SAIA INC 10-K

Item 2. Properties Saia is headquartered in Johns Creek, Georgia and has additional general offices in Houma, Louisiana, Boise, Idaho and Dallas, Texas. At December 31, 2022, Saia owned 98 service facilities, including the Houma, Louisiana general office, and leased 93 service facilities, including the Johns Creek, Georgia corporate office and the Boise, Idaho general office. Saia owns 51 percent of its service facilities, accounting for 62 percent of its door capacity. This mix follows Saia’s strategy of seeking to own strategically-located facilities that are integral to its operations and lease service facilities in smaller markets to allow for more flexibility. As of December 31, 2022, Saia owned approximately 6,200 tractors and 20,800 trailers, inclusive of equipment acquired with finance leases. At December 31, 2022, the Company had pledged certain land and structures, tractors and trailers, accounts receivable and other assets to secure the Company’s obligations under its revolving credit agreement. All terminals shown in the table below as owned by the Company were subject to liens pursuant to the revolving credit agreement, except where noted. On February 3, 2023, the Company entered into a new unsecured credit agreement that replaced the prior agreement. As a result, these liens were terminated at such date. See “Financial Condition, Liquidity and Capital Resources” under Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations for more information about these credit agreements. Top 20 Saia Terminals by Number of Doors at December 31, 2022 Location Own/Lease Doors Houston, TX Own 234 Atlanta, GA Own 217 Memphis, TN Own 200 Dallas, TX Own 174 Fontana, CA Own 162 Chicago, IL Lease 153 Indianapolis, IN (1) Own 147 Garland, TX Own 145 Harrisburg, PA (1) Own 130 Phoenix, AZ (1) Own 121 Nashville, TN Own 116 Cleveland, OH Lease 115 Charlotte, NC Own 108 Kansas City, MO (1) Own 102 Newburgh, NY Lease 101 Newark, NJ Lease 101 Grayslake, IL (1) Own 100 St. Louis, MO (1) Own 99 Toledo, OH Own 96 Philadelphia, PA Lease 90 (1) Not subject to a lien.