Saia's Freight Dip: A Sign of Trucking Trouble?

Saia's freight tonnage dipped 2% in August, breaking a growth streak despite being a big winner from Yellow's collapse. Manufacturing struggles are a key challenge, but Saia maintains its profit outlook, balancing rising costs with efficiency gains. Surprisingly, investor sentiment is positive, with Saia's stock up, as the industry eyes manufacturing orders for a potential freight turnaround. Hosted on Acast. See acast.com/privacy for more information.