Saia

American freight company

For other uses, see SAIA (disambiguation).

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|

Saia, Inc.

Early 2000s Saia truck and trailers

Company type| Public

Traded as

* Nasdaq: SAIA
* S&P 400 component

ISIN| US78709Y1055
Industry| Transportation
Founded| 1924; 101 years ago (1924) in Houma, Louisiana, U.S.
Founder| Louis Saia Sr.
Headquarters|

Johns Creek, Georgia

U.S.

Number of locations

* 3 general offices
* 84 owned service facilities
* 90 leased service facilities

(2020)

Area served

* Contiguous US direct
* AK, HI, PR, Canada, and Mexico via partners

Key people

* Frederick J. Holzgrefe, III (president & CEO)
* Douglas L. Col (EVP & CFO)
* Raymond R. Ramu (EVP & Chief Customer Officer)
* Stephanie R. Maschmeier (VP & Chief Accounting Officer)

Revenue|  US$1,822 million (2020)

Operating income

|  US$180 million (2020)

Net income

|  US$138 million (2020)
Total assets|  US$1,548 million (2020)
Total equity|  US$961 million (2020)

Number of employees

| 10,600 (2020)
Parent|

* Preston Trucking (1987–1993)
* Yellow Corporation (1993–2002)
* SCST (2002–2006)

Subsidiaries|

* Saia LTL Freight
* LinkEx
* Saia Logistics Services

Website| saia.com
Footnotes / references
[1][2]

Saia is an American less than truckload (LTL) trucking company that originated in Houma, Louisiana, in 1924. With original operation occurring in Louisiana and Texas for the first fifty years, expansion came after 1980 when coverage began reaching into more states in the South. Further expansion happened through mergers with other companies, which allowed Saia to provide service for thirty six states. Saia ranks in the top ten of LTL carriers in the United States,[2] with revenues of over $1.8 billion in 2020.[1]

## History

[edit]

### Foundation and expansion

[edit]

Saia began in 1924 in Houma, Louisiana by Louis Saia Sr. Louis was a produce dealer who realized that there was more success in delivering produce rather than selling it. The first Saia truck was his car with the rear seats removed.

By 1970, Saia expanded and established terminals in Texas and Louisiana. Saia became one of the largest regional LTL carriers in the United States with 23 terminals throughout the Southeastern United States and revenue exceeding $50 million.

### Subsidiary of Preston and Yellow

[edit]

The Saia family sold Saia to Preston Trucking in 1987.

The Yellow Corporation purchased Preston Trucking, along with subsidiaries Saia & Smalley, in 1993. In 1995 Saia merged with Smalley Transportation resulting in the establishment of terminals in North Carolina, South Carolina and western Texas.

### Resumed independence

[edit]

Saia truck at Harry Reid International Airport, Las Vegas, Nevada in 2019

In 2002 Saia and Delanco, New Jersey-based Jevic Transportation, another Yellow Corporation subsidiary, spun off to form an independent publicly traded company called SCS Transportation (SCS). Clark Brothers Transport, Inc. was acquired in 2004 incorporating its nine state, sixteen terminal operations into Saia.[2]

In 2006, SCS sold Jevic to a Sun Capital Partners affiliate for $40 million.[3] The sale came after years of low profitability at Jevic and allowed SCS to focus on its more successful Saia unit. Along with the sale, SCS announced plans to rebrand the parent company to Saia and move its corporate headquarters from Kansas City, Missouri to Saia's headquarters in Duluth, Georgia. Saia president Rick O'Dell would become president, CEO, and a board member of the parent company with former chairman and CEO, Bert Trucksess, transitioning to non-executive chairman.[4] Jevic, originally founded in 1981 by Harry Mulschlegel, would shut down in 2008 after being unable to improve its fortunes as an independent company.[5]

Saia began trading on the NASDAQ with the symbol SAIA.[2]

### Expansion via acquisitions

[edit]

Saia expanded further with the acquisitions of two LTL carriers: Columbus, Ohio–based The Connection Company in 2006[6][7] and Madison Freight Systems (MFS) of Waunakee, Wisconsin in 2007.[8]

Saia acquired Robart Transportation (and subsidiary The RL Services Group) in 2012 for approximately $7.8 million. Robart, founded in 1981 in Duluth, Georgia, was a non-asset truckload and brokerage service provider while The RL Services Group focused on supply chain, logistics, data mining, and operations analysis and related services. The acquisition of Robart, which Saia planned to rebrand under the Saia name, marked Saia's first significant move into non-asset logistics services.[9]

