Saia's tonnage growth steps higher in August as comps ease

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Less-than-truckload carrier Saia reported an 8.7% year-over-year increase in tonnage for August, with daily shipments and weight per shipment also rising. This growth is partly due to easier prior-year comparisons but faces challenges like wage increases affecting third-quarter margins.

This development offers insights into the LTL sector's performance, crucial for understanding broader trucking industry trends and investor sentiment.

Read the full article at FreightWaves

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