despite strong core operations and a 145% jump in free cash flow to $53.4 million, the company's logistics segment hindered overall profitability with negative margins. The firm continues its 39-year dividend streak while trading at a significant valuation discount to peers like Old Dominion and Saia.GurufocusSaia Inc (SAIA) Shares Fall 4.7% -- What GF Score of 97 Tells InSaia Inc (SAIA) stock fell 4.7% on August 5, 2026, to $356.81, continuing a broader downward trend with the stock down 14.4% over the past month and 9.5% over the past week, though still up 19.3% over the past year. GuruFocus' proprietary GF Value™ metric assesses the stock as modestly undervalued by 23.2%, with a GF Score™ of 97/100 indicating strong financial health, profitability, and growth potential despite current valuation trading above its 5-year median P/E. Insider activity shows $0.1M in share sales over the past 3 months with no buying, while 7 institutional investors maintain mixed positions with some increasing and others trimming stakes.Ticker ReportSaia (NASDAQ:SAIA) Announces Quarterly Earnings Results, Beats Estimates By $0.13 EPSSaia, Inc. reported second-quarter earnings of $3.51 per share, beating analyst consensus estimates of $3.38 by $0.13, with revenue rising 17.1% year over year to a record $956.5 million. The transportation company's operating income increased 26% and it achieved an improved operating ratio of 86.9%, though management expects approximately 100 basis points of sequential operating-ratio deterioration in the third quarter due to rising costs including wages, fuel, and purchased transportation.Simply Wall StShould Saia’s (SAIA) REV Logistics and Visibility Push Require Action From Investors?Saia Inc. launched Saia REV, a comprehensive company-wide program integrating over 2,000 transit time improvements, an automated Guaranteed 10 a.m. delivery service, and a real-time track-and-trace platform to enhance speed, visibility, and reliability across its North American LTL network. The initiative also expands Saia's logistics offerings into higher-touch services including final mile, residential, and white-glove delivery, supported by new terminals in Duluth and Columbia. The article notes that while the program strengthens Saia's value proposition, it comes amid concerns over high capital spending, cost inflation, and margin pressures, with the company projecting $4.2 billion in revenue and $449.4 million in earnings by 2029.Commercial Carrier JournalFleet's request for hours-of-service relief deniedThe Federal Motor Carrier Safety Administration denied a petition from Wisconsin-based Northern Clearing Inc. seeking an exemption from hours-of-service regulations to continue long-term infrastructure recovery work in North Carolina following Hurricane Helene, with the agency stating the company did not demonstrate why it should qualify for utility service vehicle exemptions. Separately, Saia LTL Freight announced it is continuing its partnership with Wreaths Across America for the 2025 holiday season, transporting wreaths to cemeteries nationwide including Arlington National Cemetery. J. J. 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