JOHNS CREEK, Ga., Jan. 07, 2020 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering multi-regional less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today announced that Douglas Col has been promoted to Vice President and Chief Financial Officer, effective immediately. Mr. Col replaces Robert Chambers who returned to his prior employer in a senior executive position after eight months with Saia.
Mr. Col joined Saia in 2014 as Vice President and Treasurer assuming leadership for the Company’s bank relationships, risk management programs and investor relations. Prior to joining Saia, Mr. Col spent over twenty years working with transportation-related businesses as an investment analyst, equity fund manager and investment banker.
Rick O’Dell, Saia Chief Executive Officer, commented, “Doug has been an integral part of Saia’s leadership team since joining the Company. His role has included assessing potential acquisitions and larger scale investments. All told, his tenure with Saia as well his experience with investment and transportation businesses have been important in setting our strategy.”
Saia President and Chief Operating Officer, Fritz Holzgrefe, added, “Doug has done an exceptional job leading our Treasury and Investor Relations efforts. He has been instrumental in establishing and implementing our banking and equipment financing strategy and has led our efforts to optimize our risk management and insurance structures. Doug’s background as an investment analyst and fund manager has been especially valuable in managing our investor relations efforts. I am really excited to see him now lead our finance organization as we seek to continue to execute our business plan into the future.”
About Saia, Inc.
Saia, Inc. (Nasdaq: SAIA) offers customers a wide range of less-than-truckload, non-asset truckload, expedited and logistics services. With headquarters in Johns Creek, GA, Saia LTL Freight operates 168 terminals across 43 states. For more information on Saia, Inc. visit the Investor Relations section at www.saia.com.
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As a result of these and other factors, no assurance can be given as to our future results and achievements. Accordingly, 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. You should not place undue reliance on the forward-looking statements, which speak only as of the date of this press release. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.