Saia Inc

SAIA: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$343.00	Wgqp	Hdtdkqxq

Saia Earnings: LTL Demand Challenged, but Top Carriers Likely To Grab Share from Yellow

Matthew Young

Jul 28, 2023

Less-than-truckload specialist Saia's top line fell 7% year over year, but was in line with our expectations as initial freight diversions from floundering LTL peer Yellow helped offset greater-than-expected deterioration in core LTL-industry demand. Recall Yellow is facing a potential bankruptcy and customers have been diverting freight to other carriers in recent weeks.

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