News / Saia set for $1bn expansion as LTL market feeds on Yellow carcass

© Wirestock

The combination of relatively stable market conditions and the gap left by the demise of Yellow is turbo-charging the expansion drives of a rising number of US LTL carriers.

After XPO and Knight-Swift signalled aggressive expansion after their buying sprees of Yellow terminals and leases, Saia has unveiled plans to spend $1bn in capex this year, including buying 17 Yellow terminals outright and acquiring leases on a further 11.

This outlay will account for about a quarter of this year’s spend, with ...