In 2015, Saia acquired Dallas-based third-party logistics provider LinkEx for $25 million. LinkEx was founded in 2002 as a non asset–based intermodal logistics management company, providing services and technology for management of international and domestic shipments.[10] After the LinkEx purchase, Saia's previous non-asset acquisition, Robart, was merged into LinkEx which continued operations as a wholly owned subsidiary of Saia with offices in Dallas, Atlanta, and Guadalajara, Mexico.[11]

In December 2023, Saia acquired 17 terminals of former parent company Yellow Corporation in the Chapter 11 bankruptcy sale for $235.7 million.[12]

## Operations

[edit]

Saia has 194 terminals and serves the 48 states in the contiguous United States directly. It also serves Alaska, Hawaii, Puerto Rico, Mexico, and Canada via a network of partners. The three operating service groups of Saia are Saia LTL Freight, Saia Logistics Service, and LinkEx. Saia has over 13,000 employees and handles over 30,000 shipments per day as of 2023.[2]

In 2017, Saia partnered with TST Overland Express, now TST-CF Express to provide cross border shipments into Canada. Saia provides the equivalent service for TST.[13]

## References

[edit]

1. ^ a b "Saia Reports Record Fourth Quarter Results". Saia.com. 8 February 2021. Retrieved 13 August 2021.
2. ^ a b c d e "Saia Company Overview". Saia.com. Retrieved 13 August 2021.
3. ^ "SCS sells Jevic to investors". FreightWaves. American Shipper. 2 July 2006. Retrieved 13 August 2021.
4. ^ "SCS sells Jevic, to rebrand itself as Saia". Commercial Carrier Journal. 4 July 2006. Retrieved 13 August 2021.
5. ^ Carretta, Justin (19 May 2008). "Jevic Transportation shutting down". Fleet Owner. Retrieved 13 August 2021.
6. ^ "Saia Acquires LTL Hauler The Connection Company for $17.5 Million". Transport Topics. 20 November 2006. Retrieved 13 August 2021.
7. ^ Gallagher, Thomas L. (19 November 2006). "Saia Buys Connection". JOC.
8. ^ Drickhamer, David (8 February 2007). "Saia Acquires Wisconsin-based LTL". Material Handling & Logistics. Retrieved 13 August 2021.
9. ^ Berman, Jeff (3 July 2012). "Saia acquires Robart Transportation, expands truckload brokerage and logistics presence". Logistics Management. Retrieved 13 August 2021.
10. ^ Cassidy, William B. (4 February 2015). "US trucker Saia buys international reach with LinkEx acquisition". JOC. Retrieved 13 August 2021.
11. ^ "LinkEx at Saia.com". saia.com. Retrieved 13 August 2021.
12. ^ "Saia agrees to buy 17 former Yellow truck terminals, including Berks location". WFMZ.com. 2023-12-05. Retrieved 2023-12-08.
13. ^ "Saia Partners With TST Overland Express for Cross-Border LTL Service". Transport Topics. 4 April 2017. Retrieved 15 August 2021.

## External links

[edit]

Wikimedia Commons has media related to Saia.

* Saia Official Website
* LinkEx Official Website

* v
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Trucking industry in the United States

Regulated by the Federal Motor Carrier Safety Administration
Economy of the United States

Regulations|

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Motor carriers|

| Truckload carriers|

* Averitt Express
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|

Less than truckload (LTL)|

* ABF
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* Estes Express Lines
* FedEx
* New England Motor Freight
* Old Dominion Freight Line
* R+L Carriers
* Saia
* Southeastern
* TForce Freight
* XPO, Inc.
* Yellow Corporation

Third-party logistics providers|

* Access America Transport
* American Lamprecht Transport
* C.H. Robinson
* Freightquote
* CaseStack
* Ryder
* Total Quality Logistics
* Trailer Bridge
* Trucker Path
* XPO, Inc.

