
Saia Q1 Operating Ratio Ticks Up Despite Revenue Gain
The LTL carrier posted 2.4% revenue growth to $806.2 million, but the operating ratio climbed 60 basis points to 91.7 as costs outpaced top-line gains.
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The LTL carrier posted 2.4% revenue growth to $806.2 million, but the operating ratio climbed 60 basis points to 91.7 as costs outpaced top-line gains.
The LTL carrier posted flat Q1 EPS after two years of terminal expansion. Execs say legacy service centers are seeing growth again now that the network runs…