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Saia, Inc. Reports First Quarter 2009 Results
JOHNS CREEK, Ga.--Saia, Inc. a leading multi-regional less-than-truckload (LTL) carrier, today reported first-quarter 2009 results.
First Quarter 2009 Results Compared to First Quarter 2008
Revenues were $206.1 million, a decrease of 17 percent over the prior year quarter.
Operating loss was $7.5 million compared to operating income of $2.0 million in the prior year quarter.
Net loss per share was $0.47. Net loss per share in the prior year quarter was $0.06.
Operating ratio was 103.6 vs. 99.2 in the prior year quarter.
LTL tonnage per workday was down 7.2 percent from prior year as LTL shipments per workday were down 4.8 percent with a 2.6 percent reduction in weight per shipment.
LTL yield was down 8.9 percent for the quarter primarily due to the decline in fuel surcharges.
Saia, Inc. Reports First Quarter 2009 Results - Yahoo! Finance
SAIA--
Saia, Inc. Reports First Quarter 2009 Results - Yahoo! Finance
Summary of SAIA INC - Yahoo! Finance
Saia delivers deeper Q1 loss - Atlanta Business Chronicle:
Saia loses $6.3M on low demand, pricing pressure - Yahoo! Finance
Live Call: Saia, Inc. Earnings Conference Call (Q1 2009) - Yahoo! Finance
UPDATE 2-Saia Q1 loss soars on weak tonnage, lower margins | Markets | Markets News | Reuters
Earnings roundup: Horizon Lines, Moog - Yahoo! Finance
Saia Takes 1Q Loss | Transport Topics Online | Trucking, Freight Transportation and Logistics News
Con-way CEO: “There are some signs that our freight volumes may be nearing a bottom.”
http://www.truckingboards.com/truck...panies-also-had-big-bounce-24.html#post604816
JOHNS CREEK, Ga.--Saia, Inc. a leading multi-regional less-than-truckload (LTL) carrier, today reported first-quarter 2009 results.
First Quarter 2009 Results Compared to First Quarter 2008
Revenues were $206.1 million, a decrease of 17 percent over the prior year quarter.
Operating loss was $7.5 million compared to operating income of $2.0 million in the prior year quarter.
Net loss per share was $0.47. Net loss per share in the prior year quarter was $0.06.
Operating ratio was 103.6 vs. 99.2 in the prior year quarter.
LTL tonnage per workday was down 7.2 percent from prior year as LTL shipments per workday were down 4.8 percent with a 2.6 percent reduction in weight per shipment.
LTL yield was down 8.9 percent for the quarter primarily due to the decline in fuel surcharges.
Saia, Inc. Reports First Quarter 2009 Results - Yahoo! Finance
SAIA--
Saia, Inc. Reports First Quarter 2009 Results - Yahoo! Finance
Summary of SAIA INC - Yahoo! Finance
Saia delivers deeper Q1 loss - Atlanta Business Chronicle:
Saia loses $6.3M on low demand, pricing pressure - Yahoo! Finance
Live Call: Saia, Inc. Earnings Conference Call (Q1 2009) - Yahoo! Finance
UPDATE 2-Saia Q1 loss soars on weak tonnage, lower margins | Markets | Markets News | Reuters
Earnings roundup: Horizon Lines, Moog - Yahoo! Finance
Saia Takes 1Q Loss | Transport Topics Online | Trucking, Freight Transportation and Logistics News
Con-way CEO: “There are some signs that our freight volumes may be nearing a bottom.”
http://www.truckingboards.com/truck...panies-also-had-big-bounce-24.html#post604816