Saia awaits payoff on $2B investment

Less-than-truckload carrier Saia said it sees more tailwinds than headwinds facing its business in the new year. The company has opened 39 terminals in the past three years, making it a true national carrier. However, costs associated with ramping the new locations were again an overhang on quarterly results. The Johns Creek, Georgia-based company reported fourth-quarter earnings per share of $1.77 on Tuesday before the market opened. The result was 38% lower year over year and 14 cents below the consens ...