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Saia President and CEO, Fritz Holzgrefe, shares insights into the current LTL freight market, including customer sentiment and Saia's strategic network expansion. Discover how Saia's investment in new terminals and workforce is cutting transit times, offering unparalleled service, and driving growth in competitive markets across the U.S. Holzgrefe also discusses navigating inflationary costs and balancing wage increases while maintaining a focus on customer value. #LTL #FreightMarket #SupplyChain
Saia has opened 70 terminals since 2017 as part of a deliberate, multiyear organic expansion that CEO Fritz Holzreif says is still far from its full potential. Since 2023 alone, the carrier has added close to 40 new locations and replaced or relocated another 30 facilities — a pace of physical network transformation that Holzreif said no other LTL carrier has matched in the same period.
The buildout matters because it has unlocked transit lanes Saia could not previously offer. Customers can now ship freight from Trenton, N.J., to Texas markets in three days, Holzreif noted — a direct result of the denser footprint. "Customers are coming to us and say, 'Oh, fantastic, you can now get my freight from Trenton, New Jersey to Texas markets in 3 days,'" he said. "That's significant. We couldn't do that historically."
"We are early innings of tapping the full potential of this business," Holzreif said, adding that the roughly 40 facilities opened since 2023 have not yet reached the profitability or density levels the company believes they can achieve.
#saia #since #markets
Saia President and CEO, Fritz Holzgrefe, shares insights into the current LTL freight market, including customer sentiment and Saia's strategic network expansion. Discover how Saia's investment in new terminals and workforce is cutting transit times, offering unparalleled service, and driving growth in competitive markets across the U.S. Holzgrefe also discusses navigating inflationary costs and balancing wage increases while maintaining a focus on customer value. #LTL #FreightMarket #SupplyChain
Saia has opened 70 terminals since 2017 as part of a deliberate, multiyear organic expansion that CEO Fritz Holzreif says is still far from its full potential. Since 2023 alone, the carrier has added close to 40 new locations and replaced or relocated another 30 facilities — a pace of physical network transformation that Holzreif said no other LTL carrier has matched in the same period.
The buildout matters because it has unlocked transit lanes Saia could not previously offer. Customers can now ship freight from Trenton, N.J., to Texas markets in three days, Holzreif noted — a direct result of the denser footprint. "Customers are coming to us and say, 'Oh, fantastic, you can now get my freight from Trenton, New Jersey to Texas markets in 3 days,'" he said. "That's significant. We couldn't do that historically."
"We are early innings of tapping the full potential of this business," Holzreif said, adding that the roughly 40 facilities opened since 2023 have not yet reached the profitability or density levels the company believes they can achieve.
#saia #since #markets
2 months ago
