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Saia Reports Record Second Quarter Earnings per Share of $0.75
Saia, Inc. 2 hours ago
JOHNS CREEK, GA--(Marketwired - Jul 29, 2015) - Saia, Inc. (NASDAQ: SAIA), a leading transportation provider offering multi-regional less-than-truckload (LTL), non-asset truckload and logistics services, today reported second quarter 2015 results.
Second Quarter 2015 Compared to Second Quarter 2014 Results
- Revenues were $323 million, a 2.1% decrease
- Operating income increased 38% to $31.3 million
- Diluted earnings per share were $0.75 compared to $0.53
- Operating ratio improved to 90.3 compared to 93.1
- LTL shipments were down 2.9% as LTL tonnage decreased 6.0%
- LTL revenue per hundredweight increased by 3.9% despite the impact of lower year-over-year fuel surcharges