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BURR RIDGE, IL – Neighbors of a trucking hub in Burr Ridge are upset with the noise and lights put up in December. They brought up their concerns at Monday's Village Board meeting. The neighbors are in the Chestnut Hills townhome subdivision. They are north of the Saia LTL Freight hub, which is along Interstate 55. The residents said the lights violated a years-old agreement when the village annexed the industrial property. They also said the problem likely happened because personnel had changed at the local site. Chestnut Hills resident John Summers spoke of the "rather idyllic view" of the wetlands between Saia and the subdivision. "Then the lights of Wrigley Field appeared and have changed the view in the evenings," he said. He urged the village to speak with Georgia-based Saia. "Give them a little religion," he said. "Remind them that there was an agreement in place." Resident Donna Ryan, who heads the subdivision's association, said the hub's noise has increased a lot. She sugge
Deregulation under the new administration is expected to reduce costs for trucking companies like Saia, enhancing profitability and operational flexibility. Saia could benefit from lower vehicle acquisition costs and reduced compliance burdens due to the potential rollback of emissions regulations. Increased tariffs on imports may drive higher domestic freight volumes, further boosting Saia's demand and market share.
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Saia, Inc. specializes in less-than-truckload shipping and has seen a 400% stock increase over five years, but recently slowed down. Record-breaking revenue of $789 million in Q4 2024, driven by network expansion and acquisition of Yellow's terminals, but at high operational expenses. Rising labor, insurance, and operational costs challenge profitability, despite Saia's pricing power and strategic focus on heavier shipments.
Saia, Inc. SAIA posted better-than-expected results for its fourth quarter on Monday.
While tariff-induced volatility may impact Saia's NASDAQ: SAIA stock price in the first half of 2025, this company is building leverage that ensures its stock price will continue to trend higher over the long term. Leverage is seen in the growing footprint, swelling shareholder value, and balance sheet, which promises the first two trends can continue.
Saia, Inc. (NASDAQ:SAIA ) Q4 2024 Earnings Conference Call February 3, 2025 10:00 AM ET Company Participants Matthew Batteh - EVP and CFO Frederick Holzgrefe - President and CEO Conference Call Participants Jonanthan Chappell - Evercore ISI Tom Wadewitz - UBS Christian Wetherbee - Wells Fargo Jordan Alliger - Goldman Sachs Daniel Imbro - Stephens Ken Hoexter - Bank of America Ravi Shanker - Morgan Stanley Eric Morgan - Barclays Bruce Chan - Stifel Bascome Majors - Susquehanna Ari Rosa - Citigroup Joseph Halfling - Jefferies Chris Kuhn - Benchmark Tyler Brown - Raymond James Operator Good morning, and welcome to the Saia Incorporated Fourth Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
While the top- and bottom-line numbers for Saia (SAIA) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Saia (SAIA) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $2.79 per share. This compares to earnings of $3.33 per share a year ago.
JOHNS CREEK, Ga., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported fourth quarter 2024 financial results. Diluted earnings per share for the quarter were $2.84 compared to $3.33 in the fourth quarter of 2023. Full year diluted earnings per share were $13.51 in 2024 compared to $13.26 in 2023.