Saia Reports Record Second Quarter Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Share:
JOHNS CREEK, Ga., April 28, 2021 (GLOBE NEWSWIRE) Saia, Inc. (NASDAQ:SAIA), a leading transportation provider offering multi-regional less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported first quarter 2021 financial results. Diluted earnings per share in the quarter were $1.40 compared to $1.06 in the first quarter of 2020.
Highlights from the first quarter operating results were as follows:
First Quarter 2021 Compared to First Quarter 2020 Results
Revenue was $484.1 million, a 8.4% increase
Operating income was $48.7 million, a 25.6% increase
Operating ratio of 89.9 compared to 91.3
LTL shipments per workday increased 2.6%
LTL tonnage per workday increased 5.3%
LTL revenue per hundredweight increased 5.6%
LTL revenue per shipment rose 8.4% to $261.96