Tag: Saias

Saia’s Q1 miss, weak March shipments send shares 20% lower

LTL stocks sold off again on Friday following a multiyear runup. (Photo: Jim Allen/FreightWaves) Shares of less-than-truckload carriers were priced for beat-and-raise results heading into earnings season. Saia missed first-quarter expectations Friday, sending its stock 20% lower and pulling the rest of its peer group down for a second time in a week. Saia (NASDAQ: […]