National parcel carriers|

* DHL
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* United States Postal Service

Regional parcel carriers|

* GLS
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Moving companies|

* Allied
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Truck stops|

* BETO Junction
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* Town Pump

People|

* Frederick W. Smith
* Iyman Faris
* J. Harwood Cochrane
* Jimmy Hoffa
* John Hunt
* Keith Jesperson
* Kelly Reno
* Reginald Denny

Organizations|

* American Moving & Storage Association
* American Trucking Associations
* DAT Solutions (Dial-A-Truck)
* International Brotherhood of Teamsters
* National Motor Freight Classification
* National Motor Freight Traffic Association
* National Private Truck Council
* SmartWay Transport Partnership

* Glossary of the American trucking industry

Popular culture|

| Film|

* Black Dog
* Breakdown
* Breaker! Breaker!
* Convoy
* Duel
* F.I.S.T.
* High-Ballin'
* Joy Ride
* Maximum Overdrive
* Over The Top
* Smokey & the Bandit
* They Drive by Night
* The Gang's All Here
* The Great Smokey Roadblock
* Trucker
* White Line Fever
* Hoffa

|

Television|

* American Loggers
* American Trucker
* B. J. and the Bear
* Ice Road Truckers
* Movin' On
* Trick My Truck

Music|

* A Tombstone Every Mile
* Big Wheels in the Moonlight
* Bonnie Jean (Little Sister)
* Convoy
* Drivin' My Life Away
* East Bound and Down
* Eighteen Wheels and a Dozen Roses
* Giddyup Go
* Girl on the Billboard
* Movin' On
* Papa Loved Mama
* Phantom 309
* Roll On Big Mama
* Roll On (Eighteen Wheeler)
* Six Days on the Road
* Teddy Bear
* The White Knight

Radio|

* Dale Sommers
* Red Eye (Bill Mack)
* Road Dog Trucking (Dave Nemo)

Video games|

* 18 Wheeler: American Pro Trucker
* 18 Wheels of Steel
* American Truck Simulator
* Rig 'n' Roll
* Big Rigs: Over the Road Racing

Other|

* Citizens band radio
* The Rolling Memorial

* Note: Defunct companies are shown in italics

* v
* t
* e

Yellow Corporation

Subsidiaries
and divisions|

* YRC Freight
* YRC Freight Canada
* YRC Regional
* New Penn
* Holland
* Reddaway
* HNRY Logistics

Former subsidiaries|

* Roadway Express
* YRC Reimer
* USF Dugan
* USF Bestway
* Glen Moore
* YRC Logistics
* Saia
* Jevic Transportation

Related|

* Caliber System
* Yellow Freight 300
* Celadon Group

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S&P 400 companies

Energy|

* Antero Midstream
* Antero Resources
* Chord Energy
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* Murphy Oil
* Nov
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* PBF Energy
* Permian Resources
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* Valaris Limited
* Viper Energy
* Weatherford International

Materials|

* Alcoa
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* ATI Inc.
* Avient
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* Cleveland-Cliffs
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* Crown Holdings
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* Graphic Packaging
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* Knife River Corporation
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Industrials|

* AAON
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* Exponent, Inc.
* Flowserve
* Fluor
* Fortune Brands Innovations
* FTI Consulting
* GATX
* Genpact
* Graco
* GXO Logistics
* Hexcel
* Insperity
* ITT
* KBR
* Kirby
* Knight-Swift
* Landstar System
* Lincoln Electric
* ManpowerGroup
* MasTec
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* Middleby
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* Oshkosh
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* RB Global
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* Regal Rexnord
* Ryder
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* Timken
* The Toro Company
* Trex
* UFP Industries
* Valmont
* Watsco
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* Woodward
* XPO, Inc.

Consumer
discretionary|

* Abercrombie & Fitch
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* Boyd Gaming
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* Capri Holdings
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* Chewy
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* Churchill Downs Inc.
* Columbia Sportswear
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* Floor & Decor
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* Hilton Grand Vacations
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* Macy's
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* Mattel
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* Penske Automotive Group
* Planet Fitness
* Polaris
* PVH
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* Service Corp Intl
* Skechers
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* Taylor Morrison
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* Toll Brothers
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* Travel + Leisure Co.
* Under Armour (Class A)
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* Vail Resorts
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* VF Corporation
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* Wendy's
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* Yeti Holdings

Consumer
staples|

* Albertsons
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* BJ's Wholesale Club
* Boston Beer Company
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* Celsius Holdings
* Coca-Cola Consolidated
* Coty
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* Flowers Foods
* Ingredion
* Lancaster Colony Corp
* Maplebear Inc.
* Performance Food Group
* Pilgrim's Pride
* Post Holdings
* Sprouts Farmers Market
* US Foods

