Saia’s tonnage growth accelerates in May on easier comp
Key takeaways
- Saia’s tonnage growth accelerates in May on easier comp Saia's second-quarter guidance implies y/y margin improvement for the first time in over two years.
- The Johns Creek, Georgia-based less-than-truckload carrier reported May tonnage growth of 8.4% y/y as shipments grew 3.7% and weight per shipment increased 4.5%.
- Two-year-stacked comps show Saia’s (NASDAQ: SAIA) tonnage growth has slowed from a recent high of 15% in March to 8% in May.
Saia’s tonnage growth accelerates in May on easier comp Saia's second-quarter guidance implies y/y margin improvement for the first time in over two years. (Photo: Jim Allen/Freight Waves) Todd Maiden Wed, June 3, 2026 at 12:24 AM GMT+7 2 min read SAIA Saia reported a pickup in year-over-year tonnage growth in its May update issued Tuesday, though the improvement was measured against a softer prior-year result.
The Johns Creek, Georgia-based less-than-truckload carrier reported May tonnage growth of 8.4% y/y as shipments grew 3.7% and weight per shipment increased 4.5%. That compared to final results for April, showing a 6.9% tonnage increase as shipments and weight per shipment were up 5.6% and 1.3%, respectively. (April was up against a prior-year comp that was 480 basis points higher than May’s.)
Two-year-stacked comps show Saia’s (NASDAQ: SAIA) tonnage growth has slowed from a recent high of 15% in March to 8% in May. However, Saia’s prior-year comps range from mostly negative to slightly positive for the rest of the year.