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Saia Posts Record Q2 Tonnage as Shippers Flee Costly Truckload Market

Saia achieved its strongest quarterly tonnage performance in company history during Q2. Rising truckload rates and capacity constraints pushed shippers toward less-than-truckload solutions. The mode shift began at the start of Q2 when customers redirected half-load shipments from truckload networks to LTL carriers seeking cost savings. Average shipment weights climbed alongside volume gains at the carrier. Saia's growth reflects a $1.6 billion infrastructure investment over two years, funding 70 new terminal openings and upgrades to 26 additional facilities across its network. The carrier is pursuing rate increases to offset mounting equipment and insurance costs, with new tractors ranging from $140,000 to $160,000. Saia remains selective about freight acceptance, focusing on multi-service customers while maintaining established partnerships.