Saia looking to expand terminal count and margins

Less-than-truckload carrier Saia (NASDAQ: SAIA) looks to expand its terminal network in 2021 and take yields and margins higher.

The Johns Creek, Georgia-based carrier reported fourth-quarter earnings per share of $1.51 on Monday, outpacing the consensus estimate of $1.30 and last year’s result of 81 cents. The fourth-quarter result benefited by 9 cents due to a lower tax rate.

Saia plans to open at least one terminal during the first quarter and management is hopeful that...

https://www.freightwaves.com/news/saia-looking-to-expand-terminal-count-and-margins