SAIA’s record-breaking quarter, the latest in a string of blowout financial reports by LTL companies, drew rapid applause from Wall Street.
At approximately 12:45 p.m Thursday, the stock of Saia (NASDAQ: SAIA) was up 8.36% to $221.82. That was the high level of the day, with Saia stock having climbed immediately after its early morning earnings announcement that reported an operating ratio of 85.5% and total shipments at an all-time high.
The OR for the company marked a 600-basis-point...