©Reuters.
JOHNS CREEK, Georgia – Skirt Inc. (NASDAQ:NASDAQ:), a major player in the transportation industry, reported increased less-than-truckload (LTL) shipments and tonnage for the first two months of the first quarter of 2024. The company, which specializes in LTL, non-asset, expedited and logistics services, noted a notable increase in daily LTL shipments and tonnage in January and February compared to the same months a year earlier.
In January, Saia observed an 11.8% increase in LTL shipments per business day, while LTL tonnage per business day increased by 3.3%. However, LTL weight per shipment saw a 7.5% decrease, with shipments averaging 1,334 pounds. February followed a similar pattern, with LTL shipments per business day increasing 19.0% and LTL tonnage per business day increasing 11.0%. LTL shipping weight in February fell 6.7% to 1,311 pounds.
These figures indicate a robust start to the year for Saia, reflecting a potential increase in demand for their shipping services. Despite these positive indicators, Saia cautioned that actual quarterly and annual data could differ materially from these initial figures. This cautionary position is consistent with the company’s recognition of various risk factors that could affect its operating results, as detailed in its annual report and other filings with the Securities and Exchange Commission.
Saia emphasizes that the information provided in its press release is current as of the date of the press release and may be subject to change. The company said it has no obligation to update or amend the information, except as required by law.
Saia, based in Georgia, operates 194 terminals and provides services in 45 states.
This article was generated with the support of AI and reviewed by an editor. For further information please see our T&Cs.