December 19, 2024 10:29 AM | 1 min read Also Read: Dow Dips Over 1,100 Points, Falling For 10th Session As Powell Adopts Hawkish Stance: Greed Index Moves To ‘Fear’ Zone The introduction of these electric trucks is a key step toward reducing emissions and minimizing environmental impact, aligning with Saia’s long-standing commitment to sustainability. Earlier this year, Saia tested the Tesla Semi, evaluating its range, payload capacity, and overall performance. The results were positive, with the trucks demonstrating smooth acceleration, efficiency, and the ability to handle steep inclines while carrying heavy loads. Saia reported achieving 1.73 kWh per mile during the demonstration, showcasing the truck’s impressive power and efficiency. Earlier this month, Saia announced that it has closed on an amendment to its unsecured revolving credit facility to increase its borrowing capacity from $300 million to $600 million. The amendment also extends the maturity of the existing credit facility to December 2029. Price Action: SAIA shares are trading lower by 1.16% to $504.75 at last check Thursday. Read Next: