Description

Saia, Inc.’s $956.5 Million Record: Can The Network Expansion Keep Delivering?

Saia, Inc. reported second quarter 2026 results marked by record revenues and operational progress amid ongoing investments in network expansion and service capability. The company achieved $956.5 million in revenue, a 17.1% increase year-over-year and the highest quarterly revenue in company history. Shipments per workday increased 4.4%, with tonnage per workday up 8.4%, reflecting growth in demand and improved freight mix, as weight per shipment rose 3.9% year-over-year. Adjusted for mix and length of haul changes, core yield excluding fuel surcharge improved approximately 3%, while revenue per shipment excluding fuel surcharge rose 1.5%, supported by pricing actions and mix management. Operating income increased 26% to $125 million, with the operating ratio improving to 86.9% from 87.8% a year ago, reflecting a positive leverage of volume growth and operating efficiency gains. Notably, expense categories such as salaries, wages and benefits rose 11.