Saia's November Tonnage Surge: A Positive Sign
Update: 2025-12-02
Description
Saia LTLs November Tonnage Surges: A Positive Sign for Q4Saia LTL, a less-than-truckload carrier, reported a significant turnaround in November, with tonnage volumes returning to positive territory after three months of decline. The companys daily tonnage increased by 1.8% year over year, driven by a 2.6% rise in shipments, despite a slight decrease in average weight per shipment. This positive shift is particularly notable when compared to a two-year period, where Saias tonnage was up 7.5%, marking their highest increase since June. However, tougher comparisons await in December, as last year saw a 13.5% increase in tonnage. Despite broader manufacturing sector challenges, Saias positive tonnage report for November suggests that their Q4 results might not be as challenging as anticipated, with contractual rate increases and a general rate increase potentially offsetting margin pressures.
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