Saia Increases and Extends Credit Facility

Saia Increases and Extends Credit Facility 
JOHNS CREEK, GA -- (Marketwired) -- 07/01/13 --  Saia, Inc. (NASDAQ:
SAIA), a leading transportation provider offering multi-regional
less-than-truckload (LTL), non-asset truckload and logistics, today
announced that it has amended its revolving credit facility to
increase Saia's borrowing capacity, lower certain interest rates and
extend the term. 
On June 28, 2013, the Company entered into an amendment to its
revolving credit facility with BOKF, NA dba Bank of Oklahoma, N.A.,
SunTrust Bank, Bank of America, N.A., JPMorgan Chase Bank, N.A., and
Regions Bank. 
The amendment to the Company's revolving credit facility includes the

--  Increases the size of the available credit from $150 million under the
    previous credit agreement to $200 million and continues to make
    available an accordion feature that allows for an additional $40
    million in commitments under the facility
--  Extends the maturity under the previous credit agreement to five years
    from the effective date to June 28, 2018
--  Reduces the performance-based interest rate pricing grid such that the
    Company expects to achieve more favorable borrowing costs under the
    amended facility than under the previous credit agreement. This
    amendment reduces pricing by approximately 50 basis points on usage
    and 25 basis points on the non-use fee while adding an additional
    lower level to the pricing grid
--  Revises the financial covenants favorably by suspending certain
    requirements related to the borrowing base limitations and collateral

"I am pleased with the terms of this agreement as it reflects the
credit market's recognition of Saia's continued improvement in our
financial results. This new agreement provides flexibility for Saia's
future growth opportunities," said Saia Vice President - Finance and
Chief Financial Officer James A. Darby. "We thank our lending group
for their ongoing support."  
This description of the amendment to the revolving credit facility is
a summary only and is qualified by reference to the full text of the
amendment, a copy of which will be filed in a Form 8-K with the
Securities and Exchange Commission ("SEC").  
Saia, Inc. (NASDAQ: SAIA) offers customers a wide range of
less-than-truckload, non-asset truckload, expedited and logistics
services. Saia LTL Freight operates 147 terminals in 34 states. With
headquarters in Georgia, Saia employs 8,000 people. For more
information on Saia, Inc. visit the Investor Relations section at 
The SEC 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 update or revise any forward-looking statements. All
forward-looking statements reflect the present expectation of future
events of our management as of the date of this news release 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,
risks, assumptions and uncertainties include, but are not limited to,
general economic conditions including downturns in the business
cycle; the creditworthiness of our customers and their ability to pay
for services; competitive initiatives and pricing pressures,
including in connection with fuel surcharge; the Company's need for
capital and uncertainty of the current credit markets; the
possibility of defaults under the Company's debt agreements
(including violation of financial covenants); possible issuance of
equity which would dilute stock ownership; indemnification
obligations associated with the 2006 sale of Jevic Transportation,
Inc.; the effect of litigation including class action lawsuits; cost
and availability of qualified drivers, fuel, purchased
transportation, real property, revenue equipment and other assets;
governmental regulations, including but not limited to Hours of
Service, engine emissions, the "Compliance, Safety, Accountability"
(CSA) initiative, compliance with legislation requiring companies to
evaluate their internal control over financial reporting, changes in
interpretation of accounting principles and Homeland Security;
dependence on key employees; inclement weather; labor relations,
including the adverse impact should a portion of the Company's
workforce become unionized; effectiveness of Company-specific
performance improvement initiatives; terrorism risks; self-insurance
claims and other expense volatility; increased costs as a result of
recently enacted healthcare reform legislation and other financial,
operational and legal risks and uncertainties detailed from time to
time in the Company's SEC filings. As a result of these and other
factors, no assurance can be given as to our future results and
achievements. A forward looking statement is neither a prediction nor
a guarantee of future events or circumstances and those future events
or circumstances may not occur.  
Saia, Inc.
Renee McKenzie
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