Saia (SAIA) 8-K Saia, Inc. Reports First Quarter 2008 Results Revenues were $249.3 million, an increase of 8% over prior-year quarter

EXHIBIT 99.1

**FOR IMMEDIATE RELEASE**

Saia, Inc. Reports First Quarter 2008 Results
Revenues were $249.3 million, an increase of 8% over prior-year quarter

JOHNS CREEK, Ga. — April 25, 2008 — Saia, Inc. (NASDAQ: SAIA), a leading multi-regional less-than-truckload (LTL) carrier, today reported first-quarter 2008 results.

First Quarter 2008 Results Compared to First Quarter 2007

• Revenues were $249.3 million, an increase of 8 percent over the prior-year quarter.

• Operating income was $2.0 million compared to $7.1 million in the prior -year quarter which included $2.4 million in integration charges.

• Net loss per share was $0.06. Earnings per share in the prior-year quarter were $0.21.

• Operating ratio was 99.2 vs. 97.0 in the prior-year quarter.

• LTL tonnage was down 4.4 percent from prior-year as LTL shipments were down 3.0 percent with a 1.5 percent reduction in weight per shipment.

• LTL yield was up 12 percent for the quarter primarily due to longer average length of haul and the impact of higher fuel surcharges.

First quarter margins declined primarily due to pricing pressure, tonnage softness, unprecedented fuel prices, severe weather and higher costs. The rapid increase in fuel prices, rising faster than the fuel surcharge, negatively impacted first quarter results by approximately $1.3 million, or $0.06 per share. We estimate the impact of unusually severe winter weather reduced earnings by approximately $0.02 per share.

Historically, the company’s first quarter is the weakest due to lower seasonality of demand and the potential for adverse weather; therefore, we believe results of first-quarter operations will not be indicative of full year results.

“We are operating in a difficult economic environment with weak tonnage demand, increasing price competition and escalating fuel prices which continue to pressure margins. We are managing through this challenging environment with our targeted sales and marketing programs to build density while continuing to pursue engineered cost and efficiency initiatives”said Rick O’Dell, president and chief executive officer.

“In these uncertain economic conditions, Saia remains committed to service, effective yield management and cost initiatives required to achieve long term benefits for our customers and shareholders,” O’Dell said.

Financial Position and Capital Expenditures

Total debt was $185.3 million at March 31, 2008. Net the Company’s $5.3 million cash balance at quarter end, net debt to total capital was 47.4 percent.

Net capital expenditures from continuing operations for the first three months of 2008 were $13 million. This compares to $21 million in the prior-year quarter.

Saia, Inc. First-Quarter 2008 Results
Page 2

Conference Call

The Company will hold a conference call to discuss these results today at 10:00 a.m. Eastern Time. To participate in the call, please dial1-877-558-9192 or dial 706-758-1748 for international calls and using conference ID # 42550253. Callers should dial in five to 10 minutes in advance of the conference call. This call will be webcast live via the Company web site at www.saia.com and will be archived on the site. A replay of the call will be available two hours after the completion of the call through May 1, 2008. The replay is available by dialing 1-800-642-1687 or 706-645-9291.

The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at www.earnings.com, Thomson’s individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents (www.streetevents.com), a password-protected event management site.

Saia, Inc. (NASDAQ: SAIA) is a less-than-truckload provider of regional, interregional and guaranteed services covering 34 states. With headquarters in Georgia and a network of 152 terminals, Saia employs 8,300 people. For more information, visit the Investor Relations section at www.saia.com.

The Securities and Exchange Commission encourages companies to disclose forward-looking information so that investors can better understand the future prospects of a company and make informed investment decisions. This news release contains these types of statements, which are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.

Words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “may,” “plan,” “predict,” “believe,” “should” and similar words or expressions are intended to identify forward-looking statements. Investors should not place undue reliance on forward-looking statements, and the Company undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements reflect the present expectation of future events of our management and are subject to a number of important factors, risks, uncertainties and assumptions that could cause actual results to differ materially from those described in any forward-looking statements. These factors and risks include, but are not limited to, general economic conditions; integration risks; indemnification obligations associated with the sale of Jevic Transportation, Inc.; the effect of ongoing litigation including class action lawsuits; cost and availability of qualified drivers, fuel, purchased transportation, property, revenue equipment and other operating assets; governmental regulations, including but not limited to Hours of Service, engine emissions, compliance with legislation requiring companies to evaluate their internal control over financial reporting and Homeland Security; dependence on key employees; inclement weather; labor relations; effectiveness of company-specific performance improvement initiatives; competitive initiatives and pricing pressures, including in connection with fuel surcharges; terrorism risks; self-insurance claims, equity-based compensation and other expense volatility; and other financial, operational and legal risks and uncertainties detailed from time to time in the Company’s SEC filings.

