Saia, Inc. reported a decrease in revenue for the second quarter of 2025, with diluted earnings per share at $2.67 compared to $3.83 in 2024. Operating income also decreased by 27.8%, with an operating ratio of 87.8%. LTL shipments per workday decreased by 2.8%, while LTL tonnage per workday increased by 1.1%.

Saia’s President and CEO, Fritz Holzgrefe, emphasized the team’s focus on customer care, mix management, and cost control. CFO Matt Batteh highlighted growth in newer markets and improved operational efficiencies. The company ended the quarter with $18.8 million in cash and total debt of $309.1 million.

Net capital expenditures for the first six months of 2025 were $375.6 million, compared to $681.3 million in 2024. Saia anticipates net capital expenditures of approximately $600 million to $650 million in 2025, subject to market conditions. A conference call to discuss quarterly results will be held at 10:00 a.m. Eastern Time today.

Saia, Inc. offers a range of transportation services and operates 213 terminals nationwide. The company’s financial statements for the second quarter of 2025 show a strong financial position with total assets of $3.46 billion. Investors are encouraged to review forward-looking statements for a comprehensive understanding of the company’s future prospects.

Read more at GlobeNewswire: Saia Reports Second Quarter Results