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These excerpts taken from the SAIA 10-K filed Mar 5, 2009. Financial
Instruments
The carrying amounts of financial instruments including cash and
cash equivalents, accounts receivable, accounts payable and
short-term debt approximated fair value as of December 31,
2008 and 2007, because of the relatively short maturity of these
instruments. See Note 4 for fair value disclosures related
to long-term debt.
Financial Instruments The carrying amounts of financial instruments including cash and cash equivalents, accounts receivable, accounts payable and short-term debt approximated fair value as of December 31, 2008 and 2007, because of the relatively short maturity of these instruments. See Note 4 for fair value disclosures related to long-term debt.
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