Soapstone sold all 23,750 shares of Saia, a net position change of $6.5 million. The position shift represented a 4.4% change in 13F reportable assets under management.
Investors face two disruptive phases: AI-driven labor market weakness, followed by new industry emergence, requiring strategic portfolio diversification. Favor high-quality stocks and income-generating assets, focusing beyond S&P 500 index funds to outperform in a potentially lower-return market environment. Key opportunities include stock exchanges (CME, ICE, MIAX), cyclical value (railroads, ...
JOHNS CREEK, Ga., Dec. 02, 2025 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, is providing LTL shipment and tonnage data for the first two months of the fourth quarter. In October 2025, LTL shipments per workday declined 3.4%, LTL tonnage per workday declined 3....
The small cap team initiated a new investment position in Hexcel Corporation. Hexcel is a global leader in advanced composite materials. We initiated a position in Charles River Labs in Q3. CRL is a high-quality company in the drug discovery and development outsourcing space. Small cap exited Saia this quarter. The company has faced a challenging macroeconomic environment for LTL (less-than-tru...
The trucking industry has been in a multi-year cyclical downturn. At the same time, Saia has been expanding rapidly, which has led to higher costs and weaker profit margins. Terex has faced headwinds, including weak demand in its core segments, rising tariffs and interest expenses, and a soft European market. Air Lease's primary business operations include aircraft leasing, fleet management, an...
Saia remains resilient amid macroeconomic volatility, benefiting from LTL market undercapacity and strong fundamentals despite weak demand. SAIA's robust balance sheet, prudent capex, and effective cost management support high sustainability and operational flexibility in a challenging environment. Valuation remains attractive, with SAIA trading below historical averages and technicals signalin...
Saia, Inc. ( SAIA ) Q3 2025 Earnings Call October 30, 2025 10:00 AM EDT Company Participants Matthew Batteh - Executive VP, CFO & Secretary Frederick Holzgrefe - President, CEO & Director Conference Call Participants Christian Wetherbee - Wells Fargo Securities, LLC, Research Division Jonathan Chappell - Evercore ISI Institutional Equities, Research Division Scott Group - Wolfe Research, LLC Jo...
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