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Saia, Inc. First-Quarter 2008 Results
Page 3

CONTACT:	Saia, Inc.
	Renée McKenzie, Treasurer
	RMcKenzie@Saia.com
	678.542.3910

Saia, Inc.
Condensed Consolidated Balance Sheets
(Amounts in thousands)
(Unaudited)

	March 31,			December 31,
	2008			2007
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	5,332		$	6,656
Accounts receivable		116,352			107,116
Prepaid expenses and other		42,577			37,837
Total current assets		164,261			151,609
PROPERTY AND EQUIPMENT:
Cost		607,905			596,357
Less: Accumulated depreciation		236,732			227,585
Net property and equipment		371,173			368,772
GOODWILL AND OTHER ASSETS		40,118			40,202
Total assets	$	575,552		$	560,583
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable and checks outstanding	$	40,107		$	42,732
Wages and employees’ benefits		34,652			32,862
Other current liabilities		39,023			38,138
Current portion of long-term debt		12,793			12,793
Total current liabilities		126,575			126,525
OTHER LIABILITIES:
Long-term debt		172,532			160,052
Deferred income taxes		54,661			55,961
Claims, insurance and other		21,897			17,393
Total other liabilities		249,090			233,406
SHAREHOLDERS’ EQUITY:
Common stock		13			13
Additional paid-in capital		170,563			170,260
Treasury stock		—			—
Deferred compensation trust		(2,819	)		(2,584	)
Retained earnings		32,130			32,963
Total shareholders’ equity		199,887			200,652
Total liabilities and shareholders’ equity	$	575,552		$	560,583

Saia, Inc.
Consolidated Statements of Operations
For the Quarter Ended March 31, 2008 and 2007
(Amounts in thousands, except per share data)
(Unaudited)

	First Quarter
	2008			2007
OPERATING REVENUE	$	249,329		$	231,827
OPERATING EXPENSES:
Salaries, wages and employees’ benefits		133,347			129,804
Purchased transportation		18,983			16,167
Fuel, operating expenses and supplies		66,474			50,394
Operating taxes and licenses		8,963			8,321
Claims and insurance		9,444			8,799
Depreciation and amortization		10,167			9,020
Operating gains, net		(31	)		(165	)
Integration charges		—			2,427
Total operating expenses		247,347			224,767
OPERATING INCOME		1,982			7,060
NONOPERATING EXPENSES:
Interest expense		3,186			2,204
Other, net		97			(152	)
Nonoperating expenses, net		3,283			2,052
INCOME (LOSS) BEFORE INCOME TAXES		(1,301	)		5,008
Income tax provision (benefit)		(468	)		1,985
NET INCOME (LOSS)		(833	)		3,023
Average common shares outstanding — basic		13,299			14,237
Average common shares outstanding — diluted		13,435			14,493
Basic earnings (loss) per share	$	(0.06	)	$	0.21
Diluted earnings (loss) per share	$	(0.06	)	$	0.21

Saia, Inc.
Condensed Consolidated Statements of Cash Flows
For the Quarter Ended March 31, 2008 and 2007
(Amounts in thousands)
(Unaudited)

	2008			2007
OPERATING ACTIVITIES:
Net cash from (used in) operating activities-continuing operations	$	(360	)	$	3,927
Net cash used in operating activities-discontinued operations		—			(117	)
Net cash from (used in) operating activities		(360	)		3,810
INVESTING ACTIVITIES:
Acquisition of property and equipment		(13,530	)		(20,863	)
Proceeds from disposal of property and equipment		104			319
Acquisition of business		—			(2,344	)
Net cash used in investing activities		(13,426	)		(22,888	)
FINANCING ACTIVITIES:
Proceeds from long-term debt		25,000			21,013
Repayment of long-term debt		(12,538	)		(469	)
Repurchase of common stock		—			(5,408	)
Proceeds from stock option exercises		—			241
Net cash from financing activities		12,462			15,377
NET DECREASE IN CASH & CASH EQUIVALENTS		(1,324	)		(3,701	)
CASH & CASH EQUIVALENTS, BEGINNING OF PERIOD		6,656			10,669
CASH & CASH EQUIVALENTS, END OF PERIOD	$	5,332		$	6,968

Saia, Inc.
Financial Information
For the Quarter Ended March 31, 2008 and 2007
(Amounts in thousands)
(Unaudited)

									First Quarter
		First Quarter							Amount/Workday
						%							%
		2008		2007		Change			2008		2007		Change
Workdays										64		64
Operating ratio			99.2		97.0
Operating ratio excluding integration charges (1)			99.2		95.9
F/S Revenue	LTL		231,619		215,838		7.3			3,619.0		3,372.5		7.3
	TL		17,710		15,989		10.8			276.7		249.8		10.8
	Total		249,329		231,827		7.5			3,895.8		3,622.3		7.5
Revenue excluding	LTL		231,542		216,331		7.0			3,617.8		3,380.2		7.0
revenue recognition	TL		17,705		16,026		10.5			276.6		250.4		10.5
adjustment	Total		249,247		232,357		7.3			3,894.5		3,630.6		7.3
Tonnage	LTL		913		955		(4.4	)		14.27		14.93		(4.4	)
	TL		187		176		5.8			2.92		2.76		5.8
	Total		1,100		1,131		(2.8	)		17.19		17.69		(2.9	)
Shipments	LTL		1,653		1,704		(3.0	)		25.83		26.63		(3.0	)
	TL		25		24		3.2			0.39		0.38		3.2
	Total		1,678		1,728		(2.9	)		26.22		27.00		(2.9	)
Revenue/cwt.	LTL		12.68		11.32		12.0
	TL		4.74		4.54		4.4
	Total		11.33		10.26		10.4
Revenue/shipment	LTL		140.05		126.92		10.3
	TL		710.74		664.10		7.0
	Total		148.52		134.42		10.5
Pounds/shipment	LTL		1,105		1,121		(1.5	)
	TL		14,989		14,620		2.5
	Total		1,311		1,310		0.1

(1) — Integration charges were incurred in 2007 and consist of employee retention and stay bonuses, communications, re-logoing the fleet of The Connection and Madison Freight Systems, technology integration and other items in connection with the integration of the operations of The Connection and Madison Freight Systems. Management believes that excluding these charges more accurately reflects the core operating performance of Saia.