Core Insights - Saia, Inc. announced the retirement of Rohit Lal, Executive Vice President and Chief Information Officer, after eight years with the company, effective immediately [1][2] - Tarak Patel has been appointed as the new Executive Vice President and Chief Information Officer, bringing extensive experience in technology and digital transformation [1][3] Leadership Transition - Rohit Lal has significantly advanced Saia's digital capabilities and IT infrastructure during his tenure since joining in 2017 [2] - Lal will remain with the company as an advisor until the first quarter of 2026 to ensure a smooth transition [2] New Executive Profile - Tarak Patel previously served as CIO at Smurfit WestRock, leading a global transformation in processes and technologies [3] - Patel has held leadership roles at E. & J. Gallo Winery and Henkel, focusing on enterprise-wide technology initiatives and supply chain integrations [3] - He holds a Bachelor of Science degree in Computer Engineering from the University of California, San Diego [3] Company Overview - Saia, Inc. offers a variety of transportation services, including less-than-truckload, non-asset truckload, expedited, and logistics services [4] - The company operates 213 terminals nationwide, headquartered in Georgia [4]

Core Viewpoint - Saia, Inc. is set to release its quarterly financial results on October 30, 2025, before the market opens, followed by a conference call to discuss the results [1]. Company Information - Saia, Inc. is a leading transportation provider specializing in less-than-truckload (LTL), non-asset truckload, expedited, and logistics services [3]. - The company operates 213 terminals across the United States, providing national service [3]. Conference Call Details - The conference call will take place at 10:00 a.m. Eastern Time on October 30, 2025, and can be accessed by dialing 1-833-890-5317 [2]. - A live webcast of the call will be available on the company's website, and a replay will be accessible for two hours after the call until November 30, 2025 [2].

Core Insights - Saia, Inc. reported a diluted earnings per share of $2.67 for Q2 2025, down from $3.83 in Q2 2024, indicating a decline in profitability [1][14]. Financial Performance - Revenue for Q2 2025 was $817.1 million, a decrease of 0.7% compared to $823.2 million in Q2 2024 [9][14]. - Operating income fell to $99.4 million, representing a 27.8% decrease from $137.6 million in the same quarter last year [9][14]. - The operating ratio increased to 87.8% from 83.3%, indicating higher operational costs relative to revenue [9][16]. - LTL shipments per workday decreased by 2.8%, while LTL tonnage per workday increased by 1.1% [9][16]. - LTL revenue per hundredweight, excluding fuel surcharge revenue, decreased by 1.2%, while LTL revenue per shipment, excluding fuel surcharge revenue, increased by 2.7% [9][16]. Financial Position - As of June 30, 2025, the company had $18.8 million in cash and total debt of $309.1 million, compared to $11.2 million in cash and $176.7 million in debt a year earlier [3][13]. - Net capital expenditures for the first half of 2025 were $375.6 million, down from $681.3 million in the first half of 2024 [4][15]. - The company anticipates net capital expenditures of approximately $600 million to $650 million for the full year 2025, subject to market conditions [4]. Management Commentary - The CEO emphasized the team's focus on customer service and cost management in response to current volume trends, highlighting improvements in operational efficiencies [2]. - The CFO noted that the customer-first approach is yielding results, particularly in newer markets, with facilities opened for less than three years leading in volume and revenue growth [2].