Saia Profits Improve for Quarter, Year

Saia Inc. said its fourth-quarter operating income increased more than three fold to $6.2 million, from $1.8 million in the prior-year period.

Earnings per share rose to 15 cents, from 4 cents, while revenue rose 13% to $253 million, the less-than-truckload carrier said.

For the full year, net income jumped to $11.4 million, or 70 cents per share, from $2 million, or 12 cents. Revenue rose 14% to $1 billion.

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