Healthcare|

* Acadia Healthcare
* Amedisys
* Avantor
* Bio-Rad Laboratories
* BioMarin Pharmaceutical
* Bruker
* Chemed Corp.
* Cytokinetics
* Dentsply Sirona
* Doximity
* Encompass Health
* Ensign Group
* Envista Holdings
* Exelixis
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* Haemonetics
* Halozyme
* HealthEquity
* Hims & Hers Health
* Illumina
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* Lantheus Holdings
* LivaNova
* Masimo
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* Neurocrine Biosciences
* Option Care Health
* Penumbra
* Perrigo
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* Roivant Sciences
* Sarepta Therapeutics
* Sotera Health
* Tenet Healthcare
* United Therapeutics

Financials|

* Affiliated Managers Group
* Ally Financial
* American Financial Group
* Annaly Capital Management
* Associated Bank
* Bank OZK
* Brighthouse Financial
* Cadence Bank
* The Carlyle Group
* CNO Financial Group
* Columbia Banking System
* Comerica
* Commerce Bancshares
* East West Bancorp
* Equitable Holdings
* Essent Group Ltd.
* Euronet Worldwide
* Evercore
* Federated Hermes
* Fidelity National Financial
* First American
* First Financial Bankshares
* First Horizon
* FirstCash
* FNB Corporation
* Frost Bank
* Glacier Bancorp
* Hamilton Lane
* Hancock Whitney
* Hanover Insurance
* Home BancShares
* Houlihan Lokey
* Interactive Brokers
* Intl Bancshares Corp
* Janus Henderson
* Jefferies
* Kemper
* Kinsale Capital Group
* MGIC Investment Corporation
* Morningstar, Inc.
* New York Community Bank
* Old National Bank
* Old Republic International
* Pinnacle Financial Partners
* Primerica
* Prosperity Bancshares
* Reinsurance Group of America
* RenaissanceRe
* RLI
* Ryan Specialty
* SEI
* Selective Insurance Group
* SLM Corp
* Shift4
* South State Bank
* Starwood Property Trust
* Stifel
* Synovus
* Texas Capital Bancshares
* UMB Financial Corp.
* United Bankshares
* Unum
* Valley Bank
* Voya Financial
* Webster Bank
* Western Alliance Bancorporation
* Western Union
* WEX Inc.
* Wintrust
* Zions Bancorporation

Information
technology|

* Allegro MicroSystems
* Amkor Technology
* AppFolio
* Arrow Electronics
* Avnet
* Belden
* Bill Holdings
* Blackbaud
* Ciena
* Cirrus Logic
* Cognex
* Coherent Corp.
* CommVault Systems
* Crane NXT
* Dolby
* Docusign
* Dropbox
* Dynatrace
* Entegris
* Fabrinet
* Flex Ltd.
* Guidewire Software
* IPG Photonics
* Kyndryl
* Lattice Semiconductor
* Littelfuse
* Lumentum Holdings
* MACOM Technology Solutions
* Manhattan Associates
* MKS Instruments
* Novanta
* Okta, Inc.
* Onto Innovation
* Pegasystems
* Power Integrations
* Pure Storage
* Qualys
* Rambus
* Silicon Labs
* Synaptics
* TD Synnex
* Universal Display
* Vontier

Communication
services|

* EchoStar
* Frontier Communications
* Iridium Communications
* The New York Times Company
* Nexstar Media Group
* Warner Music Group
* ZoomInfo

Real estate|

* Agree Realty
* Brixmor Property Group
* COPT Defense Properties
* Cousins Properties
* CubeSmart
* EastGroup Properties
* EPR Properties
* Equity Lifestyle Properties
* First Industrial Realty Trust
* Gaming and Leisure Properties
* Healthcare Realty Trust
* IRT Living
* Jones Lang LaSalle
* Kilroy Realty Corp
* Kite Realty Group Trust
* Lamar Advertising Company
* National Storage Affiliates Trust
* NNN Reit
* Omega Healthcare Investors
* Park Hotels & Resorts
* Physicians Realty Trust
* PotlatchDeltic
* Rayonier
* Rexford Industrial Realty
* Sabra Health Care REIT
* STAG Industrial
* Vornado Realty Trust
* W. P. Carey

Utilities|

* ALLETE
* Black Hills Corporation
* Essential Utilities
* Idacorp
* National Fuel Gas
* New Jersey Resources
* NorthWestern Corporation
* OGE Energy
* ONE Gas
* Ormat Technologies
* Portland General Electric
* Southwest Gas
* Spire
* TXNM Energy
* UGI Corporation

Authority control databases |

* VIAF

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