StreetInsider.com News Articles

Saia Expands Midwest Network with New Facilities in Minnesota and Missouri

Fri, 19 Jun 2026 12:58:00 -0400

JOHNS CREEK, Ga., June 19, 2026 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA), a leading provider of less-than-truckload (LTL) transportation services, announced the opening of two new terminals this month in Duluth, Minnesota, and Columbia, Missouri, as part of the company’s continued investment in expanding and strengthening its nationwide network.

The Duluth terminal opened earlier this month, while the Columbia facility officially began operations this week.

The new terminals give customers expanded access to Saia’s network across key Midwest markets, with stronger regional coverage, and added capacity to support growing shipping needs.

Saia Expands Midwest Network with New Facilities in Minnesota and Missouri

Fri, 19 Jun 2026 12:58:00 -0400

The Duluth terminal opened earlier this month, while the Columbia facility officially began operations this week.

The new terminals give customers expanded access to Saia’s network across key Midwest markets, with stronger regional coverage, and added capacity to support growing shipping needs.

Saia Expands Midwest Network with New Facilities in Minnesota and Missouri

Fri, 19 Jun 2026 12:58:00 -0400

The Duluth terminal opened earlier this month, while the Columbia facility officially began operations this week.

The new terminals give customers expanded access to Saia’s network across key Midwest markets, with stronger regional coverage, and added capacity to support growing shipping needs.

Saia Expands Midwest Network with New Facilities in Minnesota and Missouri

Fri, 19 Jun 2026 12:58:00 -0400

The Duluth terminal opened earlier this month, while the Columbia facility officially began operations this week.

The new terminals give customers expanded access to Saia’s network across key Midwest markets, with stronger regional coverage, and added capacity to support growing shipping needs.

Citi turns cautious on trucking stocks as valuation concerns outweigh earnings ups

Mon, 15 Jun 2026 08:59:08 -0400

Investing.com -- Citi has adopted a more cautious stance on North American trucking stocks, arguing that strong freight fundamentals and rising earnings expectations are already largely reflected in share prices after a sharp rally across the sector in 2026.

The firm downgraded Old Dominion Freight Line to Sell from Neutral and cut ratings on Saia, Knight-Swift Transportation, and CH Robinson Worldwide to Neutral, citing limited additional upside despite improving industry conditions.

The brokerage acknowledged that trucking companies are positioned to deliver strong second-quarter earnings as freight demand improves and spot rates rise. However, Citi believes this bullish outlook is already widely anticipated

Citi turns cautious on trucking stocks as valuation concerns outweigh earnings ups

Mon, 15 Jun 2026 08:59:08 -0400

Citi turns cautious on trucking stocks as valuation concerns outweigh earnings ups

Mon, 15 Jun 2026 08:59:08 -0400

Citi Downgrades Saia Inc. (SAIA) to Neutral

Mon, 15 Jun 2026 05:27:33 -0400

Citi analyst Ariel Rosa downgraded Saia Inc. (NASDAQ: SAIA) from Buy to Neutral with a price target of $524.00 (from $516.00).

For an analyst ratings summary and ratings history on Saia Inc. click here. For more ratings news on Saia Inc. click here.

Shares of Saia Inc. closed at $482.87 yesterday.

Citi Downgrades Saia Inc. (SAIA) to Neutral

Mon, 15 Jun 2026 05:27:33 -0400

Citi analyst Ariel Rosa downgraded Saia Inc. (NASDAQ: SAIA) from Buy to Neutral with a price target of $524.00 (from $516.00).

For an analyst ratings summary and ratings history on Saia Inc. click here. For more ratings news on Saia Inc. click here.

Shares of Saia Inc. closed at $482.87 yesterday.

Trucking stocks slide as Amazon expands freight service

Wed, 10 Jun 2026 10:09:16 -0400

Investing.com -- Shares of several trucking companies fell sharply on Tuesday after Amazon announced the U.S. expansion of its less-than-truckload freight service to any destination and any business size, rattling investors in the transportation and logistics sector.

Old Dominion Freight Line dropped 7.3%, FedEx Freight fell 5.2%, Knight-Swift slid 5.4%, and Saia moved 8.2% lower following the announcement.

Amazon is expanding its less-than-truckload service, which allows businesses to share trailer space for partial loads rather than reserving a full truckload, beyond its existing inbound-to-Amazon offering to include third-party warehouses, distribution centers, and retail partners.

The service, which has operated since 2019

Trucking stocks slide as Amazon expands freight service

Wed, 10 Jun 2026 10:09:16 -0400

Old Dominion Freight Line dropped 7.3%, FedEx Freight fell 5.2%, Knight-Swift slid 5.4%, and Saia moved 8.2% lower following the announcement.

The service, which has operated since 2019

Trucking stocks slide as Amazon expands freight service

Wed, 10 Jun 2026 10:09:16 -0400

Old Dominion Freight Line dropped 7.3%, FedEx Freight fell 5.2%, Knight-Swift slid 5.4%, and Saia moved 8.2% lower following the announcement.

The service, which has operated since 2019

Raymond James sees Amazon LTL freight launch pressuring ODFL, SAIA