Press Release

Forward Air announces 6% general rate increase – FreightWaves

The company’s 6% GRI will apply to all shipments.

Forward Air (NASDAQ: FWRD) announced Monday a 6% general rate increase on all shipments “to offset rising operating costs.”

The Greeneville, Tennessee-based expedited trucking company said the increased rates took effect Monday and will include its less-than-truckload service.

Prior to joining FreightWaves, he covered the TLs, LTLs, railroads and brokers for RBC Capital Markets and BB&T Capital Markets.

Todd began his career in banking and finance before moving over to transportation equity research where he provided stock recommendations for publicly traded transportation companies.