LTL shipments

Saia’s stock pops on May’s volume acceleration

Less-than-truckload carrier Saia saw an acceleration in daily shipment counts through the first two months of the second quarter. After the company logged a 15.7% year-over-year (y/y) increase in shipments during the first quarter, a Tuesday midquarter report showed the carrier’s shipments finished April 18% higher y/y and were up 18.6% y/y in May.

Saia (NASDAQ: SAIA) and other national LTL carriers continue to benefit from the freight left behind following Yellow Corp.’s (OTC: YELLQ) shutdown...

https://www.freightwaves.com/news/saias-stock-pops-on-mays-volume-acceleration

Saia sees tonnage trends advance in Q4

Saia continues to see monthly tonnage increase

Less-than-truckload carrier SAIA (NASDAQ: SAIA) announced Wednesday shipment metrics for the first two months of the fourth quarter that included a November tonnage hike of more than 7%.

On a year-over-year comparison, the Johns Creek, Georgia-based carrier reported that October LTL shipments increased 3.3%, with weight per shipment climbing 2.4%. The result was a 5.7% increase in tonnage for the month. November tonnage was up 7.3%, the combination of a 4.4% increase in shipments and a 2.8%...

https://s29755.pcdn.co/news/saia-sees-tonnage-trends-advance-in-q4

Geofencing data: Less-than-truckload boost carries into June

Old Dominion and UPS Freight trucks at facility

Less-than-truckload (LTL) volumes continued to improve throughout May and into the first week of June, said Deutsche Bank (NYSE: DB) analyst Amit Mehrotra in a note to clients.

He reported that in the first week of June, LTL activity levels improved 7% versus the average levels seen in May and were up 8% compared to the last week of May. Mehrotra believes that Old Dominion Freight Line (NASDAQ: ODFL) and SAIA (NASDAQ: SAIA) outperformed the average increase and UPS (NYSE: UPS) and YRC Worldwide (

https://s29755.pcdn.co/news/geofencing-data-less-than-truckload-boost-carries-into-june

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