−Removed: Saia is headquartered in Johns Creek, Georgia and has additional general offices in Houma, Louisiana, Boise, Idaho and Dallas, Texas.
−Removed: 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.
−Removed: Saia owns 51 percent of its service facilities, accounting for 62 percent of its door capacity.
−Removed: 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.
−Removed: As of December 31, 2022, Saia owned approximately 6,200 tractors and 20,800 trailers, inclusive of equipment acquired with finance leases.
−Removed: 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.
−Removed: 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.
−Removed: On February 3, 2023, the Company entered into a new unsecured credit agreement that replaced the prior agreement.
−Removed: As a result, these liens were terminated at such date.
−Removed: See “Financial Condition, Liquidity and Capital Resources”
−Removed: under Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations for more information about these credit agreements.
+Added: Saia is headquartered in Johns Creek, Georgia and has additional general offices in Houma, Louisiana and Boise, Idaho.
+Added: At December 31, 2023, Saia owned 111 service facilities, including the Houma, Louisiana general office, and leased 87 service facilities, including the Johns Creek, Georgia corporate office, the Boise, Idaho general office and the Dallas, Texas warehouse.
+Added: At December 31, 2023, Saia owned 56 percent of its service facilities, accounting for 66 percent of its door capacity.
+Added: 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.
+Added: As of December 31, 2023, Saia owned approximately 6,500 tractors and 22,100 trailers, inclusive of trailers acquired with finance leases.
Top 20 Saia Terminals by Number of Doors at December 31, 2023
+Added: Salt Lake City, UT
Indianapolis, IN
+Added: Edwardsville, KS
Harrisburg, PA
−Removed: Phoenix, AZ (1)
Nashville, TN
3 unchanged sentences
Grayslake, IL
−Removed: Louis, MO (1)
−Removed: Philadelphia, PA
−Removed: (1) Not subject to a lien.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.