Saia’s Third-Quarter Earnings Improve

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aia Inc., parent of less-than-truckload carrier Saia Motor Freight Line, reported late Tuesday third-quarter net income of $7.7 million or 52 cents a share, up from $7 million or 43 cents a year ago.

Revenue at the former SCS Transportation increased 14% to $226 million, compared with $199 million in the third quarter of 2005.

Saia said its third-quarter earnings include charges of $0.09 per share for equity-based compensation and restructuring expenses.

Last quarter, the company completed the sale of its Jevic Transportation unit to an affiliate of Sun Capital Partners. (Click here for previous coverage.)

Saia is ranked No. 23 on the 2006 Transport Topics 100 listing of U.S. and Canadian for-hire carriers.