Saia Inc. reported third quarter 2025 results with revenue of $839.6 million, a 0.3% decrease compared to the same period in 2024. Diluted earnings per share for the quarter were $3.22, down from $3.46 in the third quarter of 2024. Excluding a net gain on real estate recorded in the third quarter of 2025, adjusted diluted earnings per share were $2.81. Operating income was $118.6 million, representing a 5.2% decrease, while adjusted operating income, excluding the net gain on real estate, was $104.1 million, a 16.8% decrease. The operating ratio was 85.9%, and the adjusted operating ratio was 87.6%, compared to 85.1% in the prior year period. Less-than-truckload $(LTL)$ shipments per workday decreased 1.9%, and LTL tonnage per workday decreased 1.5%. LTL revenue per hundredweight, excluding fuel surcharge revenue, decreased 0.1%, while LTL revenue per shipment, excluding fuel surcharge revenue, increased 0.3%. Saia operates 213 terminals with national service.