SC 13G 1 scopus13g-saia_042010.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ___)* Saia, Inc. --------------------------------- (Name of Issuer) Common Stock -------------------------------------- (Title of Class of Securities) 78709Y105 --------- (CUSIP Number) April 26, 2010 ----------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 78709Y105 1. Name of Reporting Person I.R.S. Identification No. of the above person (entities only). Scopus Asset Management, L.P. 2. Check the Appropriate Box if a Member of a Group. (a)[ ] (b)[X] 3. SEC Use Only. 4. Citizenship or Place of Organization. Delaware Number of Shares 5. Sole Voting Power -0- Beneficially Owned by 6. Shared Voting Power 962,298 Each Reporting Person With 7. Sole Dispositive Power -0- 8. Shared Dispositive Power 962,298 9. Aggregate Amount Beneficially Owned by Reporting Person. 962,298 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares N/A 11. Percent of Class Represented by Amount in Row (9) 6.0% 12. Type of Reporting Person OO CUSIP No. 78709Y105 Item 1(a):Name of Issuer: Saia, Inc. (the "Company"). Item 1(b):Address of Issuer's Principal Executive Offices: 11465 Johns Creek Parkway Suite 400 Johns Creek, GA 30097 Items 2(a)Name of Person Filing; Address of Principal Business Office and 2(b): This statement is filed by and on behalf of Scopus Asset Management, L.P. ("Scopus"), which acts as investment manager to one or more private investment funds (the "Funds") and an institutional managed account (the "Managed Account"). The principal business address of the reporting person is 623 5[th] Avenue, 31[st] Floor, New York, New York, 10022. Item 2(c):Citizenship: Scopus is a Delaware limited partnership Item 2(d):Title of Class of Securities: Common Stock ("Common Stock") Item 2(e):CUSIP Number: 78709Y105 Item 3: If this statement is filed pursuant to Rules 13d-1(b), or 13d- 2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act. (b) [ ] Bank as defined in Section 3(a)(6) of the Act. (c) [ ] Insurance company as defined in Section 3(a)(19) of the Act. (d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940. (e) [ ] An investment adviser in accordance with Rule13d- 1(b)(1)(ii)(E). (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1 (b)(1)(ii)(F). (g) [ ] A parent holding company or control person in accordance with Rule 13d-1 (b)(1)(ii)(G). (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940. (j) [ ] Group, in accordance with Rule 13d-1 (b)(1)(ii)(J). Item 4: Ownership: The following states the beneficial ownership of Scopus as of April 26, 2010. This report relates to the same shares of Common Stock which may be deemed to be owned (i) directly (in the aggregate) by the Funds and the Managed Account, none of which individually beneficially own more than 5% of the class; and (ii) indirectly by Scopus, which as investment adviser to the Funds and the Managed Account, shares the power to direct the vote or disposition of such securities. (a) Amount beneficially owned: 962,298 shares of Common Stock. (b) Percent of class: 6.0%. (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 962,298 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 962,298 Item 5: Ownership of Five Percent or Less of a Class: Not Applicable Item 6: Ownership of More than Five Percent on Behalf of Another Person: The Funds and the Managed Account have the right to receive dividends from and the proceeds of the sale of the subject securities owned by such entities. None of such parties owns beneficially more than 5% of the class. Item 7: Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person: Not Applicable. Item 8: Identification and Classification of Members of the Group: Not Applicable. Item 9: Notice of Dissolution of Group: Not Applicable. Item 10: Certification: By signing below the undersigned certifies that, to the best of the undersigned's knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: April 28, 2010 Scopus Asset Management, L.P. /s/ Jonathan D'Orsi By: Jonathan D'Orsi Title: Chief Operating Officer