Saia Reports Earnings Dip Amid Investments for Q4
But Georgia-Based Carrier Sets Revenue Record of $3.21 Billion in 2024
Saia opened a record 21 terminals in 2024 and now has 214 facilities and a national footprint. (Saia LTL Freight via Facebook)
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Saia Inc. closed out 2024 with lower fourth-quarter earnings amid efforts to reinvest in the operations of the business, but it set a revenue record for the full year, the company reported Feb. 3.
The Johns Creek, Ga.-based less-than-truckload carrier posted net income of $76.1 million, or $2.84 a diluted share, for the three months ending Dec. 31. That compared with $89.2 million, $3.33, during the same time the previous year. Total Q4 revenue increased by 5% to $789 million from $751.1 million.
“We opened 21 terminals in 2024, which is, by far, a record, and we relocated an additional nine terminals,” Saia CEO Fritz Ho…
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