Saia's Strategic Approach to Technology Adoption: A Focus on Customer Experience and Operational Efficiency.

Saia, a LTL carrier, evaluates new technology based on productivity and customer-first strategy. Despite the downcycle, the company has invested $64 million in technology in 2024, focusing on enhanced visibility, predictive capacity planning, and streamlined customer interfaces for 2025 and 2026. Saia carefully evaluates new tech investments, ensuring they deliver tangible results and support its customer-first strategy.

Saia, Inc., a leading less-than-truckload (LTL) carrier, has increased its stake in Raymond James Financial Inc. by 1.6% during the first quarter of 2025. According to the company's latest SEC filing, Saia now owns 103,650 shares of Raymond James Financial Inc., valued at approximately $36.2 million [1].

This investment comes amidst Saia's significant technology spending in 2024, totaling $64 million. The company is focusing on enhancing visibility, predictive capacity planning, and streamlining customer interfaces for the years 2025 and 2026. Saia's strategic approach to technology investments ensures they deliver tangible results and align with its customer-first strategy.

Other major investors have also adjusted their stakes in Saia. Mariner LLC grew its stake by 11.0% in the fourth quarter, while Canada Pension Plan Investment Board acquired a new stake valued at approximately $182,000. First Trust Advisors LP increased its stake by 76.2%, and MML Investors Services LLC grew its stake by 37.5% [1].

In addition to these investments, Saia has seen a positive outlook from Wall Street analysts. Evercore ISI raised its target price on Saia from $297.00 to $345.00, giving the company an "outperform" rating [1]. Wells Fargo & Company raised its target price from $290.00 to $365.00, rating the stock as "equal weight." Jefferies Financial Group set a $335.00 price target, rating the stock as a "buy" [1].

Despite recent market fluctuations, Saia has shown resilience. Shares of SAIA traded down by $12.63 during mid-day trading on Thursday, September 2, 2025, hitting $290.16. The stock has a market cap of $7.73 billion, a P/E ratio of 26.79, and a PEG ratio of 14.19 [1].

Saia's recent earnings report showed a strong performance. The company reported $2.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.39 by $0.28. Revenue was $817.12 million, slightly below analyst estimates of $826.59 million [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-raymond-james-financial-inc-grows-position-in-saia-inc-saia-2025-08-24/
[2] https://www.prnewswire.com/news-releases/lightyear-releases-bulk-network-procurement-capability-and-circuit-kmz-functionality-302543996.html