Saia, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company's earnings per share were $0.33 compared to $0.15 in the fourth quarter of 2011. Revenues were $264 million with operating income of $10.1 million. This compares to 2011 fourth quarter revenue of $253 million and a reported operating income of $6.2 million. Income before income taxes was $8,441,000 against $3,923,000 a year ago. Net income was $5,406,000 against $2,473,000 a year ago.

For the full year, the company's revenues were $1.1 billion, a 7% increase from last year. For the full-year 2012, operating income was $58.7 million with net income of $32 million. This is compared to operating income of $28.1 million with net income of $11.4 million in the prior year. Earnings per share were $1.94 compared to $0.70 in 2011. Net capital expenditures for 2012 were $83 million. This compares to $68 million in the prior year. Income before income taxes was $51,139,000 against $17,730,000 a year ago. Net income was $32,048,000 against $11,373,000 a year ago. Net cash provided by operating activities was $100,675,000 against $58,211,000 a year ago period.

The company currently plans net capital expenditures in 2013 of approximately $90 million. This expenditure level reflects replacement tractors and trailers and the company's continued investment in technology. The company expects its normalized effective tax rate to be approximately 37.5% for the full year 2013.