Saia Shares Down on Lower Shipments in April, May

Dow Jones

Jun 05, 2025

By Adriano Marchese

Saia shares declined Thursday after the freight company said that the number of its less-than-truckload shipments declined in the past two months.

The stock was down 4.7% at $252.71 in Thursday trading. Shares are down 45% this year.

Saia said before the market open that shipments per workday declined 1.9% in April and 3.2% in May, according to data gathered for the first two months of the current quarter.

Less-than-truckload refers to shipments that don't require a full truck.

Shipped tonnage was up 4.4% per workday and weight per shipment rose by 6.5% in April. Tonnage per workday ticked down 0.4%, while weight per shipment rose 3.2%.

The company noted that the actual metrics may differ from the data when Saia reports quarterly results.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

June 05, 2025 11:47 ET (15:47 GMT)

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Shares are down 45% this year. \n</p>\n<p>\n  Saia said before the market open that shipments per workday declined 1.9% in April and 3.2% in May, according to data gathered for the first two months of the current quarter. \n</p>\n<p>\n  Less-than-truckload refers to shipments that don't require a full truck. \n</p>\n<p>\n  Shipped tonnage was up 4.4% per workday and weight per shipment rose by 6.5% in April. 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Shares are down 45% this year. \n\n\n  Saia said before the market open that shipments per workday declined 1.9% in April and 3.2% in May, according to data gathered for the first two months of the current quarter. \n\n\n  Less-than-truckload refers to shipments that don't require a full truck. \n\n\n  Shipped tonnage was up 4.4% per workday and weight per shipment rose by 6.5% in April. 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